All Big Deals Articles

• JW Marriott Desert Ridge Resort & Spa sold for $865 million - Read Article

  JW Marriott Desert Ridge Resort & Spa sold for $865 million

  2025-06-20T08:15:32-07:00

  Trinity Investments, a U.S.-based hospitality-focused real estate investor, announced the sale of the JW Marriott Phoenix Desert Ridge Resort & Spa, a 950-room hotel and the largest resort in Phoenix,…

  
• New retail center in Carefree receives unanimous approval - Read Article

  New retail center in Carefree receives unanimous approval

  2025-06-20T07:45:50-07:00

  A highly anticipated neighborhood retail center planned for the northeast corner of Cave Creek Road and Carefree Highway in the Town of Carefree has reached a major milestone, receiving unanimous…

  
• Office conversions and demolitions now exceed new office construction - Read Article

  Office conversions and demolitions now exceed new office construction

  2025-06-20T07:15:00-07:00

  More office space will be removed from the U.S. market trough conversions and demolitions this year than added to it for the first time since at least 2018 and likely…

  
• Sarival Logistics Center in Litchfield Park sells for $128.2 million - Read Article

  Sarival Logistics Center in Litchfield Park sells for $128.2 million

  2025-06-19T11:25:31-07:00

  Cushman & Wakefield announced the firm has advised the sale of the 100% leased Sarival Logistics Center industrial project in Litchfield Park (Glendale), Arizona. Totaling 1,156,860 square feet (SF), the…

  
• Phoenix named No. 1 industrial market in first quarter of 2025 - Read Article

  Phoenix named No. 1 industrial market in first quarter of 2025

  2025-06-16T13:10:00-07:00

  In the first quarter of the year, construction activity remained low due to ongoing oversupply, while rents increased in 29 of the 30 major markets we analyzed. The industrial real…

  
• CBRE sells Downtown Phoenix multifamily portfolio for $90 million - Read Article

  CBRE sells Downtown Phoenix multifamily portfolio for $90 million

  2025-06-11T10:50:30-07:00

  CBRE negotiated the sale of a three-property multifamily portfolio in Downtown Phoenix, totaling 323 units. The portfolio includes Linear (104 units), iLuminate (111 units) and The McKinley (108 units), three boutique,…

  
• Formation Park 17 will be first transit-oriented business park in Phoenix - Read Article

  Formation Park 17 will be first transit-oriented business park in Phoenix

  2025-06-11T10:25:00-07:00

  Formation Interests (FORMATION) has finalized the acquisition of Metro Corporate Center, an office complex on 23 acres along the I-17 Corridor in north central Phoenix. FORMATION, in partnership with Crow…

  
• Avnet buys former GoDaddy corporate headquarters in Tempe - Read Article

  Avnet buys former GoDaddy corporate headquarters in Tempe

  2025-06-10T11:15:54-07:00

  Transwestern Real Estate Services (TRS) announced that it represented ElmTree Funds, LLC in the sale of 2155 East GoDaddy Way in Tempe, Arizona, to Avnet, Inc., a leading global technology distributor…

  
• Here are the 10 biggest commercial real estate deals from May - Read Article

  Here are the 10 biggest commercial real estate deals from May

  2025-06-09T06:10:00-07:00

  The sale of a luxury multifamily community in Chandler led the 10 biggest commercial real estate deals in May. Here are the 10 biggest deals in Metro Phoenix commercial real…

  
• Ranking Arizona: Top 10 industrial brokerage firms for 2025 - Read Article

  Ranking Arizona: Top 10 industrial brokerage firms for 2025

  2025-06-04T07:10:00-07:00

  Here are the Top 10 industrial brokerage firms in Arizona, based on public voting for the 2025 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona…

  
• Bond office redevelopment completed in Camelback Corridor - Read Article

  Bond office redevelopment completed in Camelback Corridor

  2025-05-30T08:30:05-07:00

  On May 21, Phoenix-based developer George Oliver announced the completion of its Bond office redevelopment in the heart of the Camelback Corridor, delivering a market-leading amenity package in what the company considers…

  
• EdgeCore expands Mesa data center campus to over 450 MW - Read Article

  EdgeCore expands Mesa data center campus to over 450 MW

  2025-05-27T08:25:00-07:00

  EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, announced the acquisition of an additional 43.87 acres of land in Mesa, Arizona and expanded data center capacity designed to deliver…