Phoenix

Investors Get Creative to Play in Phoenix’s Industrial Market

Kelsi Maree Borland | August 17, 2018

Local and domestic investors are actively trying to break into Phoenix’s industrial market, the only problem: opportunities are limited.

Value-add Multifamily Investors Rush to Phoenix

Kelsi Maree Borland | August 15, 2018

Rapid rent growth, surging demand and an outdated apartment stock has meant big opportunities for value-add apartment investors.

How Are Developer’s Handling Phoenix’s Industrial Boom?

Kelsi Maree Borland | August 13, 2018

Strong user demand has driven construction activity, but it might also start to drive land and construction costs up.

Phoenix Retail Market Officially Rebounds

Kelsi Maree Borland | August 07, 2018

The Phoenix market was among the hardest hit during the recession, but the retail market has finally returned to pre-recession activity—and it is a good sign of the future.

Is Phoenix Becoming a Tech Hub?

Kelsi Maree Borland | August 02, 2018

The market has added 12,650 tech jobs in the last five years and with a tech job base that makes up 4% of total employment, the market is now ranked #15 for tech jobs.

Ecommerce Users Plant Roots in Phoenix’s Southwest Valley

Kelsi Maree Borland | July 31, 2018

Ecommerce accounts for 39% of all lease transactions, and the Southwest Valley is getting a bulk of the leasing and new development activity.

Harrison Street Buys Century Hall For $27M

Adele Carter | July 28, 2018

"Initially built as a P3, Century Hall plays an important role on ASU Poly’s campus."

News

Four-State Portfolio Shows Industrial's Still Hot

Lisa Brown | July 24, 2018

The 16 industrial and warehouse properties that comprise the industrial portfolio collectively total nearly 3 million square feet across Washington, Nevada, California and Arizona in seven markets.

News

Virtua Partners Launches Tax Reform-enabled Fund

Erika Morphy | June 21, 2018

The fund is designed to invest in the Opportunity Zones created under the Tax Cuts and Jobs Act of 2017.

Middle-Market Digest

Middle Market Digest: This Week in Southwest

Kelsi Maree Borland | May 11, 2018

Here’s a look at this week's trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

Lightstone Expands Credit Facility; Secures LIC Hotel Financing

John Jordan | April 17, 2018

The $35-million acquisition financing and the new $140-million new credit facility for the Lightstone Value Plus REIT II was provided to the New York City-based real estate investment and development firm by Western Alliance Bank of Phoenix.

Middle-Market Digest

Middle Market Digest: This Week in Southwest

Kelsi Maree Borland | February 23, 2018

Here’s a look at this week's trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

Event Coverage

Healthcare Panelists Say “Timeshare Exception” Makes Sense in Tertiary Markets

Natalie Dolce | December 15, 2017

Panelists at RealShare Healthcare discuss how recent Stark law amendments will make it easier for physicians to share space, and for hospitals to provide space, equipment, and services to visiting specialists.

Event Coverage

Healthcare Is All About the Patient Experience

Natalie Dolce | December 13, 2017

Panelists at RealShare Healthcare’s shifting space needs panel say that those that are successful in the MOB space are the ones that cater to the patient.

Sale-Leaseback Part of State Farm Strategy

Lisa Brown | December 13, 2017

The sale-leaseback structure has benefited both parties with steady cash flows generated from the long-term lease with State Farm and stable, long-term ownership and management for the tenants.

Event Coverage

Healthcare Consolidation, Efficiency Expected to Continue

Natalie Dolce | December 11, 2017

Panelists at RealShare Healthcare say that technology has opened the door to more out-patient procedures.

Event Coverage

Healthcare Market is Tight But Not Unworkable

Natalie Dolce | December 08, 2017

On a risk adjusted basis, healthcare real estate is less expensive than some of the other food groups, but that gap is narrowing, say panelists at RealShare Healthcare.

Event Coverage

Wants and Needs of Patient Care Are Changing

Natalie Dolce | December 08, 2017

One of the takeaways from the opening fireside chat at RealShare Healthcare on Thursday was that, based on the wants and needs of patient care, there will soon be many more facilities built in rural communities.

Event Coverage

What Can the Industry Do to Fix Healthcare’s Big Problem?

Natalie Dolce | December 04, 2017

In part two of this exclusive healthcare discussion in preparation for this week’s RealShare Healthcare event, Jason Signor, CEO of Caddis, talks about how to make an impact in lowering societal cost.

Event Coverage

Is the Real Problem in Healthcare Coming?

Natalie Dolce | December 01, 2017

The real healthcare cost problem has not even gotten here yet, explains Jason Signor, CEO of Caddis, in preparation for the upcoming RealShare Healthcare conference, to be held next week in Scottsdale.

Event Coverage

Hospital, Traditional Clinic or Retail Location?

Natalie Dolce | November 30, 2017

Panelists at the upcoming RealShare Healthcare conference say that hospitals and doctors, strive to provide the right care, at the right time, in the right place and at an affordable price that is relevant to the patient/customer and plan to discuss how that all intertwines.

Event Coverage

2018 Expected to Be Good Year for Healthcare Market

Natalie Dolce | November 29, 2017

According to panelists who will speak at the upcoming RealShare Healthcare conference in Scottsdale, AZ, despite strain on the insurance markets, experts expect good things ahead.

If Millennials Like Hotels, Will Boomers Follow?

Lisa Brown | November 14, 2017

With 84 million millennials and 78 million Baby Boomers, hotels have ramped up brands and concepts geared specifically to the younger set, and Hilton and Marriott brands are some of millennial favorites.

Event Coverage

Single Hotel Operations Issue is Talent

Lisa Brown | November 07, 2017

In a session last week at the Lodging Conference, A View from the Top, panelists talked about the role of loyalty, tech, talent, overall brands, markets to watch and hotel security within the hospitality structure.

Construction Costs Going Up in Many Markets

Brian J. Rogal | August 23, 2017

Costs in Chicago are going up the fastest of the major cities studied by Mortenson Construction.

News

HTA Closes More Than $2.6B in 2Q Investments

Natalie Dolce | July 13, 2017

As of the end of the second quarter, HTA had closed the majority of the $2.75-billion Duke Realty medical office building portfolio that was revealed in May 2017.

Thought Leadership

Park It Here: Driverless Cars and the Office Market

John Salustri | April 18, 2017

PHOENIX—The future is coming at us at a breakneck pace—and it’s riding in a driverless vehicle. What will that mean for the office market? Lee & Associates’ Andrew Cheney gives us a peek.

The Benefits of CRE Asset Portfolio Optimization Services

Natalie Dolce | February 02, 2017

PHOENIX—Curious how executives can accurately survey, analyze and configure their asset portfolios and facilities for maximization of yield and return, as well as understand the asset portfolios and facilities that are components of M&A transactions? One source takes a closer look in this EXCLUSIVE Q&A on the subject.

Event Coverage

Healthcare Space, By the Numbers and What the Future Holds

Natalie Dolce | December 16, 2016

SCOTTSDALE, AZ—Medical office vacancy rates hit a low this year and finally broke under 8% nationally said sources at this year’s RealShare Healthcare Real Estate conference, who also touched on President-elect Trump’s pledge to repeal and replace Obamacare.

Event Coverage

Real Estate’s Play in the Total Wellness Experience

Natalie Dolce | December 14, 2016

SCOTTSDALE, AZ—Contract rehab plays an important role in the wellness continuum said speakers at last week’s RealShare Healthcare Real Estate Conference.

Event Coverage

2016 HREI Insights Awards Winners Revealed

Natalie Dolce | December 13, 2016

SCOTTSDALE, AZ—Healthcare Real Estate Insights magazine presented this year’s awards at RealShare’s Healthcare Real Estate conference last week.

Event Coverage

Experts: Healthcare Going Retail Is Not a Fad

Natalie Dolce | December 13, 2016

SCOTTSDALE, AZ—The popularity of minute clinics and urgent care centers popping up on retail’s cherry corners won’t stop anytime soon say panelists at RealShare Healthcare Real Estate.

Event Coverage

Will IT Be the Next Big Healthcare Boom?

Natalie Dolce | December 12, 2016

SCOTTSDALE, AZ—Site selection processes and MACRA are among the key drivers in the healthcare space and are changing the terms of physician reimbursement. Speakers at RealShare Healthcare Real Estate took a closer look.

Event Coverage

Healthcare Increases Its Emphasis on Efficiency

Natalie Dolce | December 12, 2016

SCOTTSDALE, AZ—Speakers at RealShare Healthcare Real Estate review trends in the continuum of care and how developers are responding to the needs of the end users: patients/families, providers and healthcare organizations.

Event Coverage

Chinese Investors Become More Aggressive on Healthcare Assets

Natalie Dolce | December 09, 2016

SCOTTSDALE, AZ—According to sources at RealShare Healthcare Real Estate, in the medical office sector, competition has increased for higher quality assets and there has been more of a portfolio premium.

Event Coverage

Healthcare’s Change of Venue, Shifting Facility Needs

Natalie Dolce | December 09, 2016

SCOTTSDALE, AZ—Sources at RealShare Healthcare Real Estate on Thursday discussed the response of healthcare systems and the changes in the continuum of care and agree that creative solutions are key to the future.

Event Coverage

Hospital Mergers Expected to Continue Throughout the US

Natalie Dolce | November 21, 2016

SCOTTSDALE, AZ—In an EXCLUSIVE interview with David Wilson of Lockard Cos. in preparation for the upcoming RealShare Healthcare conference, he says that credit profiles will continue to become stronger and stronger as the mega-hospitals begin to merge and/or acquire other hospital systems.

Commentary

The Next Southwest Migration

Nina J. Gruen | November 17, 2016

SAN FRANCISCO—The snowbirds are getting some Millennial competition, and one multifamily developer wonders what that means.

Event Coverage

Healthcare Continues to Meet Patient Demand for Convenience

Natalie Dolce | November 15, 2016

As more and more healthcare is being delivered on an outpatient basis, the demand for inpatient beds continues to diminish, says one source who is speaking at the upcoming RealShare Healthcare Real Estate event.

Event Coverage Video

How Tech Will Change the Hotel Deal

Lisa Brown | October 12, 2016

PHOENIX—Just how much has technology changed the way we do business? We talked tech with Trusha Patel, director of hospitality, commercial division of…

Deal Tracker: Multifamily Investors Continue Frenzied Pace

Lisa Brown | October 12, 2016

PHOENIX—With multifamily rents increasing by 8.2% during the last year, vacancy rates are decreasing, resulting in a deluge of off-market property listings and investment sales all over the valley, says SVN Advisors.

Tech-Focused 100% Paperless Office Comes to Phoenix

Lisa Brown | October 11, 2016

PHOENIX—CBRE’s global “Workplace360” initiative is the company’s approach to workplace strategy designed to promote flexibility, mobility and productivity through unassigned workstations.

Value-Add Assets Continue to Find Favor Over New Product

Lisa Brown | October 10, 2016

MESA/TEMPE, AZ—Investors are finding significantly more room for rent growth in the value-add space as contrasted with the newer class-A product, especially given current construction costs in the Greater Phoenix market.

Maricopa County Explores Sale of Chase Field

Lisa Brown | October 07, 2016

PHOENIX—The stadium district board of directors voted to explore the option to sell the downtown home of Major League Baseball’s Arizona Diamondbacks to private, out-of-state investors last month.

Pencil Sharpening May Prevent Falling Off Cliff

Lisa Brown | October 06, 2016

PHOENIX—The owners, lenders and investors forum was the final session at the Lodging Conference held at the Arizona Biltmore last week, with discussions about trends in hotel investment, financing, up-and-coming markets, and supply.

Hotel Adaptive Reuse Not for Faint of Heart

Lisa Brown | October 05, 2016

PHOENIX—Adaptive Reuse was another think tank session at the Lodging Conference held at the Arizona Biltmore last week, with discussions about how to profit from preserving, reviving and repurposing old buildings into innovative hotels.

Event Coverage

What’s Ahead for the Economy and CRE

Kristian Seemeyer | October 04, 2016

SCOTTSDALE, AZ—It may be the most pressing question for commercial real estate professionals: What does the future hold? Suzanne Mulvee, director…

Event Coverage

Principals Caution Building When Nothing is “There”

Lisa Brown | October 04, 2016

PHOENIX—“Development: Up-and-Coming Markets” was another think tank session at the Lodging Conference held at the Arizona Biltmore last week, with discussions on demand drivers, development costs and current hotbeds of new development.

Event Coverage

Even Designers are Talking Marriott-Starwood

Lisa Brown | October 03, 2016

PHOENIX—“Talking Great Design” was another think tank session at the Lodging Conference held at the Arizona Biltmore last week, with discussions on new brands to innovative solutions and authentic experiences.

Event Coverage

Hotel Pipelines Set Sights on 2018

Lisa Brown | September 30, 2016

PHOENIX—“The View from the Top: Let’s Talk Development” was another session at the Lodging Conference held at the Arizona Biltmore this week, with pipelines, lessons learned and projects among the hot topics.