• Phoenix-Metro Condo Market Cited as “Most Robust” Through Pandemic

    Phoenix-Metro Condo Market Cited as “Most Robust” Through Pandemic0

    Polaris Pacific, the leading real estate sales and marketing group for new residential communities, announced today the introduction of a weekly, real-time market trend dashboard that measures changes to the condominium sector of eight core West Coast markets and provides data to navigate the complexities created by COVID-19 on these condominium markets. Updated every Tuesday,

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  • Merit Partners Announces $1.5 Billion Global Logistics Park in Glendale

    Merit Partners Announces $1.5 Billion Global Logistics Park in Glendale0

    Camelback 303 – a $1.5 billion global logistics park being developed in joint venture by Merit Partners, First Industrial Realty Trust Inc. and Diamond Realty Investments in Glendale, Arizona – will soon begin to take shape in metro Phoenix’s fastest growing industrial submarket. At completion, the park will accommodate approximately 9 to 10 million square

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  • Scottsdale Office Portfolio Sells for $46.2 Million

    Scottsdale Office Portfolio Sells for $46.2 Million0

    JLL Capital Markets closed the sale of the properties to separate buyers JLL Capital Markets announced today that it has completed the $46.2 million sale of a two-property office portfolio totaling 223,249 square feet in the northern part of Scottsdale, Arizona, on behalf of Equus Capital Partners. Both buildings are adjacent to the HonorHealth Scottsdale

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  • Nikola Corporation Breaks Ground On Coolidge Factory

    Nikola Corporation Breaks Ground On Coolidge Factory0

    The Arizona facility is expected to generate more than 1,800 new full-time positions and result in approximately $600 million in new capital expenditures. Zero-emissions facility will have the capacity to produce 35,000 Class 8 commercial semi-trucks annually, running two shifts. Nikola Corporation (NASDAQ: NKLA), a global transportation leader in zero-emissions and infrastructure solutions, is one step closer to

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  • Old Town Scottsdale to Get First New Hotel in Over a Decade

    Old Town Scottsdale to Get First New Hotel in Over a Decade0

    Canopy by Hilton Scottsdale Old Town Eyes Late September Opening There’s a new era on the horizon for Old Town Scottsdale, Ariz. as the team behind the coming-soon Canopy by Hilton Scottsdale Old Town announced today that the property is nearing completion and is expected to open its doors in late September, marking what will be the

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  • Merit Partners Affiliate Acquires 83 Acres in Phoenix to Develop New 900,000 SF Merit Sky Harbor Industrial Park

    Merit Partners Affiliate Acquires 83 Acres in Phoenix to Develop New 900,000 SF Merit Sky Harbor Industrial Park0

    Cushman & Wakefield Brokers Off-Market Sale, Retained for Leasing of New Project Cushman & Wakefield announced today the firm has brokered the sale of approximately 83 acres of land in Phoenix, Arizona. The property was acquired by an entity formed by Phoenix-based Merit Partners, which plans to construct a brand new approximately 900,000-square-foot, seven-building Class

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