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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...

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...

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...

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...

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...

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...

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,...

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...

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...

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, 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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