Phoenix
Grand Canyon U. Picks DMB Site in Mesa for New Campus
Grand Canyon University will locate its second East Valley campus at Eastmark, a 3,200-acre master-planned community being developed by DMB Associates in Mesa. GCU will purchase 100 acres, with an option to buy 60 additional acres. “In selecting the Eastmark site, we were especially impressed with the integrated community concept […]
Allred Starts Office Building No. 6 at Chandler Mixed-Use Development
Douglas Allred Co. has broken ground on the sixth speculative office building at Allred Park Place, its master-planned mixed-use development in Chandler.
$350M Phoenix-Area M-U Project to Combine Hotel, Office, Retail—Basketball?
A purpose-built entity of experienced players has been tapped as the developer of a $350 million mixed-use project on 10.5 acres of Arizona State University land adjacent to the school’s main campus in Tempe.
Nationwide Readies Fall Kickoff for 230-Acre Mixed-Use Project in Gilbert
Nationwide Realty Investors Ltd. plans to kick off construction this fall of one of the biggest mixed-use projects in the Gilbert area, a 230-acre development at Gilbert Rd. and the Loop 202 freeway.
Residential Housing Wraps 900-Bed Student Project In Tempe
Construction is wrapping up on a new multifamily complex that will serve Arizona State University in Tempe.
Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M
In a $37.5 million deal, Phoenix-based Alliance Residential Co. has acquired Villa Pallavicini, a 290-unit high-end rental apartment community located about two miles north of Chandler’s Price Corridor. The sales price equates to $129,310 per unit.
OnTrac Moves HQ to Chandler; Whitestone REIT Grabs Phoenix Community Center for $23M
OnTrac, the leader in regional overnight package delivery service in the eight Western States, plans to move its corporate headquarters to Chandler to accommodate the company’s growth demand.
Terminix Inks Westgate’s Biggest Office Lease; Griffin Pays $54.5M for Deer Valley Office Complex
Terminix plans to expand its operations to Arizona and open a new customer care center at Westgate Entertainment District in Glendale.
IIT Acquisitions Buys Southwest Phoenix Industrial Buildings for $44M
In a $44.3 million deal, IIT Acquisitions LLC has purchased Buckeye Logistics Center, a two-building, 684,064 square-foot industrial project in the Valley, from Principal Real Estate Investors.
Grossman Co. Receives $88M Financing for Arizona Grand Resort
Grossman Company Properties has secured $88 million in financing for its 740-key, all-suite Arizona Grand Resort located in Phoenix.