City: Phoenix

Phoenix Business Journal DHL Group has agreed to pre-lease VT 303 North, a 1.14 million-square-foot industrial property that's under construction in Glendale, Ariz. The logistics company will take the space when it's completed in the fourth quarter. The property is ...

Varia US Properties AG, a Swiss company that owns U.S. apartment properties, has agreed to sell a stake in 13 of its apartment properties, with 4,112 units, to Brookfield Asset Management. It's selling a 90% stake in four properties with ...

Phoenix Business Journal LaPour is planning to convert the 351,600-square-foot Arizona Center office building in downtown Phoenix into a 340-room JW Marriott hotel. The 19-story building at 400 East Van Buren St. is less than a block from the Phoenix ...

Commercial Real Estate Direct Staff Report An affiliate of Greystar has paid $58 million, or $210,909/unit, for the 275-unit Parc Roundtree Ranch apartment property in the Phoenix suburb of Peoria, Ariz. The Charleston, S.C., investment manager acquired the property, at ...

A fund managed by Morgan Stanley Real Estate Investing has paid $79.35 million, or $286.39/sf, for two industrial properties with 277,073 square feet in the Phoenix area. The two are the 196,764-sf AMPlify Chandler at 6505 West Chandler Blvd. in ...

Commercial Property Executive CapRock Partners has paid $37.5 million, or $153.16/sf, for Summit at Surprise, a 244,847-square-foot industrial property in Surprise, Ariz., about 21 miles northwest of Phoenix. The Newport Beach, Calif., private equity firm acquired the property from Velocis ...