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05/26/2018
Six Flags Spending $23 Million Adding Five Parks to Portfolio
Pictured: Frontier City in Oklahoma City.Six Flags Entertainment Corp. will pay Oklahoma City-based Premier Parks LLC $23 million to buy the exclusive lease rights to five amusement parks. The deal includes Frontier City and White Water Bay in Oklahoma...

05/25/2018
Emma Capital Picks Up Zazu Pannee Park
The 184-unit Zazu Pannee Park apartment complex at 1502 E. Osborn Rd. in Phoenix Emma Capital Investments purchased a 184-unit apartment complex in Phoenix from Oppenheimer Partner Properties. Zazu Pannee Park sold for $22.25 million, or about $120...

05/23/2018
SP, Oakland Capital Management Buys Class A Phoenix Apt. Complex
The Class A, 254-unit Pavilions on Central apartment complex at 1 W. Campbell Ave. in Phoenix Seattle, WA-based Security Properties (SP), and funds managed by Oaktree Capital Management, purchased a 254-unit apartment complex in Phoenix from Crow Holdings...

05/23/2018
LPC, Harvard Investments Selected to Develop 1.35M-SF Spec Office Park in Mesa
Rendering of the 1.35 million-square-foot speculative Union office park in Mesa, AZ The Mesa City Council has unanimously selected Lincoln Property Co. (LPC) and Harvard Investments to develop Union, a 1.35 million-square-foot speculative office park...

05/23/2018
Does Phoenix Need More Co-Working Space?
If Phoenix wants to establish itself as a bona fide tech market, more co-working space would probably be a good start. Google, Apple and Microsoft were once fledgling companies based out of garages. But today they might have started off in a co-working...

05/22/2018
Hawaiian Investor Pays $5.2M for Phoenix Shopping Center
Aerial of Mountain View Plaza at 9812-9832 N. 7th St. in Phoenix Credit: SVN Desert Commercial Advisors Honolulu-based Watumull Properties purchased a 25,898-square-foot shopping center in Phoenix from local restaurateurs and brothers, Robert Brescia...

05/22/2018
Westwood Financial Adds Two Sprouts-anchored Shopping Centers to Portfolio
The 92,504-square-foot Boardwalk at Anderson Springs shopping center in Chandler, AZ Los Angeles-based Westwood Financial, an owner and operator of national grocery-anchored properties, purchased two Sprouts-anchored shopping centers in Chandler,...

05/22/2018
Columbus Pacific Properties Pays $51.4M for SanTan Village Marketplace
Marshalls at the SanTan Village Marketplace power center in Gilbert, AZ Santa Monica, CA-based Columbus Pacific Properties, an investment firm that has developed and redeveloped nearly 5 million square feet of national retail properties since its launch...

05/17/2018
Olympus Properties Acquires 301-Unit Apt. Complex in Chandler
The 301-unit Olympus Steelyard apartment complex at 155 E. Frye Rd. in Chandler, AZ Fort Worth, TX-based Olympus Property, a full-service investment firm, purchased a 301-unit multifamily complex in Chandler, AZ from Wood Partners. Olympus Steelyard...

05/16/2018
Amazon to Open First Fulfillment Facility in Tucson
Continuing to expand its operations even as it considers the finalists for its new co-headquarters complex dubbed HQ2, Amazon.com said it will open an 855,000-square-foot customer fulfillment center in Tucson, AZ. The new warehouse, where workers will...

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