Commercial Real Estate & Business News – January 10, 2022

The flows of cash aren’t all pulling out of multifamily and settling into single-family rentals. But the SFR category has been getting more attractive to big investors over time and has become a force to reckon with.A presentation from real estate consulting firm RCLCO pegs the current SFR market—including…»

A massive master-planned community (MPC) — one in which an estimated 300,000 residents will be moving to Buckeye and calling it home — is underway. Known as Douglas Ranch, the nearly 37,000-acre property is expected to become a leading MPC in the nation, with 100,000 homes and 55 million square feet of…»

Driving near the Phoenix Goodyear Airport it’s hard to miss the array of commercial planes fronting a backdrop of the Sierra Estrella mountains. The West Valley airport once sat as an island amid masses of vacant and agricultural land, but the surrounding area has become a fortress of…»

There is no shortage of capital searching for opportunities in commercial real estate. In most cases, this has generated high competition, compressed cap rate and pushed asset pricing. The middle market sector—defined as deals valued at $20 million to $50 million—is a rare sweet spot for CRE investment. Too small for…»

Capping an extraordinarily productive year, New York-based Wharton Industrial announced today that it has acquired a 101-acre parcel of land in Mesa, Arizona. The company plans to invest over $200 million into the site to develop an 11-building, 1.5 million-square foot Class A industrial park, to be known as ‘The Hub@202’. The buildings will…»