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• HonorHealth Leases 50k sf at Chandler, AZ Medical Office Conversion Property
7/03/25
HonorHealth inked a lease for 50k sf of space at Chandler Integrated Care Campus, a Class A medical office conversion project underway by ViaWest Group at 2700 W. Frye Rd in Chandler, AZ.
HonorHealth will use the space as a...
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• Crow Holdings Recapitalizes 6 msf Industrial Portfolio
7/03/25
Crow Holdings has recapitalized a 6 msf industrial portfolio with Core+ funds affiliated with Blackstone Real Estate. Blackstone acquired a 95% stake in the portfolio, which includes 25 Class A buildings located in Dallas, Ho...
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• Denali Apartments Spends $35 Mil on AZ Res Asset
7/02/25
Denali Apartments LLC has acquired Seventh, a 286-unit apartment community in North Central Phoenix, in a $34.75 mil ($121.5k/unit) transaction. The property had been owned and operated by the seller since 2021, during which ...
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• Bell Partners Buys 400-Unit Colorado Res Community
7/01/25
Bell Partners has acquired Montane Apartments, a 400-unit apartment community located in Parker, CO. The property was acquired on behalf of the Company’s Bell Value Add Fund VIII and will be renamed Bell Parker Ranch.
Comple...
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• Dean & Draper Insurance Leases 26k sf Houston Office Space
7/01/25
Dean & Draper Insurance inked a long-term lease for 25.8k sf of office space in Houston. The space is located at 1177 West Loop South, an 18-story, Class A office building known as Eleven77.
Dean & Draper Insurance is reloca...
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• Furniture Chain Spends $7.6 Mil on Retail/Warehouse Facility
6/30/25
A renovated, 54.6k sf retail and warehouse facility in San Juan, TX was purchased by Bob Mills Furniture in a $7.6 mil ($139/sf) deal. The transaction marks the furniture retailer’s first location in the Rio Grande Valley and...
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• Kennedy Wilson Entity Picks Up Two Multifamily Communities in $166 Mil Worth of Deals
6/30/25
A real estate fund managed by Kennedy Wilson has acquired two institutional-quality, west coast multifamily communities in separate transactions totaling $166 mil, excluding closing costs. The purchases were of Tides on Comme...
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• Cohen Asset Management Entity Spends $36 Mil on AZ Industrial Asset
6/30/25
Desert Cove Industrial Center, a newly constructed, 168k sf Class A industrial property in Surprise, AZ was acquired by an affiliate of Cohen Asset Management Inc for $36.28 mil ($216/sf). The property is located at 11301 Nor...
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• TerraLane Communities Picks Up 22 Acres for AZ Res Rental Development
6/26/25
TerraLane Communities has acquired 22 acres in Queen Creek, AZ for the development of TerraLane at Hudson Station. The new rental community will include 218 homes featuring single-level and two-story townhomes, along with a c...
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• Kennedy Wilson Buys 356-Unit Multifamily Community in Arizona
6/25/25
Kennedy Wilson has acquired Finisterra, a 356-unit, two-story multifamily community located in Tempe, AZ. The price was not immediately disclosed.
Located at 1250 West Grove Pkwy, Finisterra was built in 1997. It features tw...
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• Construction is Underway on Second Phase of The Oddie District in Reno/Sparks
6/24/25
Phase II construction is now underway at The Oddie District, a 175k sf redevelopment project in the Reno-Sparks metro area that will transform a vacant former Lowe's Home Improvement center into a multi-faceted business innov...
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• Office to Residential Conversion Trend Continues in Phoenix
6/24/25
Here is a quick take on the office to residential conversion trend in Phoenix. This overview was provided by real estate services firm Avison Young.
• As Phoenix’s office vacancy rate climbed from 14.8% in Q1 2020 to nearly ...
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• Formation Interests Leads Joint Venture Transforming Existing Phoenix Biz Park into a Creative Office Campus
6/23/25
Formation Interests plans to transform an existing seven-building, 338k sf office campus situated along the I-17 Corridor in north central Phoenix into FORMATION PARK 17, an innovative, 428k sf business park. The Class AA cam...
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• Parallel and Kayne Anderson Real Estate Start Work on 500-Bed Housing Project for Texas A&M University
6/23/25
Parallel and Kayne Anderson Real Estate have begun construction on a 500-unit, high-rise student housing project in College Station, TX. The project is being financed with a construction loan provided by BMO Bank N.A.
The de...
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• Work Progressing on Lincoln Property Company and Harvard Investments’ 565-Acre Goodyear AirPark
6/20/25
Lincoln Property Company and Scottsdale-based Harvard Investments have completed work on Goodyear AirPark Phase I, a 1.6 msf, six-building Class A industrial project designed to meet Phoenix’s evolving demand for mid- to larg...
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• Portfolio of Manufactured Housing Communities Refinanced with New Loan for $28 Mil
6/20/25
A portfolio of five manufactured housing communities located in Arizona, California and Iowa have been refinanced with a new permanent loan for $28.25 mil. The fully stabilized assets offer a total of 687 pads across properti...
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• TruAmerica Multifamily Picks Up 280-Unit Asset in San Antonio
6/20/25
TruAmerica Multifamily has acquired Dominion Park Apartments, a 280-unit, garden-style community located in the rapidly growing Northwest submarket of San Antonio. This marks TruAmerica’s second investment in the San Antonio ...
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• Iowa City Distribution Center Lands $20 Mil Refi Loan
6/19/25
A 346k sf renovated warehouse facility in Iowa City, IA was refinanced with a new loan of $20 mil. The distribution center, located at 2500 Heinz Rd, is 100% leased to Amazon for use as a regional delivery station serving the...
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• Legacy Partners and DWS Start Work on AZ Res Development
6/19/25
Legacy Partners and joint venture partner DWS have started construction on Olea Scottsdale, a 433-residence apartment community in Scottsdale, AZ. The project is located north of Loop 101 and east of Scottsdale Rd, at the nor...
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• Medical Outpatient Building Acquired for $44.6 Mil by a Local Investment Firm
6/19/25
Scottsdale Centre, a 163.3k sf medical outpatient building in Scottsdale, was acquired by an AZ-based CRE investment firm in a $44.58 mil ($273/sf) deal. The buyer purchased the property as the upleg in a 1031 exchange.
The ...
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