Phoenix
ESI Sells 179 Acres of AZ Business Park
The company has sold more than 61 percent of Surprise Pointe’s land to three different buyers: a developer, a distributor and a manufacturer. CBRE is representing the firm in the continuous sale of the 290-acre property.
Clarius Trades Phoenix Industrial Property
The two-building asset opened in 2017 and contains nearly 200,000 square feet. The structures are 71 percent leased to four tenants.
New Orbital ATK HQ Breaks Ground in Arizona
Willmeng Construction is building the 617,000-square-foot office project in Chandler, working on behalf of developer Douglas Allred Co. The campus will host the launch vehicles division for the aerospace giant.
Hilton Opens 3 DoubleTree Hotels
The company unveiled properties in Helena, Mont., Phoenix, and St. Paul, Minn., totaling 551 keys. Guest amenities include pools, meeting space and fitness centers.
Griffin Capital Snags Recently Completed Phoenix Office Asset
The 271,000-square-foot complex was built-to-suit for the McKesson Corp. last year, with the healthcare company’s lease expiring in 2028.
Hines JV Tops Off Phoenix Office Building
The 250,000-square-foot development in Chandler, Ariz., is scheduled for completion in the fourth quarter, with the first tenants expected to move in by November.
Lincoln Property, Goldman Sachs Expand Phoenix-Area Campus
The partners will develop the second office tower at the 3.2 million-square-foot The Grand at Papago Park Center in Tempe, Ariz.
Hunt Mortgage Group Names New VP
With more than 15 years of industry experience, Anthony Valenzuela—specializing in Fannie Mae and Freddie Mac loans—will work from the firm’s Phoenix office.
Tuft & Needle’s Phoenix HQ Trades for $9M
In 2012, the e-commerce and manufacturing firm acquired and completely renovated the iconic building in the city’s downtown area. Retail Realty Fund now purchased the entire 36,000-square-foot property from SimonCRE.
Realty Executives International Appoint New President
Patrick van den Bossche brings 30 years of experience as a C-suite executive to the new position, having managed fast growth, start-up and next-growth companies.