Phoenix

A new report shows that Phoenix is a top market for new and expanding industrial users.

Westcore acquires a 22-acre industrial property in Phoenix in a joint venture with Wentworth Property Co.

The investor buys 192 units in a 360-unit condo building with plans to upgrade the interiors.

Phoenix net lease investment totaled $1.7 billion in 2018, thanks in large part to an influx of California capital.

There are currently 2.5 million square feet of office product currently under construction in Phoenix.

Expect more of the same from the Phoenix multifamily market in the second half of the year.

The company is building the first two data centers on its campus in the Phoenix suburb of Goodyear, Arizona.

JLL Income Property Trust has acquired a 273-unit apartment building in Chandler, Arizona.