The Southeast Valley Phoenix submarket is growing in popularity for multifamily investors.

Visa is the first commercial tenant of Phase 1 of Mission Rock, and the firm says it is important to have an office environment that encourages collaboration, inspires creativity and reflects its stature as a world-class brand.

SkyBridge Arizona in Phoenix is the first inland US/Mexico port, and construction has started on the first two buildings.

The real estate investment firm recapitalized the asset through an equity joint venture with Nan Fung Group and debt from Axonic Capital and Athene Annuity & Life Assurance Company.