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Phoenix


Kimco, TriGate Capital Buy Retail Assets

Kimco, TriGate Capital Buy Retail Assets

By Alex Girda, Associate Editor Making its initial foray into the Phoenix metropolitan market, TriGate Capital has recently completed the $26.8 million acquisition of a six-property retail portfolio, a Cassidy Turley BRE Commercial press statement shows. Ranging in size from 40,000 [...]…

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Whitestone REIT Pays $29M for Scottscale Retail Center

Whitestone REIT Pays $29M for Scottscale Retail Center

By Alex Girda, Associate Editor In a $28.8 million deal, Westwood Financial Corp. has sold a 113,000-square-foot community center in Scottsdale to Houston-based Whitestone REIT, the Phoenix Business Journal reported. For Whitestone, the deal marked the REIT’s seventh acquisition in the [...]…

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Mayo Clinic Breaks Ground on $183M Cancer Treatment Center

Mayo Clinic Breaks Ground on $183M Cancer Treatment Center

By Alex Girda, Associate Editor The Mayo Clinic has broken ground on a $183 million cutting-edge cancer treatment center in Northeast Phoenix, the Arizona Republic reports. The facility is one of a pair planned by the medical institution, along with a [...]…

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Dick’s Picks Goodyear for $40M Distribution Center

Dick’s Picks Goodyear for $40M Distribution Center

By Alex Girda, Associate Editor Dick’s Sporting Goods is set to kick off construction this month on a $40 million distribution center in the Phoenix suburb of Goodyear. The giant retailer is building a 600,000 square-foot warehouse at the PV303 business park. [...]…

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Summit Condos Trade Up; City Looks to End CityNorth Development Contract

Summit Condos Trade Up; City Looks to End CityNorth Development Contract

By Alex Girda, Associate Editor Summit at Copper Square recently moved 74 of its unsold condos. The units traded for the average amount of $171,000 after initially being listed between $300,000 and $1.2 million. The per-unit amount brings the transaction total [...]…

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Tempe Landmark Will Be Given A New Life After 14 Years of Disuse

Tempe Landmark Will Be Given A New Life After 14 Years of Disuse

By Alex Girda, Associate Editor One of Tempe’s most troubled landmarks is getting a much-needed makeover after 14 years of abandon. The Hayden Flour Mill is one of the area’s iconic images and it is finally going to capitalize on the [...]…

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Massive Office Campus Set to Arrive; Westgate Finds New Management

Massive Office Campus Set to Arrive; Westgate Finds New Management

By Alex Girda, Associate Editor An 844,000 square-foot office park is coming to Phoenix on a 24-acre site located at the corner of Chandler Boulevard and Loop 101. The massive development, tentatively dubbed Chandler 101 is the work of architecture firm [...]…

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University Athletic Facilities District Created; Multifamily Market Very Much Alive

University Athletic Facilities District Created; Multifamily Market Very Much Alive

By Alex Girda, Associate Editor Phoenix is well underway to become one of the most sport-centric cities in the U.S. Maricopa County recently voted in favor of creating a special revenue district that will aid Arizona State in the development of [...]…

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Construction Jobs on the Rise; Anchor Centre Stuck in Redevelopment Purgatory

Construction Jobs on the Rise; Anchor Centre Stuck in Redevelopment Purgatory

By Alex Girda, Associate Editor Not long ago the U.S. Census Bureau revealed that Phoenix is one of the cities that has been building a fair amount of houses over the past decade. So it’s not surprising that the Associated General [...]…

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A New Office Project Is Up for Grabs; CityScape Ramping up Activity

A New Office Project Is Up for Grabs; CityScape Ramping up Activity

By Alex Girda, Associate Editor An 18-story building looks to be the focus of Phoenix’s next major purchase as Colliers International reportedly obtained San Francisco-based GE Capital Real Estate’s new listing. The One11 Tower, situated at the southwest corner of First [...]…

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Arizona’s Housing Problem is Not its Lack of Supply

Arizona’s Housing Problem is Not its Lack of Supply

By Alex Girda, Associate Editor Data from the U.S. Census Bureau has revealed a promising statistic for the local housing market. The numbers are concerned with the amount of housing each state currently has and how it has developed during the [...]…

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ASU’s Newest Facility is on its Way

ASU’s Newest Facility is on its Way

By Alex Girda, Associate Editor Arizona State University is closer to unveiling one of its newest real estate investment, McCord Hall, according to the Phoenix Business Journal. The W.P. Carey School of Business is set to be the beneficiary of one [...]…

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