Commercial Observer AEW Capital Management has provided $68 million of financing for the construction of NextWave Tempe, a 689,000-square-foot industrial property in Tempe, Ariz. Overton Moore Properties of Gardena, Calif., and Invesco Real Estate of Atlanta are building the property at 1500 North McClintock Drive, about 12 miles east of Phoenix. NextWave Tempe will have […]

The post AEW Capital Lends $68Mln for Construction of Tempe, Ariz., Industrial Property appeared first on Commercial Real Estate Direct.