Regions Southwest | Phoenix
don and bryan As Phoenix Light Rail Debuts, Will T.O.D. Get on Track?
Jan. 05, 2009
Phoenix's $1.4 billion, 20-mile light rail system carried its first passengers on Dec. 27th, and real estate professionals believe that development opportunities around the line’s 20 stations are significant; Valley Metro, which operates the system, projects the system will initially carry 26,000 passengers a day.
Sperry Van Ness Adds Two Brokers
Dec. 12, 2008
Sperry Van Ness Real Estate Services L.L.C. has expanded its expertise in the Phoenix brokerage market and has hired Barbara McKenney as senior advisor and Heather Cheney as an advisor.
Opus Phoenix-Area Retail Center Moves Forward
Nov. 21, 2008
Opus West Corp. has begun construction on, and nailed down leases for most of the space at, the 170,000-square-foot Mill Crossing retail center in Chandler, Ariz., in southeast metro Phoenix.
Phoenix Office Property Fetches $25M
Oct. 14, 2008
The Acxiom Building, a two-story office structure encompassing approximately 97,000 square feet at 19825 N. 7th St. in Phoenix, has come under new ownership, courtesy of a $25.4 million deal.
Brazil-Based Company Completes 47,700-SF Hangar at Phoenix-Mesa Airport
Sept. 23, 2008
Embraer has wrapped up development of its new 47,700-square-foot executive jet service center at Phoenix-Mesa Gateway Airport in Mesa, Ariz.
Macerich Announces Palisene Development Plans
Sept. 19, 2008
Macerich has  announced plans for the much anticipated northeast Phoenix future retail development, Palisene, including a one million-square-foot, retractable roof, enclosed regional shopping center with Dillard's signing on as the first of four planned anchors.
Trillium Pinnacle Peak  Debuts in Phoenix
Sept. 12, 2008
Trillium Residential L.L.C. has wrapped up the development of Trillium Pinnacle Peak and opened its doors in North Phoenix.
Gaylord to Develop Convention/Resort Facility in Mesa
Sept. 05, 2008
Gaylord Entertainment has inked a deal to buy a parcel of land at the Mesa Proving Grounds in Mesa, Ariz., for the development of a resort and convention center. The development will occupy about 100 acres of the Mesa Proving Grounds, which totals about 3,200 acres.
Chemical Company Stays Put at Suburban Phoenix Home with 53,000-SF Lease Renewal
Sept. 05, 2008
BioLab Inc. has decided to extend its commitment to its digs at 5555 North 51st Avenue in Glendale, Ariz., with the signing of a new seven-year lease.
Nelson Brothers Breaks Into TIC Investment Biz with Phoenix Retail Purchase
Aug. 29, 2008
Nelson Brothers Professional Real Estate, a one-year-old firm based in Aliso Viejo, Calif., has completed its first Tenant-in-Common transaction with the purchase of Palm Valley La Piazza Retail Center in Goodyear, Ariz.
Amazon Leases 513,000-SF Warehouse Outside of Phoenix
Aug. 22, 2008
In an effort to accommodate increasing demand, Amazon.com recently leased a 513,000-square-foot warehouse in Goodyear, Ariz., from Duke Realty.
Four Seasons Walton Street Refinances Four Seasons Hotel
Aug. 22, 2008
Walton Street Capital L.L.C. has refinanced its Four Seasons Resort Scottsdale, in the Phoenix metro area, for $75 million. The funding was provided by HSBC and secured by Jones Lang LaSalle’s capital markets group.
Phoenix Office Property Fetches $9.5M
Aug. 15, 2008
Ownership of Camelwest Plaza at 1951 and 2001 W. Camelback Rd. in Phoenix has changed hands in a deal valued at $9.5 million.
Phoenix Apartment Property Fetches $10M
Aug. 08, 2008
Ownership of Brookside, a 203-unit multi-family property in Phoenix, has just come under new ownership courtesy of a transaction valued at $10.3 million.
Suburban Phoenix Mixed-Use Project Nets $65M Financing
July 31, 2008
With construction starting earlier this year on Park Place, a mixed-use development in the Phoenix suburb of Chandler, Ariz., developer Cybert Hall Partners has gained $65.2 million in financing for the project. Buchanan Street Partners negotiated the financing package on behalf of Cybert Hall.
Arizona Biltmore to Get $300M Facelift
July 31, 2008
The Arizona Biltmore Resort & Spa is set to undergo a $300 million renovation. Initial plans for the renovation call for the addition of 300 guest rooms, a spa and expanded restaurant facilities. The resort's owners are hoping that the city of Phoenix will approve their zoning request, which was filed on July 9.
Avent Building FORT Takes New Suburban Phoenix BTS
July 28, 2008
Despite a local office market pushing 19 percent vacancy, the newly-constructed Avnet Building in the Phoenix suburb of Chandler was sold to FORT Properties Inc. for $35.2 million.
Kennedy Funding Closes Loan to National Retail Development Partners for Arizona Mixed-Use
July 22, 2008
Kennedy Funding Inc. closed a $11 million loan to National Retail Development Partners for site development and construction of a mixed-use office and retail complex in Scottsdale, Ariz.
Opus West Signs 5 New Tenants at Pima Center in Scottsdale
July 22, 2008
Opus West Corp. has announced five new office tenants at the 1-million-square-foot Pima Center, an office campus  located at the Loop 101 freeway at Via de Ventura in Scottsdale, Ariz.
JV Acquires Hyatt Regency Phoenix for $96M
July 18, 2008
PCCP L.L.C. in joint venture with DiNapoli Capital Partners has purchased the Hyatt Regency Phoenix in downtown Phoenix, Ariz. for approximately $96 million from Strategic Hotels and Resorts Inc.
Boardwalk at Andersen Springs in Chandler Sold for $20M
July 15, 2008
CB Richard Ellis has negotiated the sale of The Boardwalk at Andersen Springs, a 92,231-square-foot retail center located at 1949-1989 W. Ray Road in Chandler, Ariz.
330,000SF Outlet Mall Planned for Phoenix Area
July 10, 2008
Tanger Factory Outlet Centers Inc. has just revealed that it will develop an upscale outlet shopping center in suburban Phoenix.
Lincoln Property Buys Buckeye 75 Distribution Park in Phoenix
July 08, 2008
Lincoln Property Co. has acquired Buckeye 75 Distribution Park, a multi-tenant 458,936-square-foot Class A property, in Phoenix, Ariz.
Starwood Land Ventures Adds West Region President to Oversee Expansion
July 01, 2008
Starwood Land Ventures L.L.C. continues to expand its nationwide presence with the addition of West region president, Michael Forsum.
CBRE Buys Outstanding Shares in Tucson JV Company
July 01, 2008
CB Richard Ellis Group Inc. has acquired the 50 percent outstanding shares of its joint-venture company in Tucson, Ariz.
 

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