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City: Mesa

Phoenix-Area Retail Property Sells for $85Mln

by Dan Moynihan

February 18, 2026 in General News

Commercial Real Estate Direct Staff Report An affiliate of Irgang Group has paid $85 million, or $310.25/sf, for the 273,973-square-foot Gilbert Gateway Towne Center retail property in the Phoenix suburb of Mesa, Ariz. The New York investment firm acquired the ...

Tailwinds at Gateway

by Dan Moynihan

December 3, 2025 in

The company, a venture partner of Blackstone Real Estate Advisors, acquired the property from a locally based limited liability company. Bank of America provided a $31 million loan to facilitate the purchase. JLL Capital Markets secured the financing. Tailwinds at ...

Coral Point Apartments

by Dan Moynihan

December 3, 2025 in

InTrust Property Group has paid $59.6 million, or $158,090/unit, for the 377-unit Coral Point Apartments in Mesa, Ariz. The Newport Beach, Calif., investor acquired the property, at 2343 West Main St., from an affiliate of Sheiner Group of Westmount, Quebec. ...

Work Starts on 222-Unit Apartment Property in Mesa, Ariz.

by Dan Moynihan

November 26, 2025 in West

AZ Big Media Evergreen Devco Inc. has broken ground on Homestead at Lehi, a 222-unit apartment property in Mesa, Ariz. The area developer is building the property at 2261 East McDowell Road, about 20 miles east of Phoenix. Homestead at ...

Mesa, Ariz., Industrial Property Sells for $51.5Mln, Gets $31Mln Mortgage

by Dan Moynihan

November 13, 2025 in General News

Commercial Real Estate Direct Staff Report McCarthy Cook & Co. has paid $51.5 million, or $298.99/sf, for Tailwinds at Gateway, a 172,244-square-foot industrial property in Mesa, Ariz., about 34 miles southeast of Phoenix. The company, a venture partner of Blackstone ...

Bower Gateway

by Dan Moynihan

September 18, 2025 in

Tricon Residential was the buyer, while a venture of Arcadia Capital Group of Scottsdale, Ariz., and Platform Ventures of Kansas City, Mo., was the seller.

Annex at Cadence apartment property

by Dan Moynihan

September 10, 2025 in

Goodman Real Estate Inc. has paid $49 million, or $362,962/unit, for the 135-unit Annex at Cadence apartment property in the Phoenix suburb of Mesa, Ariz. The Seattle investment manager purchased the property, at 9411 East Cadence Parkway, from an affiliate ...

Phoenix-Area Apartment Property Sells for $49Mln

by Dan Moynihan

August 25, 2025 in General News

Commercial Real Estate Direct Staff Report Goodman Real Estate Inc. has paid $49 million, or $362,962/unit, for the 135-unit Annex at Cadence apartment property in the Phoenix suburb of Mesa, Ariz. The Seattle investment manager purchased the property, at 9411 ...

8341 East Pecos Road

by Dan Moynihan

June 23, 2025 in

Libitzky Property Cos. has paid $29.4 million, or $208.34/sf, for a 141,117-square-foot industrial building within the Phelan Pecos Center in Mesa, Ariz. The Emeryville, Calif., company purchased it from Phelan Development of Newport Beach, Calif., which was represented by Cushman ...

EdgeCore to Expand Data Center Campus in Mesa, Ariz.

by Dan Moynihan

May 22, 2025 in West

Commercial Property Executive EdgeCore Digital Infrastructure is planning a 1.4 million-square-foot expansion of its data center campus at 3856 South Everton Terrace in Mesa, Ariz. The Denver-based company recently acquired a 44-acre site for the project, about 32 miles east ...

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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.