Phoenix

Tower Capital closed $27 million in transactions the first quarter, and have $150 million built up in the pipeline to close in the second quarter.

Calamaio was named VP of talent management, where she will oversee administrative workforce development.

Capsule production and manufacturing company CapPlus Technologies lands manufacturing facility in the tight Phoenix market.

The healthy industrial construction pipeline in Phoenix is focused in the Southeast and Southwest Valley.

Developer the Statesmen Group plans to break ground on the luxury condo project later this week.

Lynette Dreitz, director of finance and administration, is among the four new partners at the firm.

Five Star development has surpassed $215 million in sales with its The Ritz-Carlton Residences, Paradise Valley, which offers 39 for-sale estate homes.

With a rapidly rising population that will no doubt shop online, Phoenix is seeing an increased demand for functional industrial facilities.