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Olympus Buys Again, Acquires in PHX
By Amy Wolff Sorter
PHOENIX-With its first area buy, the investment company snags the 316-unit Crossroads Apartments from AIMCO for just under $10 million. ... Full Story
192,000 SF Signed in CBD Office
By Amy Wolff Sorter
PHOENIX-A lease renewal totaling 187,748 sf joins two new leases totaling more than 4,000 square feet at One Arizona Center. ... Full Story
$24M Gains West Living Entrance
By Amy Wolff Sorter
SCOTTSDALE, AZ-The SoCal buyer acquires the 197-unit McDowell Village from Opus/RED Group in its first area deal and wants more. ... Full Story
U of Phoenix Returns to Tempe One
By Amy Wolff Sorter
TEMPE, AZ-The institution leases 111,349 square feet of back office space less than two years after leaving the building. ... Full Story
San Melia Trades Off Market for $48M
By Amy Wolff Sorter
PHOENIX-TIAA-CREF sells the 448-unit complex to Investment Property Associates, representing the final sale from a two-asset portfolio. ... Full Story
Axxiom Takes Over Sperry Operations
By Amy Wolff Sorter
PHOENIX-Axxiom Partners, led by Neil Sherman, is merging teams with Sperry Van Ness to help bolster the latter's operations and personnel. ... Full Story
Colliers Expands MF Effort With Hires
By Amy Wolff Sorter
PHOENIX-Bill Hahn, formerly with Sperry Van Ness, brings his team on board to help the company bolster its multifamily services. ... Full Story
Chang’s to Ramp Up Pei Wei Growth
By Debra Hazel
SCOTTSDALE, AZ-Expansion of the smaller, fast-casual concept will accelerate in 2011 in existing markets and Chicago, a new area for the chain. ... Full Story
Double-Digit Vacancies Continue in Q3
By Amy Wolff Sorter
PHOENIX-The industrial market keeps taking its lumps with vacancy between 15% and 17% up from around 11% to 12% same time last year. ... Full Story
EBS & Associates Acquired
By Amy Wolff Sorter
SCOTTSDALE, AZ-The investment brokerage firm has been bought by Commercial Properties Inc./CORFAC, which is headquartered in Tempe, AZ. ... Full Story
Cambria Enters Area with 137 Rooms
By Amy Wolff Sorter
CHANDLER, AZ-HP Properties and Suenos Hospitality have targeted other sites throughout the Valley for expansion of the Cambria brand ... Full Story
Experts Say Bottom Has Been Reached
By Amy Wolff Sorter
PHOENIX-Q3 office statistics deliver more dismal news with vacancies between 22% and 24% and more space under construction, there's no where to go but up. ... Full Story
Two Retailers Expand in Phoenix
By Amy Wolff Sorter
PHOENIX-The Dump takes 104,000 square feet once belonging to Costco, and Mattress Firm plans to open six to eight stores within the next 18 months. ... Full Story
Report to Solar: Consider AZ
By Amy Wolff Sorter
PHOENIX-Collier International's 'Solar Energy Network-Partners for Change' discusses the future of solar power in the Grand Canyon State. ... Full Story
Macerich Teams With Heitman on Two Assets
By Amy Wolff Sorter
CHANDLER, AZ-Heitman pays $167 million for a stake in the 1.3-million-square-foot Chandler Fashion Center and the 1.6-million-square-foot Freehold Raceway Mall in New Jersey. ... Full Story
$9M Awarded For Terminal Expansion
By Amy Wolff Sorter
MESA, AZ-Phoenix-Mesa Gateway Airport will expand its passenger terminal by 25,000 square feet. Experts, meanwhile, note future area developments could lead to a permanent terminal. ... Full Story
Former Opus West Prez Lands at Cole
By Brian K. Miller
PHOENIX-Thomas W. Roberts joins Cole Real Estate Investments as president of its real estate group. ... Full Story
State Finds Interest Strong for Sale-Leaseback
By Brian K. Miller
PHOENIX-The state of Arizona wants to sell and then lease back a 205,901-square-foot building here to fill its budget deficit. ... Full Story
Hoteliers: Not Much Happens Without Capital
By Maria Wood
PHOENIX-The lodging industry remains at a standstill until the financing markets unlock. ... Full Story
Macerich Refinances Biltmore Fashion Park
By Brian K. Miller
PHOENIX-The 548,000-square-foot mall is the retail heart of the Arizona Biltmore Estates neighborhood. ... Full Story
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