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Grand Canyon U. Picks DMB Site in Mesa for New Campus

Grand Canyon U. Picks DMB Site in Mesa for New Campus

Grand Canyon University will locate its second East Valley campus at Eastmark, a 3,200-acre master-planned community being developed by DMB Associates in Mesa. GCU will purchase 100 acres, with an option to buy 60 additional acres.…

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Allred Starts Office Building No. 6 at Chandler Mixed-Use Development

Allred Starts Office Building No. 6 at Chandler Mixed-Use Development

Douglas Allred Co. has broken ground on the sixth speculative office building at Allred Park Place, its master-planned mixed-use development in Chandler.…

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Nationwide Readies Fall Kickoff for 230-Acre Mixed-Use Project in Gilbert

Nationwide Readies Fall Kickoff for 230-Acre Mixed-Use Project in Gilbert

Nationwide Realty Investors Ltd. plans to kick off construction this fall of one of the biggest mixed-use projects in the Gilbert area, a 230-acre development at Gilbert Rd. and the Loop 202 freeway.…

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Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M

Alliance Residential Grabs High-End Chandler M-F Asset for $37.5M

In a $37.5 million deal, Phoenix-based Alliance Residential Co. has acquired Villa Pallavicini, a 290-unit high-end rental apartment community located about two miles north of Chandler's Price Corridor. The sales price equates to $129,310 per unit.…

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OnTrac Moves HQ to Chandler; Whitestone REIT Grabs Phoenix Community Center for $23M

OnTrac Moves HQ to Chandler; Whitestone REIT Grabs Phoenix Community Center for $23M

OnTrac, the leader in regional overnight package delivery service in the eight Western States, plans to move its corporate headquarters to Chandler to accommodate the company’s growth demand.…

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Terminix Inks Westgate’s Biggest Office Lease; Griffin Pays $54.5M for Deer Valley Office Complex

Terminix Inks Westgate’s Biggest Office Lease; Griffin Pays $54.5M for Deer Valley Office Complex

Terminix plans to expand its operations to Arizona and open a new customer care center at Westgate Entertainment District in Glendale.…

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IIT Acquisitions Buys Southwest Phoenix Industrial Buildings for $44M

IIT Acquisitions Buys Southwest Phoenix Industrial Buildings for $44M

In a $44.3 million deal, IIT Acquisitions LLC has purchased Buckeye Logistics Center, a two-building, 684,064 square-foot industrial project in the Valley, from Principal Real Estate Investors.…

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Hanover to Develop Upscale M-F Project in Tempe; Griffin Pays $32M for Chandler Flex Building

Hanover to Develop Upscale M-F Project in Tempe; Griffin Pays $32M for Chandler Flex Building

Houston-based The Hanover Company has completed the acquisition of a 2.76-acre parcel within the 22-acre Centerpoint on Mill complex, with plans to bring high-end housing to the heart of downtown Tempe.…

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JDM Partners Buys State Farm’s Tempe Operations Center for $73M

JDM Partners Buys State Farm’s Tempe Operations Center for $73M

In a $73 million deal, an affiliate of Phoenix-based JDM Partners L.L.C. has acquired State Farm Mutual Automobile Insurance Co.’s operations center in Tempe.…

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Ryan Cos., Sunbelt Holdings Team for $600M Tempe Project; DMB Opens Mesa Master-Planned Community

Ryan Cos., Sunbelt Holdings Team for $600M Tempe Project; DMB Opens Mesa Master-Planned Community

Ryan Companies US, Inc., and Sunbelt Holdings have joined forces for what would be the biggest office development deal in Arizona history. The team is eyeing a $600 million transit-oriented project adjacent to Tempe Town Lake in Tempe.…

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DPR’s Phoenix Office Wins Landmark Certifications; IIT Pays $77M for Mesa Complex

DPR’s Phoenix Office Wins Landmark Certifications; IIT Pays $77M for Mesa Complex

In a milestone for sustainability and adaptive reuse, an office building developed by DPR Construction has earned recognition as the largest net-zero energy building certified to date by the International Future Living Institute.…

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PrivatePortfolio Group Pays $68M for Scottsdale M-F Complex; $40M Student Housing Project Nears Completion in Tempe

PrivatePortfolio Group Pays $68M for Scottsdale M-F Complex; $40M Student Housing Project Nears Completion in Tempe

In a $68.3 million deal, PrivatePortfolio Group LLC of Seattle has acquired Crown Court Apartments, a 416-unit multi-family property in Scottsdale. Tyler Anderson, Sean Cunningham and Asher Gunter of CBRE Group Inc.’s Phoenix office represented the seller and structured the transaction. The property was 95 percent occupied at the time of…

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