City: Phoenix

Business Real Estate Weekly of Arizona HCW of Branson, Mo., is buying a 9.2-acre parcel near Union Hills Drive in Phoenix for a proposed 257-unit apartment complex. AML Land of Henderson, Nev., is selling the development site for $2.8 million. ...

Phoenix Business Journal Tanger Outlet Center Westgate in Glendale, Ariz., is set to open this fall. The 328,000-square-foot outlet mall, near Loop 101 and Glendale Avenue, will hold 85 stores. Tanger Factory Outlets Inc., a Greensboro, N.C., REIT, is developing ...

Business Real Estate Weekly of Arizona Alliance Commercial Partners of Lakewood, Colo., has paid $10.1 million in cash, or about $137/sf, for the 73,729 square-foot industrial building at 3601 East University Drive in Phoenix. The seller was an affiliate of ...

Commercial Real Estate Direct Staff Report The $85.2 million CMBS loan against Two Renaissance Square, a 470,464-square-foot office building in Phoenix, has been transferred to special servicing as its maturity date nears. The loan, securitized through Bear Stearns Commercial Mortgage ...

Business Real Estate Weekly of Arizona An affiliate of Pillar Communities has paid $45.1 million, or about $146,428/unit, for the 308-unit San Portella apartments in Tempe, Ariz. A venture between an affiliate of Mark-Taylor Residential and Principal Life Insurance Co. ...

Business Real Estate Weekly of Arizona The $28.7 million loan on the Park Central mixed-use development in Phoenix is in default and scheduled to be sold at an April 19 auction. The loan is securitized through LB-UBS Commercial Mortgage Trust, ...

Phoenix Business Journal Ryan Cos. has completed a 210,202-square-foot office building at 21711 North Seventh St. in Phoenix that will be home to the Federal Bureau of Investigation for the next 20 years. Ryan will retain ownership of the building, ...

Business Real Estate Weekly of Arizona Onni Vista Valley of Vancouver, British Columbia, paid $24.5 million, or about $68,627/unit, for the 357-unit Camden Vista Valley apartments in Mesa, Ariz. An affiliate of Camden Property Trust of Houston sold the property ...

Phoenix Business Journal Westwood Financial Corp. of Los Angeles has paid $13 million, or about $128/sf, for the 101,361-square-foot North Park Plaza center in Phoenix. Aegon USA Realty Advisors sold the property, at 530 West Osborn Road, which is 98 ...

Carlyle Development Group of New York has paid $12.2 million, or about $23/sf, for the Metrocenter Mall in Phoenix, according to the Phoenix Business Journal. The retail property had been valued at $175 million in 2004. The 525,000-square-foot non-anchor portion ...