Phoenix
Buchanan Street Buys Stapley Corporate Center in Mesa for $33M
Buchanan Street Partners recently acquired the Stapley Corporate Center, a two-building, Class A office property. Located at 1840 and 1910 South Staple Drive in Mesa, the center was purchased for $32.5 million from The DESCO Group, Inc., the original developer of the center.
TA Associates Buys M-F Portfolio in Metro Phoenix for $75M
Two apartment complexes in metro Phoenix have been purchased by TA Associates for a total of $75 million.
Glendale Office Complex Trades for $9M; Pacific Realty Advisors Plans Industrial Project in Mesa
Cassidy Turley recently announced that Select Healthcare Solutions, LLC, Phoenix Cyberknife and Radiation Oncology Center, LLC have acquired Zanjero Falls for $9.1 million, a 147,405 square foot office property situated at 7410 N. Zanjero Boulevard in Glendale.
UMOM Details Plans for Affordable Housing Project in Sunnyslope
A new affordable housing project is coming to Phoenix through the initiative of UMOM and through the financial support of the Arizona Department of Housing (ADOH) and The Bob & Renee Parsons Foundation.
Equus Capital Partners Takes 2 Scottsdale Office Buildings for $44M
By Liviu Oltean, Associate Editor Equus Capital Partners, Ltd. recently expanded its Scottsdale footprint with the $44.1 million acquisition of two Class A office properties for $44.14 million, 92 Mountain View and Scottsdale Gateway I. Totaling 223,131 square feet of space, the two-story buildings had a 96 percent occupancy rate under the previous ownership of […]
Habitat Metro, Sunbelt Holdings to Break Ground on $75M Downtown Condo Project
Habitat Metro, in a joint venture with Scottsdale-based Sunbelt Holdings, plans to break ground by the end of the year on Portland Park, a 170-unit mixed-use development.
March 2015 Debut Planned for 180-Key Sheraton Next to Cubs Complex in Mesa
Starwood Hotels & Resorts Worldwide, Inc. announced its Sheraton brand will open a new-build hotel in Mesa, immediately adjacent to Chicago Cubs’ new spring training ballpark.
KBS Acquires Camelback Corridor Office Complex for $85M
In an $85.1 million deal, KBS Real Estate Investment Trust III of Newport Beach, Calif., has acquired Anchor Centre, a 333,284-square-foot office development in Phoenix’s Camelback Corridor submarket.
Bob Parsons Entity Acquires Infill M-U Property in Tempe for $26.5M
Mill Avenue Office, L.L.C., a commercial real estate entity owned by GoDaddy – founder Bob Parsons, has acquired Hayden Station, a 107,508 square-foot office and retail development in Tempe for $26.5 million (or $246.49 per square foot).
Standard Pacific Launches New Community in Phoenix; Broadstone Camelback Awarded LEED Platinum
California homebuilder Standard Pacific Homes has officially launched its newest gated community in Phoenix.