All Big Deals Articles

• Rectangle Investment Management expands Phoenix footprint with industrial buy - Read Article

  Rectangle Investment Management expands Phoenix footprint with industrial buy

  2024-09-10T10:15:57-07:00

  Denver-based Rectangle Investment Management, the investment management affiliate of Comunale Properties, has acquired the industrial building at 20 S. 69th Ave. in Phoenix. The property adds to the company’s existing metro Phoenix…

  
• How Creation is transforming a long-vacant parcel in Maryvale - Read Article

  How Creation is transforming a long-vacant parcel in Maryvale

  2024-09-10T10:05:00-07:00

  Industrial development remains strong in the Valley, with CBRE reporting that 45 buildings totaling 9.1 million square feet were delivered in Q2 2024, with nearly 25% of that space being…

  
• Stevens-Leinweber delivers Empire 101 industrial infill project - Read Article

  Stevens-Leinweber delivers Empire 101 industrial infill project

  2024-09-09T08:40:00-07:00

  On behalf of KBC Advisors Arizona, Phoenix-based Stevens-Leinweber Construction (SLC) has delivered Empire 101, a brand new Class A industrial building offering Loop 101 freeway frontage, just 12 minutes from the growing Taiwan…

  
• 25 of the biggest recent commercial real estate deals in Arizona - Read Article

  25 of the biggest recent commercial real estate deals in Arizona

  2024-09-07T07:00:00-07:00

  Here are the biggest commercial real estate deals in Arizona from June 14, 2024, through Aug. 12, 2024, according to data collected by the commercial real estate tracking website Vizzda…

  
• Casas Adobes Plaza in Tucson sells for $51 million - Read Article

  Casas Adobes Plaza in Tucson sells for $51 million

  2024-09-06T10:15:00-07:00

  JLL Capital Markets announced today that it has arranged the $51 million sale and acquisition financing of Casas Adobes Plaza, a Whole Foods-anchored shopping center in Tucson, Arizona. MORE NEWS: Metro Phoenix…

  
• Here’s how Phoenix ranks among cities for office vacancy rates - Read Article

  Here’s how Phoenix ranks among cities for office vacancy rates

  2024-09-02T05:15:00-07:00

  As the office rental market evolves, Phoenix has experienced a notable increase in office vacancy rates. With remote and hybrid work becoming more common, companies are adopting flexible work-from-home models,…

  
• 206 acres of land in Avondale sells for $247 million - Read Article

  206 acres of land in Avondale sells for $247 million

  2024-08-30T09:35:36-07:00

  In one of the biggest commercial real estate deals of the year, QTS Data Centers acquired 206.08 acres of land in Avondale for $246,866,895, according to Vizzda. The sellers were Terry…

  
• Phoenix ranks No. 6 among U.S. markets for large industrial leases in 2024 - Read Article

  Phoenix ranks No. 6 among U.S. markets for large industrial leases in 2024

  2024-08-30T09:35:00-07:00

  Phoenix ranks sixth nationally among the markets with the largest share of the top 100 industrial leases in the first half of 2024, according to a new report from CBRE. MORE…

  
• Phoenix No. 1 in U.S. for largest industrial stock under development - Read Article

  Phoenix No. 1 in U.S. for largest industrial stock under development

  2024-08-30T09:00:00-07:00

  CommercialSearch just released the latest mid-year industrial development report. With 39.1 million square feet currently underway, Phoenix topped the list as the market with the most industrial space currently being built. The…

  
• Green Bay Packaging buys 80 acres of land in Casa Grande - Read Article

  Green Bay Packaging buys 80 acres of land in Casa Grande

  2024-08-30T09:00:00-07:00

  Green Bay Packaging (GBP) announced the completion of its land acquisition in in Casa Grande near Phoenix, Arizona. The approximately 80-acre parcel purchased by GBP is located at the NEC/SEC…

  
• Libitzky Property Companies buys Parc Germann in Chandler - Read Article

  Libitzky Property Companies buys Parc Germann in Chandler

  2024-08-27T06:45:50-07:00

  Cushman & Wakefield announced the firm has advised the sale of Parc Germann, a recently constructed industrial project in Chandler, Arizona. The asset comprises two state-of-the-art Class A industrial buildings,…

  
• Large office move-outs overshadow strong leasing in Phoenix - Read Article

  Large office move-outs overshadow strong leasing in Phoenix

  2024-08-27T06:15:00-07:00

  Large move outs in the Greater Phoenix office market overshadowed strong leasing activity during second quarter 2024, according to a report from Colliers.  These move outs and expiring sublease space…