State: Arizona - AZ

Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman & ...

Commercial Real Estate Direct Staff Report An affiliate of MetLife Investment Management has paid $45.85 million, or $327,500/unit, for Grandstone at Sunrise, a 140-unit apartment property in Peoria, Ariz., a northern suburb of Phoenix. The Los Angeles investment manager acquired ...

Phoenix Business Journal Amazon Web Services has agreed to lease a 1.2 million-square-foot industrial property at 24105 West Southern Ave. in Buckeye, Ariz., a western suburb of Phoenix. The cloud computing platform was represented by CBRE, while Cushman & Wakefield ...

AZ Big Media A venture of IndiCap and VAC Development has broken ground on Chandler Bay, a 110,481-square-foot industrial property in Chandler, Ariz. IndiCap and Vac, both of Las Vegas, are building the property at 1820 East Germann Road, about ...

Commercial Real Estate Direct Staff Report Levine Investments has paid $61.5 million, or $207.31/sf, for Rio West Business Park, a five-building office property with 296,663 square feet in Tempe, Ariz. The Phoenix investment firm acquired it from Oaktree Capital Management, ...

AZ Big Media Creation Equity has paid $18.05 million for a 38-acre development site at the northeast corner of Corporate Drive and 117th Avenue in Avondale, Ariz. The Phoenix developer is planning to build a 699,700-square-foot industrial property on the ...

AZ Big Media SkyPlus Hotel Corp. has broken ground on Wingate by Wyndham and Hawthorn Suites by Wyndham, a dual-branded hotel with 129 rooms in Mesa, Ariz. The local developer is building the project at 6639 South Sossaman Road, about ...