PHOENIX-Lydian Data Services, a mortgage outsourcing firm, picks the Valley for its Southwest office. Building owner, Adler Realty, gets a seven-year tenant with the decision to lease 32,412 sf of class B space in Midtown.
PHOENIX-Cable One, a subsidiary of the Washington Post Co., signs a 10-year lease for class B office space in Park Central to house the call center. The center, bringing more than 300 new jobs to the Valley, will open next month.
PEORIA, AZ-A 75,000-sf, eight-building condominium project, Stonegate Office Park, will break ground in April near the northeast corner of 83rd Avenue and Thunderbird Road. Western States Development LLC is the developer.
HOUSTON-The REIT and the Tampa, FL-based operator come together to acquire and manage six seniors' housing communities in the metro area. The 92%-occupied portfolio contains 2,130 independent-living units.
SCOTTSDALE, AZ-Campbell Holdings buys its fourth hotel in the Valley, getting a seven-year-old asset with an average occupancy of 66%. The Brea, CA-based hotelier's latest purchase comes with a new flag.
CLEAR LAKE, TX-The foreign investor pays close to the $3.5-million ask to get a 46,605-sf, class B office building along Gemini Street. The 24-year-old building, recently renovated, is fully leased to credit tenants.
PHOENIX-Younan Properties takes possession a 138,000-sf, class A office building with a $20.5-million offer to beat 11 other investors jockeying for the win. The Woodland Hills, CA-based investor gets his third Valley deed and first one outside the CBD.
PHOENIX-Younan Properties takes possession a 138,000-sf, class A office building with a $20.5-million offer to beat 11 other investors jockeying for the win. The Woodland Hills, CA-based investor gets his third Valley deed and first one outside the CBD.
TEMPE, AZ-Two class B office properties, totaling 15,028 sf, sell to a Northern California buyer, who lays down $2.7 million for the fully leased duo. The buildings are positioned in Rural Court, a six-structure park developed in 1988.