Kohlberg Kravis Roberts & Co. has acquired a 1.3M sq ft industrial park in Arizona for $165M, marking the largest industrial sale in the state in 2023. Cushman & Wakefield advised US Capital Development in the sale of a 599.5K sq ft industrial building for $81.7M. Ivanhoe Electric paid $34.3M for 5,975 acres in Casa Grande, and Christ Church Gilbert acquired a 31.9K sq ft church building and two commercial buildings for $24M. NAI Horizon facilitated a $4.5M office building sale in Oro Valley, and The Niki Group purchased a 20.4K sq ft store for $3.13M. Lincoln Property Company signed Tempur-Pedic to a full-building pre-lease at Buckeye85, and Engineered Foam Packaging Corp. leased a 152.2K sq ft building in Casa Grande. Picklemall leased 104K sq ft in Tempe, and RED Development announced six new tenants for the redevelopment of the former Paradise Valley Mall.