Phoenix
ASU Taps Gould Evans, HNTB for Sun Devil Stadium Makeover
Arizona State University recently announced it selected Gould Evans and HNTB Corporation to lead the architectural and design renovations of its Sun Devil Stadium. This decision comes after a public request for qualifications.
Executive Spotlight: Joshua Simon, SimonCRE
Joshua Simon launched Phoenix-based SimonCRE at age 24. Now he’s developing and redeveloping shopping centers and single-tenant build to suits in places as diverse as Detroit and Arkansas.
Consolidated Investment Group Buys Student Housing Property in Tempe for $38.7M
Denver-based Consolidated Investment Group (CIG) recently announced the $38.7 million acquisition and refurbishment plan of a 225-unit, 640-bedroom student housing property located near Arizona State University in Tempe. Renamed Regents on University, the property formerly known as Block 1949 will be reconditioned before the beginning of the new school year.
Executive Spotlight: Josh Champion, Carroll Organization
Since joining the Carroll Organization three years ago, Josh Champion has dived headfirst into the task of growing its multi-family investment portfolio, now valued at more than $1 billion.
Universal Health Services Acquires Palo Verde Mental Health Facility
Universal Health Services of Tucson, LLC has announced the acquisition of Palo Verde Mental Health from Tucson Medical Center. The institution has been renamed Palo Verde Behavioral Health.
Younan Buys Class A Office Building for $7M; Hansji Urban to Start $80M Marriott Project
In a $7,1 million deal, Woodland Hills, California-based Younan Properties Inc. has acquired Black Canyon Corporate Center, a 94,203-square-foot office property in Phoenix, from REO Asset Manager, John Mitchell, of LNR Partners, as special servicer.
Parkway Acquires Jacksonville’s JTB Center in Multi-Asset Deal
The Christmas season was jolly at Parkway Properties as the investment giant has managed to add several landmark properties to its Florida portfolio besides announcing to be under contract for selling assets Houston, Texas and Phoenix, Arizona.
Noble Investment Embarks on $18M+ Redevelopment, Rebranding of Two Windmill Suites Hotels
Noble Investment Group acquired two Windmill Suites hotels in Arizona. The Windmill Suites Hotel Tucson at the University of Arizona and the Windmill Suites Hotel in Phoenix/Chandler at the Chandler Fashion Center will be rebranded soon.
DMB Sells Tempe’s Centerpoint on Mill for $38M; Wood Partners to Build Luxury M-F Complex in Scottsdale
In a $38.35 million deal, Scottsdale-based DMB, Inc. sold Centerpoint on Mill, a 127,027 square-foot commercial property in the heart of downtown Tempe,
Cole Acquires $56M Office Portfolio; Walton Street, Everest Holdings Pay $24M for Tempe Office Building
In a $23.5 million deal, a joint venture of Chicago-based Walton Street Capital L.L.C. and Scottsdale-based Everest Holdings has acquired Elliot Corporate Center, a 223,392-square-foot Class B office building in Tempe.
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