Real Estate Blog

Semiconductor industry supplier breaks ground on $100M north Phoenix facility
 Article Originally Posted By PhoenixBusinessJournal On January 20, 2021 Sunlit Chemical, the first semiconductor industry supplier to annou...
Continue Reading
Gilbert, Chandler among 10 best cities to buy an affordable home
 Article Originally Posted By AZBigMedia On January 20, 2021   With higher housing costs and smaller living spaces, many large cit...
Continue Reading
Amazon makes more big industrial moves in Mesa
 Article Originally Posted By PhoenixBusinessJournal On January 19, 2022   Amazon.com Inc. has multiple major developments in the ...
Continue Reading
100-acre industrial development site in Mesa sells for $27.5M
 Article Originally Posted By AZBigMedia On January 19, 2021     SVN Desert Commercial Advisors completed the sale of an...
Continue Reading
Phoenix sets breakneck pace for industrial development in Q4, report shows
 Article Originally Posted By PhoenixBusinessJournal On January 18, 2022   Record leasing, vacancy and construction continue to be...
Continue Reading
Apartment tower begins construction at Arizona Center in downtown Phoenix
Article originally posted by: Phoenix Business Journal on January 13th 2022    Construction began on the PALMtower, a 28-story apartmen...
Continue Reading
Greystar breaks ground on 1st multifamily development at City North
Article originally posted by: azbigmedia on January 13th 2022   Rental housing industry leader, Greystar, recently broke ground on the ...
Continue Reading
Long-awaited Epicenter at Agritopia in Gilbert nears opening
Article originally posted by: Phoenix Business Journal on January 14th 2022   After being in the works for years now, it is finall...
Continue Reading
National developer wants to build a nearly 1 million-square-foot industrial facility in Glendale
Article originally posted by: Phoenix Business Journal on January 13th 2022.   Over the next few years, the area around the Loop 303 an...
Continue Reading
50 commercial real estate companies to watch in 2022
Article originally posted by: azbigmedia on January 14th 2022   Arizona is scorching hot, and we’re not talking about the weather...
Continue Reading
112-acre development site near Mesa Gateway sells for $36.7M
Article originally posted by: azbigmedia on January 7th 2022  SVN Desert Commercial Advisors completed the sale of an approximately 112-acre...
Continue Reading
Goodyear officials 'anticipated' Samsung was not picking city for $17B plant, public documents show
Article originally posted by: Phoenix Business Journal on January 7th 2022.  City of Goodyear documents show the city was notified the same ...
Continue Reading
Taking Flight: Industrial development is booming around the Phoenix Goodyear Airport
Article originally posted by: Phoenix Business Journal on January 7th 2022.   Driving near the Phoenix Goodyear Airport it’s...
Continue Reading
Wharton will develop $200M Hub@202 industrial project in Mesa
Article originally posted by: azbigmedia on January 7th 2022  Capping an extraordinarily productive year, New York-based Wharton Industrial ...
Continue Reading
Hotel, Mediterranean-inspired restaurant opening in Old Town Scottsdale
Article originally posted by Phoenix Business Journal on January 7th 2022.  Old Town Scottsdale’s new hotel, Senna House, built at the...
Continue Reading
Davlyn Investments buys Trevi in Chandler for $114.4M
 Article Originally Posted By AZBigMedia On December 27, 2021   Davlyn Investments, a prominent California-based, multi-family inv...
Continue Reading
ABI Multifamily sells Phoenix multifamily portfolio for $414.5M
 Article Originally Posted By AZBigMedia On December 21 2021    ABI Multifamily, the leading multifamily brokerage and adviso...
Continue Reading
Phoenix developer will buy former Southbridge II site in Scottsdale
 Article Originally Posted By PhoenixBusinessJournal On December 21, 2021   A Phoenix-based developer is buying land that was once...
Continue Reading
Garden Grove Apartments in Tempe sell for $126 million
 Article Originally Posted By AZBigMedia On December 21, 2021   Intercontinental Real Estate Corporation (“Intercontinental&...
Continue Reading
Nevada developer sets stage for massive industrial project in West Valley
  Article Originally Posted By PhoenixBusinessJournal On December 21, 2021  Dermody Properties, a Nevada real estate investor and ...
Continue Reading
Park 67 Apartments in Glendale sold for $30.4 million
 Article Originally Posted By AZBigMedia On December 20, 2021    San Diego-based Tower 16 Capital Partners has acquired Park ...
Continue Reading
Activity around planned battery manufacturing facility picks up in West Valley
  Article Originally Posted By PhoenixBusinessJournal On December 17, 2021   The State Route 85 and MC 85 area of the West Va...
Continue Reading
Mayo Clinic buys 228 acres in biotech corridor for $139 million
 Article Originally Posted By AZBigMedia On December 15, 2021   Mayo Clinic has acquired 228 acres of land adjacent to its campus ...
Continue Reading
10 housing market records set in 2021
  Article Originally Posted By AZBigMedia On December 14, 2021   The coronavirus pandemic and the resulting surge in remote w...
Continue Reading
Behind the deal: Why Carvana purchased 150 acres in Surprise for a facility that could employ hundreds
 Article Originally Posted By PhoenixBusinesJournal On December 8, 2021  Newly released documents have revealed more details about why ...
Continue Reading
West 101 Corporate Center sells for $17.5M
 Article Originally Posted By AZBigMedia On December 13, 2021   Cushman & Wakefield has brokered the sale of West 101 Corporat...
Continue Reading
$750 million redevelopment of Metrocenter in Phoenix planned to start next year
 Article Originally Posted By PhoenixBusinessJournal On December 9, 2021  A new ownership group has major redevelopment plans for Metro...
Continue Reading
$1.2B GCU refinancing is largest real estate deal in Arizona history
 Article Originally Posted By AZBigMedia On December 9, 2021   Grand Canyon University (GCU) has successfully completed a $1.2 bil...
Continue Reading
Block 23 in Downtown Phoenix sells for $150M
 Article Originally Posted By AZBigMedia On December 7, 2021    JLL Capital Markets announced today that it has closed the $1...
Continue Reading
LaPour Partners industrial land sale breaks Phoenix market record
 Article Originally Posted By AZBigMedia On December 7, 2021   LaPour Partners has closed out their 65-acre industrial park in nor...
Continue Reading
Global home goods company signs major industrial lease in Glendale, could hire 3,000 workers
 Article Originally Posted By PhoenixBusinessJournal On December 6, 2021  San Francisco-based Williams-Sonoma Inc. (NYSE: WSM), a globa...
Continue Reading
54 acres of land in Buckeye sells for $6.525M
 Article Originally Posted By AZBigMedia On December 2, 2021    Shopoff Realty Investments (“Shopoff”), a nationa...
Continue Reading
Valley home values expected to increase 20.8% in 2022
 Article Originally Posted By AZBigMedia On December 1, 2021     The Valley’s real estate market and home values h...
Continue Reading
Giant electronics retailer signs lease at Goodyear industrial facility
 Article Originally Posted By PhoenixBusinessJournal On November 30, 2021  Best Buy Inc. Co. (NYSE: BBY), the national electronics and ...
Continue Reading
National developers propose mixed-use project for Avondale
 Article Originally Posted By PhoenixBusinessJournal On November 29, 2021   A mixed-use development is being proposed for about 40...
Continue Reading
Despite large loan maturing Scottsdale Fashion Square not in trouble, expert says (2)
 Article Originally Posted By PhoenixBusinessJournal On November 29, 2021  Despite a loan worth $423 million coming due in 2023, Scotts...
Continue Reading
Glendale approves annexations, rezoning for 2 industrial projects
 Article Originally Posted By PhoenixBusinessJournal On November 23, 2021  Two large industrial projects received unanimous approval on...
Continue Reading
Zillow cancels hundreds more home contracts across the country
 Article Originally Posted By PhoenixBusinessJournal On November 23, 2021  Homebuyers across the country are furious with Zillow Group ...
Continue Reading
17.83 acres of land in San Tan Valley sells for $12.7M
 Article Originally Posted On AZBigMedia On November 24, 2021   Kennedy Lewis Investment Management bought 17.83 acres of land in ...
Continue Reading
CBRE locks down 3 leases totaling 22,359 SF at LINK in Phoenix
 Article Originally Posted By AZBigMedia On November 23, 2021   CBRE announced three newly signed leases totaling 22,359 square fe...
Continue Reading
North Phoenix Amazon facility sells for $75 million
 Article Originally Posted By PhoenixBusinessJournal On November 23, 2021  A newly built north Phoenix Amazon delivery station was purc...
Continue Reading
321 acres in Casa Grande sell for $23 million
 Article Originally Posted By AZBigMedia On November 18, 2021   Valley Land Group, a new Phoenix-based land investment and develop...
Continue Reading
Homebuying demand reaches all-time high, report shows
 Article Originally Posted By AZBigMedia On November 19, 2021   Redfin’s Homebuyer Demand Index hit a new all-time high sinc...
Continue Reading
California company buys Amazon industrial site in Glendale for $71 million
 Article Originally Posted By PhoenixBusinessJournal On November 19, 2021   Kansas City, Missouri-based Van Trust Real Estate rece...
Continue Reading
Casa Grande gives final approval for $300 million manufacturing plant
 Article Originally Posted By PhoenixBusinessJournal On November 16, 2021   The Casa Grande City Council gave the final nod of app...
Continue Reading
Top 5 Valley cities for home price per square foot
 Article Originally Posted By AZBigMedia On November 15, 2021    The share of homes selling within one to two weeks is on the...
Continue Reading
Here is the No. 1 neighborhood for new apartments in Phoenix
 Article Originally Posted By AZBigMedia On November 11, 2021   Highly popular due to their location and vibrant amenities, urban ...
Continue Reading
Massive Buckeye site recently sold to investor could see future industrial development
 Article Originally Posted By PhonixBusinessJournal On November 11, 2021 Scottsdale-based Globe Corp. sold about 120 acres of land in Buckey...
Continue Reading
Queen Creek board recommends approval of employment uses on 600 acres
 Article Originally Posted By PhoenixBusinessJournal On November 11, 2021  The Queen Creek Planning and Zoning Commission on Wednesday ...
Continue Reading
What does Zillow's abrupt exit from iBuying portend for the direct-homebuying business model?
 Article Originally Posted By PhoenixBusinessJournal On November 8, 2021  The wind down of Zillow Group Inc.'s (NASDAQ: ZG) iBuying bus...
Continue Reading
McShane Construction will build 420 Unit Town Chandler
 Article Originally Posted By AZBigMedia On November 8, 2021   McShane Construction Company was selected by repeat client Related ...
Continue Reading
Boom Times Continue for Single Tenant Net Lease, Multi-Tenant Retail
 Article Originally Posted By Globe St. On November 4, 2021  The single-tenant net lease market and the national multi-tenant retail ma...
Continue Reading
Tri Pointe Homes buys 210 homesites in Chandler and San Tan Valley (2)
 Article Originally Posted On  AZBigMedia On November 4, 2021   Tri Pointe Homes, a recognized leader in the homebuilding ind...
Continue Reading
Story of The Next Decade: Buckeye Could Be The Next Valley City To See Major Growth
 Article Originally Posted By Phoenix Business Journal On November 5, 2021   Years before Buckeye was designated a city, people we...
Continue Reading
Developer proposes hotel, retail and apartments in Glendale
 Article Originally Posted By Phoenix Business Journal On November 4, 2021  An Indianapolis-based developer is proposing building a mix...
Continue Reading
Next Wave sells Westover Parc Apartments for $41.625M
 Article Originally Posted By AZBigMedia On November 3, 2021   Next Wave Investors, LLC (“Next Wave”) a private equity...
Continue Reading
Ranked: The 30 metros where apartment demand has rebounded the fastest
 Article Originally Posted On PhoenixBusinessJournal On October 29, 2021  The third quarter saw record-levels of apartment demand in th...
Continue Reading
Mosaic raises $44M Series B to expand Arizona homebuilding market
 Article Originally Posted On AZBigMedia On November 1, 2021    Mosaic Building Group, a construction technology platform for...
Continue Reading
Developer seeks approval to build retail on 'challenging' infill site in Mesa
 Article Originally Posted By PhoenixBusinessjournal On October 31, 2021 A developer is trying to turn a “challenging” piece of ...
Continue Reading
18,000 acres in Estrella master-planned community sold for $212.5M
 Article Originally Posted By AZBigMedia On October 26, 2021   Harvard Investments, Toll Brothers, and Värde Partners announc...
Continue Reading
4 million-square-foot Cubes at Mesa Gateway coming to East Valley
 Article Originally Posted By AZBigMedia On October 25, 2021   CRG, the national real estate development and investment firm, toda...
Continue Reading
5 Valley neighborhoods with biggest home price increases
 Article Originally Posted By AZBigMedia On October 22, 2021   The modest calming of the U.S. housing market that began late in th...
Continue Reading
Phoenix No. 1 for metro-to-metro population growth
 Article Originally Posted By AZBigMedia On October 22, 2021    Whether it’s for an economic opportunity or the need to...
Continue Reading
125 acres for sale in Pinal County could kick off more industrial development, brokers say
 Article Originally Posted By Phoenix Business Journal On October 22, 2021  When commercial real estate broker Kevin Helland started do...
Continue Reading
Evergreen Devco breaks ground on 258-unit multifamily project in Tolleson
 Article Originally Posted By AZBigMedia On October 21, 2021   Evergreen Devco, Inc., a leading retail and multifamily development...
Continue Reading
$600M acquisition launches Douglas Ranch city of the future in Buckeye
  Article Originally Posted By AZBigMedia On Ocotober 19, 2021   The Howard Hughes Corporation and Jerry Colangelo today anno...
Continue Reading
Glendale, Tucson among 10 best cities to buy a second home
 Article Originally Posted By AZBigMedia On October 15, 2021   Buying a second home may seem like a pipe dream, something reserved...
Continue Reading
Tower Plaza in Phoenix sells for above asking price
 Article Originally Posted By AZBigMedia On October 15, 2021  Phoenix Commercial Advisors facilitated the sale of Tower Plaza, a seven-...
Continue Reading
Construction-cost spikes may prompt some developers to consider delaying, canceling projects
 Article Originally Posted By Phoenix Business Journal On October 15, 2021  There's no question construction material shortages and sub...
Continue Reading
Toy manufacturer signs big industrial lease in Buckeye
 Article Originally Posted By Phoenix Business Journal On October 13, 2021  A Buckeye industrial site landed a major lease with a giant...
Continue Reading
Average cost of new home jumps from $170,000 to $430,000
 Article Originally Posted By AZBigMedia On October 11, 2021    Before the coronavirus outbreak, the homebuilding industry wa...
Continue Reading
Single-family home construction jumps more than 40% in Phoenix, Tucson
 Article Originally Posted By AZBigMedia On October 7, 2021  With unprecedented labor and construction supplies shortages standing in t...
Continue Reading
Phoenix ranked among the 100 most innovative cities in the world
 Article Originally Posted By AZBigMedia on October 4, 2021  B2B financial service platform FINOM.de has released a study showing the b...
Continue Reading
Carvana plans to build a restoration and storage yard on 150 acres in Surprise
 Article Originally Posted By Phoenix Business Journal On September 30, 2021   Online car-retailer Carvana Co. will use the 150 ac...
Continue Reading
Glendale approves annexation and rezoning for 75 acres near Luke Air Force Base
 Article Originally Posted By PhoenixBusinessJournal On September 30, 2021  Glendale City Council has unanimously approved an annexatio...
Continue Reading
Phoenix investor buys Tempe office buildings for $132 million
 Article Originally Posted By Phoenix Business Journal On September 30, 2021  A Phoenix-based office investment firm bought two office ...
Continue Reading
Lucid Motors starts production of Lucid Air in Casa Grande
 Article Originally Posted By AzBigMedia On October 4, 2021    Governor Doug Ducey joined Lucid Motors to celebrate the start...
Continue Reading
$41M Arbor transformation project coming to Downtown Tempe
 Article Originally Posted By AZBigMedia On October 4, 2021   Phoenix-based developer George Oliver has unveiled its redevelopment...
Continue Reading
Intel breaks ground on 2 new semiconductor factories
 Article Originally Posted By AZBigMedia On September 26, 2021   Intel today broke ground on two new semiconductor fabrication fac...
Continue Reading
CBRE sells The Ledges at West Campus in Tucson for $33.75M
 Article Originally Posted By AZBigMedia On September 9, 2021    CBRE arranged the sale of the 205-unit multifamily community...
Continue Reading
Litchfield Park plans to start work on huge city center development
 Article Originally Posted By Phoenix Business Journal On September 7, 2021  After decades of talking about building a city center in L...
Continue Reading
Phoenix leads U.S. with 24M SF of industrial space under construction (2)
 Article Originally Posted By AzBigMedia On September 1, 2021    Across the top 30 markets CommercialEdge surveyed for its ne...
Continue Reading
Zanjero Falls sells for $10M, will be converted to residential
 Article Originally Posted By AzBigMedia On August 31, 2021  Zanjero Falls, a three-story, grey shell building, originally developed to...
Continue Reading
Clayco breaks ground on 26-story Skye on 6th in Downtown Phoenix
 Article Originally Posted By AZBigMedia On August 26, 2021   Today national design-build firm Clayco, along with representatives ...
Continue Reading
Redevelopment of Phoenix's Christown mall into walkable, 'main street' could take decades
 Article Originally Posted By PhoenixBusinessJournal On August 26, 2021  The Alhambra Village Planning Committee on Tuesday got a look ...
Continue Reading
Phoenix approves sale, development, preservation plans for American Legion site
  Article Originally Posted By PhoenixBusinessJournal On August 26, 2021   Phoenix City Council accepted a proposal this week...
Continue Reading
Phoenix is 3rd-fastest-growing metro with below average cost of living
 Article Originally Posted By AZBigMedia On August 26, 2021     Between 2019 and 2020, nearly 29 million Americans moved...
Continue Reading
Phase 3 Of Tempe's Novus Innovation Corridor Nears Completion
 Article Originally Posted On AZBigMedia On August 23, 2021  The Novus Innovation Corridor, a 355-acre master-planned mixed-use develop...
Continue Reading
West Valley sees most industrial construction as Phoenix market breaks records
 Article Originally Posted By Phoenix Business Journal On August 9, 2021  The West Valley saw the most industrial construction in the r...
Continue Reading
Glendale partners with developer to build large mixed-use project near Cardinals stadium
 Article Originally Posted By Phoenix Business Journal On August 10, 2021   A 62 acre parcel near State Farm Stadium and the futur...
Continue Reading
Arrive Ocotillo in Chandler sells for $95.65 million
 Article Originally Posted By AZBigMedia On August 13, 2021  CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch ...
Continue Reading
Facebook will build $800 million data center in Mesa
 Article Originally Posted By AZBigMedia On August 13, 2021     Facebook announced plans today to build the Facebook Mes...
Continue Reading
1.7-million-square-foot 303 Crossroads is coming to Glendale
 Article Originally Posted By AZBigMedia On August 11, 2021   Cresset Real Estate Partners and Clarius Partners have closed on the...
Continue Reading
Industrial park begins construction near Loop 303 in Glendale
 Article Originally Posted By Phoenix Business Journal On August 3, 2021    Construction has begun on an 897,315-square-foot,...
Continue Reading
Phoenix industrial building sells for $33 million
 Article Originally Posted By Phoenix Business Journal On July 30, 2021  A joint venture between Confluent Development and DPC Cos. has...
Continue Reading
Phoenix industrial firm plans 1.2 million square feet in southwest Valley
 Article Originally Posted By Phoenix Business Journal On July 30, 2021  Phoenix-based GO Industrial bought its first parcel of land in...
Continue Reading
Battery cell maker picks West Valley for $500 million plant, will hire 3,000
 Article Originally Posted By Phoenix Business Journal On July 29, 2021  After a search that lasted more than two years and included ov...
Continue Reading
More than 100,000 SF of office leases signed in Camelback Corridor
 Article Originally Posted By AzBigMedia On July 28, 2021   Newmark Knight Frank announced it has negotiated approximately 100,033...
Continue Reading
Phoenix is No. 1 in U.S. for multifamily construction projects
 Article Originally Posted By AzBigMedia On July 30, 2021    U.S. apartment construction volumes are elevated, and a handful ...
Continue Reading
Phoenix leads nation with 25.9% home price increase
 Article Originally Posted By AzBigMedia On July 29, 2021   S&P Dow Jones Indices (S&P DJI) today released the latest resu...
Continue Reading
More than 30% of homes in Tucson, Phoenix are bought with all cash
 Article Originally Posted By AZBigMedia  On July 19, 2021   Nearly one-third (30%) of U.S. home purchases this year were pai...
Continue Reading
Demolition starts on Paradise Valley Mall
 Article Originally Posted On Phoenix Business Journal On July 7, 2021   The redevelopment of Paradise Valley Mall got underway We...
Continue Reading
75 acres of land in Glendale sells for $20.5M (2)
 Article Originally Posted On AZBigMedia On July 16, 2021   Claycorp / CRG bought 75.24 acres of land in Glendale for $20,483,546,...
Continue Reading
More major industrial projects in the works for East, West Valley
 Article Originally Posted On Phoenix Business Journal On July 13, 2021   Developers continue to roll out big plans for industrial...
Continue Reading
Heres Why Scottsdale and Tempe Are Experiencing a Development Boom
 Article Originally Posted By AZBigMedia On July 14, 2021  While the COVID-19 pandemic may have curbed progress for a lot of businesses...
Continue Reading
Luxury apartment community ArLo opens in Arcadia
 Article Originally Posted  On AzBigMedia On July 11, 2021    Valley-based multifamily investment firm Mark-Taylor, toge...
Continue Reading
Here are the 10 biggest commercial real estate deals from June
 Article Originally Posted On AZBigMedia On July 7, 2021    The Arizona commercial real estate industry is red-hot right now,...
Continue Reading
KB Home buys 39.9 acres in Gilbert for $12.99M
 Article Originally Posted On AZBigMedia On July 5, 2021   KB Home bought 39.9 acres of land in Gilbert for $12,999,000, according...
Continue Reading
Wisconsin Multifamily Developer Breaks Ground on Fourth Valley Apartment Project
 Article Originally Posted On Phoenix Business Journal On June 24, 2021  Menomonee Falls, Wisconsin-based Continental Properties has br...
Continue Reading
Demand for Value-Add Multifamily Acquisitions Outpaces Supply
 Article Originally Posted On ReBusiness Online On June 24, 2021  Earlier this year, national real estate investor and operator Waterto...
Continue Reading
Opportunity Index ranks Phoenix 4th among real estate markets
 Article Originally Posted On AZBigMedia On July 2, 2021    According to The Newmark Opportunity Index: Identifying Commercia...
Continue Reading
RED Development breaks ground on $300M The Grove in Phoenix
 Article Originally Posted On AZBigMedia On June 29, 2021    This week, RED Development announced that construction is underw...
Continue Reading
Phoenix among top 15 markets for industrial rent growth
 Article Originally Posted On AZBigMedia On June 27, 2021   Tight vacancies and high demand are sparking bidding wars for industri...
Continue Reading
Mixed-use projects change hands in Tempe, Scottsdale
 Article Originally Posted On Phoenix Business Journal On June 18, 2021  A Canada-based investor has bought 425 S. Mill Avenue, a mixed...
Continue Reading
Site selector: Phoenix positioned well for both office, industrial coming out of Covid
 Article Originally Posted On Phoenix Business Journal On June 18, 2021  Arizona had been experiencing major economic growth before the...
Continue Reading
Construction begins on Fetzer Surgical facility in Scottsdale
 Article Originally Posted On AZBigMedia On June 17, 2021   LGE Design Build, an award-winning, full-service commercial general co...
Continue Reading
Zillows Zestimate Improves by 20% In Phoenix
 Article Originally Posted On AZBigMedia On Jun 17, 2021     Zillow today launches significant upgrades to its Zestimate...
Continue Reading
Phoenix No. 2 in U.S. for increase in home values
 Article Originally Posted On AZBigMedia On June 18, 2021  Continued torrid growth in the housing market paired with a long-awaited bum...
Continue Reading
The new frontier: Loop 303 changes the development game for Glendale
 Article Originally Posted On Phoenix Business Journal On June 11, 2021  Glendale, along with neighboring Goodyear, is a leader in indu...
Continue Reading
Gilbert self-storage facility sells for $17.5 million, as industry remains hot in Arizona
 Article Originally Posted On Phoenix Business Journal On June 10, 2021   A California-based buyer bought a 757-unit self-storage ...
Continue Reading
Decron Properties buys 1221 Broadway in Tempe for $64.75M
 Article Originally Posted On AZBigMedia On June 10, 2021     Decron Properties has made its second acquisition in the P...
Continue Reading
3 highest-price neighborhoods driving hot housing market
 Article Originally Posted On AZBigMedia On June 10, 2021  The Metro Phoenix housing market is red-hot right now, but the highest-price...
Continue Reading
1st Mattel Adventure Park is coming to Glendale
  Article Originally Posted On AZBigMedia On June 11, 2021  Crystal Lagoons Island Resort announced today an agreement with Mattel...
Continue Reading
Real Estate Investment Joint Venture Acquires Vistancia Master-planned Community in Peoria
Article Originally Posted On Phoenix Business Journal On June 5, 2021 Two giant real estate investment firms are partnering to buy the balance of...
Continue Reading
Metro Phoenix home prices reach new high of $450,000 in May
 Article Originally Posted On AZBigMedia On Jun 4, 2021    U.S. median home prices continued its double-digit appreciation in...
Continue Reading
8 Metro Phoenix Data Center Developments To Watch
 Article Originally Posted On AZBigMedia On June 4, 2021  Metro Phoenix data center development continues to surge, particularly in Goo...
Continue Reading
Here's How COVID-19 Is Changing The Face of Commercial Real Estate
 Article Originally Posted On AZBigMedia On June 2, 2021 Workers are expected to come back in full force in the next few months as COVID-19 ...
Continue Reading
Experts: In Less Than a Year Office Will Be Back to Normal
 Article Originally Posted On Globe St. On June 3, 2021 Musings over the “death of office” post-COVID-19 are likely overblown...
Continue Reading
TruAmerica Multifamily Buys 1,000 Apartment Units for $196M
 Article Originally Posted On Globe St. On Ma7 27th, 2021  Los Angeles-based TruAmerica Multifamily has expanded its footprint in Phoen...
Continue Reading
Here's Why Metro Phoenix Has Become A Darling For Data Centers
 Article Originally Posted On AZBigMedia On May 27, 2021    Data centers in the Greater Phoenix area saw absorption rates up ...
Continue Reading
How Taiwan Semiconductor's New Factory Will Transform The City's North Side
Original Article Posted On Phoenix Business Journal On May 28, 2021 Phoenix is on the cusp of an unprecedented direct foreign investment infusion...
Continue Reading
Here's Why Pinal is Poised For Boom In Development
Original Article Posted On AZBigMedia On May 28, 2021    Situated midway between Arizona’s two largest cities, Phoenix and T...
Continue Reading
Tempe Named Among World's Smart 50 Cities
 Article Originally Posted On AzBigMedia On May 25, 2021   Alongside cities from Canada, Hong Kong, Israel and Chile, the City of ...
Continue Reading
How the Intel $20B investment will transform Arizona economy
 Article Originally Posted On AZBigMedia On May 24, 2021   Arizona’s reputation as a technology industry leader continues to...
Continue Reading
Tempe office building now under construction is first of its kind in Arizona
 Article Originally Posted On Phoenix Business Journal On May 17, 2021  Construction has begun on the Beam on Farmer, a 5-story, 184,00...
Continue Reading
Glendale will break ground on Heroes Regional Park Lake
 Article Originally Posted On AZBigMedia On May 21, 2021    The shovels are ready to turn some earth and make a lake. The cit...
Continue Reading
Former Phoenix semiconductor manufacturing site to be redeveloped
 Article Originally Posted On Phoenix Business Journal On May 13, 2021  A former Phoenix Motorola manufacturing facility was sold and w...
Continue Reading
500-acre northern Arizona land parcel in escrow for 1,000 homes, theme park
 Article Originally Posted on Phoenix Business Journal on May 18, 2021   Developers in escrow for a 500-acre parcel of private lan...
Continue Reading
Phoenix office transaction activity jumps 215%
 Article Originally Posted On AZBigMedia On May 17, 2021    Phoenix’s office transaction activity picked up the pace in Marc...
Continue Reading
Phoenix is No. 1 in nation for monthly rent growth
 Article Originally Posted On AZBigMedia On May 14, 2021     Nationally, effective asking rents for U.S. apartments clim...
Continue Reading
Massive 1.5M SF industrial project will front 202 Freeway in Mesa (2)
 Article Originally Posted On AZBigMedia On May 5, 2021   A massive new industrial project is set for development on a key 101-acr...
Continue Reading
360-degree views: Tempe Town Lake office building completes construction
Article Originally Posted on Phoenix Business Journal on April 24, 2021  Construction is completed at 999 Playa del Norte, a 94,000-square-f...
Continue Reading
$10 million renovation, rebrand planned for downtown Phoenix high-rise
 Article Originally Posted on Phoenix Business Journal on April 27, 2021 After Sumitomo Corporation of Americas bought the Collier Center in...
Continue Reading
Phase 3 Construction Begins on 1.1M SF Metro East Valley Commerce Center
  Article originally posted on AZBigMedia on April 29, 2021  The joint venture of Tempe-based Metro Commercial Properties and...
Continue Reading
Peoria Could Land Full-service Hotel and More with $510 Million Development that Came with a Steep Subsidy
 Article originally posted on AZ Central on April 29, 2021  Peoria offered up a steep subsidy to move forward with a $510 million proje...
Continue Reading
Massive 1.5M SF industrial project will front 202 Freeway in Mesa
  Article originally posted on AZBigMedia on April 28, 2021     A massive new industrial project is set for develop...
Continue Reading
Phoenix ranks as No. 1 market for self storage construction
Article originally posted on AZBigMedia on April 26, 2021    The self storage sector maintained its strength throughout the first...
Continue Reading
Construction wraps up on north Scottsdale spec office building
Article Originally Posted on Phoenix Business Journal on April 21, 2021  Axis Raintree, a 175,112-square-foot speculative office building, d...
Continue Reading
Kimco to Buy Weingarten Realty for $3.87B
  Article originally posted on Globe St. on April 15, 2021 Shopping center REIT Kimco Realty has announced it will acquire rival REIT Weinga...
Continue Reading
Arizona is the No. 7 most popular state in which to move
 Article originally posted on AZBigMedia on April 16, 2021 Arizona was the seventh most popular state to move to in 2020, according to a rec...
Continue Reading
LGE breaks ground on 10 West Commerce Center in Buckeye
Article originally posted on AZBigMedia on April 15, 2021     LGE Design Build, a full-service design and general contracting...
Continue Reading
Mesa, Arizona, Office Tower Trades for Record of Almost $40 Million
 Article originally posted on CoStar on April 15, 2021A joint venture that includes Los Angeles developer Barker Pacific Group has sold the Mesa ...
Continue Reading
352-Unit California Multifamily Trades for $88M
Article originally posted on Globe St. on April 16, 2021 COLTON, CA – Tower 16 Capital Partners has sold its 352-unit multifamily property...
Continue Reading
The 10 Best Places to Move in Arizona in 2021
Article originally posted on AZBigMedia on April 13, 2021   Are you moving to Arizona this year? Join the club. But where are the ...
Continue Reading
Phoenix Named Top Growth Market for Big-Box Industrial: CBRE
Article originally posted on Commercial Property Executive on April 7, 2021The latest report from CBRE has named Phoenix as the top growth market in t...
Continue Reading
Net Lease Cap Rates Hit Historic Lows
   Article originally posted on Globe St. on April 5, 2021  In the first quarter, the single-tenant net lease sector reached ...
Continue Reading
Investor Demand Drives Alternative Investment Into the Spotlight
Article originally posted on AZBigMedia on April 4, 2021In a turbulent year with overall U.S. commercial real estate volume decline, increased activit...
Continue Reading
33 lots in North Phoenix sell for more than $5M
Article originally posted on AzBigMedia on April 4, 2021    Taylor Morrison, the nation’s fifth largest homebuilder and deve...
Continue Reading
Macerich Sells $100M Property for Phoenix Redevelopment Project
Article originally posted on Globe St. on April 1, 2021  PHOENIX, AZ – Owner, operator and developer, Macerich has sold Paradise Valle...
Continue Reading
5 Hottest Neighborhoods for Housing in the East Valley
Article originally posted on AzBigMedia on March 31, 2021Housing prices across the Valley exploded last year even as the area lost tens of thousands o...
Continue Reading
Phoenix Multifamily Market Hits $42B in Sales Over the Last Decade
Article originally posted on Globe St. on March 31, 2021The Phoenix multifamily market is officially among the top in the nation. According to a ...
Continue Reading
Paradise Valley Mall sold to Phoenix developer
Article originally posted on Phoenix Business Journal on April, 2021  The developer leading the charge to completely reimagine Paradise Vall...
Continue Reading
Need Retail Space? Circle K Parent Company puts 17 Locations in Arizona up for Sale
Article originally posted on Phoenix Business Journal on March 30, 2021The Canadian company that owns the giant Valley-based convenience store ch...
Continue Reading
$15,000 Proposed Tax Credit Could Help 31% of Metro Phoenix Renters buy a Home
Article originally posted on AZCentral on March 23, 2021A proposed $15,000 federal tax credit for homebuyers could be enough to help almost one-t...
Continue Reading
Phoenix named No. 1 growth market for big-box industrial sector
 Article Originally Posted On AZBigMedia On March 29, 2021 Phoenix was named the top growth market in North America for large-warehouse leas...
Continue Reading
Phoenix is No. 4 among top targets for CRE investment in 2021
Article Originally Posted On AZBigMedia On March 28, 2021A recent survey of commercial real estate investors ranked Phoenix as a Top 10 target among A...
Continue Reading
Amazon building new facilities in Glendale, Tucson
Article Originally Posted On Phoenix Business Journal On March 23, 2021  E-commerce giant Amazon.com is building two new sortation centers i...
Continue Reading
Arizona companies primed for growth as Phoenix becomes national semiconductor hub
Article Originally Posted On Phoenix Business Journal On March 29, 2021   Just last week Intel announced a $20 billion investment to build t...
Continue Reading
Intel is Spending $20 Billion to Build two new Chip Plants in Arizona
 Article originally posted on CNBC on March 23, 2021   Intel announced on Tuesday that it will spend $20 billion to build two...
Continue Reading
Home prices post 17% annual gain, largest in at least 5 years
 Article Originally Posted On AZBigMedia On March 19, 2021 The median home sale price increased 17% year over year to $330,250—an all-...
Continue Reading
Meritage Homes buys 25 acres in Maricopa for $9.7M
 Article Originally Posted On AZBigMedia On March 15, 2021 Meritage Homes acquired 25.43 acres of land in Maricopa for $9,702,000, according...
Continue Reading
Construction begins on new Gatorade warehouse in Tolleson
Article Originally Posted On Phoenix Business Journal On March 20, 2021  Phoenix-based developer Merit Partners is beginning construction o...
Continue Reading
Robinhood set for big office space lease in East Valley
 Article Originally Posted On Phoenix Business Journal On March 6, 2021  Robinhood, the app that allows users to invest in stocks and e...
Continue Reading
Glendale industrial building sells for $15M to manufacturer of factory-built housing
 Article Originally Posted On Phoenix Business Journal On March 16, 2021 Phoenix-based Cavco Industries Inc. bought 118,241-square-foot clas...
Continue Reading
Loop 303 corridor becomes global center for development
Article Originally Posted On AZBigMedia On March 19, 2021 The drive along the 36-mile length of the Loop 303 freeway in the West Valley takes wel...
Continue Reading
GE nears deal to sell plane leasing unit to AerCap for more than $30bn
 Article Originally Posted On Phoenix Business Journal On March 8, 2021General Electric is nearing a deal to sell its aircraft leasing business t...
Continue Reading
2.1M SF Goodyear Innovation Centre takes big step forward
  Article Originally Posted On AZBigMedia On March 15, 2021The Innovation Centre mixed-use project is moving forward, with Keystone Equities...
Continue Reading
$177M Milhaus North Tempe will break ground in Opportunity Zone
Article Originally Posted On AZBigMedia On March 8, 2021Milhaus, a national award-winning developer, owner and operator of Class-A multifamily propert...
Continue Reading
5 hottest real estate markets in Arizona
Article Originally Posted On AZBigMedia On March 14, 2021 The U.S. housing market has weathered a challenging 2020. Unprecedented events such as ...
Continue Reading
Redevelopment plans take shape for Christown mall in Phoenix
 Article Originally Posted On Phoenix Business Journal On March 9, 2021The oldest operating indoor mall in Phoenix, Christown Spectrum, is set f...
Continue Reading
Mayo Clinic to build $131M education and research building on Phoenix hospital campus
Article Originally Posted On Phoenix Business Journal On Feb 26, 2021Rochester, Minnesota-based Mayo Clinic is planning to build a $131 million educa...
Continue Reading
Arizona businesses, restaurants can reopen at 100% occupancy, Ducey orders
Arizona is 100% open for business.Article Originally Posted On Phoenix Business Journal On March 5, 2020 Gov. Doug Ducey announced in a series of twee...
Continue Reading
Sprouts Farmers Market announces new Arizona stores
Article Originally Posted On AZBigMedia On March 8, 2020 Sprouts Farmers Market today announced a series of new stores, including four with a new...
Continue Reading
Top 10 Cheapest Places To Live In Arizona
Article Originally Posted On AZBigMedia On March 5, 2020Arizona also home to two popular universities, multiple national parks (ever heard of the Gra...
Continue Reading
5 Buckeye land deals fetch more than $15M
 Article Originally Posted On AZBigMedia On March 5, 2020 Five recent land deals in Buckeye brought in more than $15 million total, accordin...
Continue Reading
Arizona ranks No. 4 among safest states
Article Originally Posted On AZBigMedia On March 5, 2020Expertise.com, a top resource that evaluates and publishes the best local experts, has publish...
Continue Reading
Valleywise Health Marks Construction Milestone on New $596M Phoenix Hospital (2)
Valleywise Health marks construction milestone on new $596M Phoenix hospitalArticle Originally Posted On Phoenix Business Journal On March 2, 2020&nbs...
Continue Reading
Federal Judge Deals a Blow to CDC's Residential Eviction Moratorium
Federal Judge Deals a Blow to CDC's Residential Eviction Moratorium Article originally posted on CoStar on February 27, 2021  Decision ...
Continue Reading
Mullin360 Will Turn Old Sam's Club Into Casa Grande Auto Park
Mullin360 Will Turn Old Sam’s Club into Casa Grande Auto ParkArticle originally posted on AZBigMedia on February 24, 2021An old shopping center ...
Continue Reading
Arizona's Post Covid Recovery Will Be 'Incredibly Fast'
Economist: Arizona’s Post-Covid Recovery Will be ‘Incredibly Fast’ Article originally posted on Phoenix Business Journal on Feb...
Continue Reading
US. Retail Sales in 2021 to Rise 6.5% to 8.2% Amid Vaccine Rollout, Says NRF
US. Retail Sales in 2021 to Rise 6.5% to 8.2% Amid Vaccine Rollout, Says NRFArticle originally posted on ChainStoreage.com on February 25, 2021Retail ...
Continue Reading
Tempe Annexes Part Of County Island For New Development
Tempe Annexes Part Of County Island For New DevelopmentArticle originally posted on kjzz.org on February 25, 2021The Tempe City Council is hoping...
Continue Reading
Scottsdale Homebuilder Pays $25M for Large Tract of Land
Scottsdale Homebuilder Pays $25M for Large Tract of Land Along Loop 303 Article originally posted on Phoenix Business Journal on February 2...
Continue Reading
Arizona Expected to Add 325,000 Jobs by Spring 2022
Arizona Expected to Add 325,000 Jobs by Spring 2022Article originally posted on AZBigMedia on February 19, 2021A new report released by the Arizo...
Continue Reading
Arizona Ranks No. 5 for Migration Growth
Arizona Ranks No. 5 for Migration Growth   Article originally posted on  AZBigMedia on February 15, 2021If you’re of the opi...
Continue Reading
Phoenix No. 2 Among Hottest Housing Markets of 2021
Phoenix No. 2 Among Hottest Housing Markets of 2021Article originally posted on AZBigMedia on February 12, 2021Phoenix will be America’s se...
Continue Reading
Luxury Grayson Place Apartments Open in Goodyear, Arizona
Luxury Grayson Place Apartments Open in Goodyear, ArizonaArticle originally posted on CoStar on February 19, 2021Developer Trammell Crow Co. commenced...
Continue Reading
Tempe Expands Boundaries For The First Time Since 2006
Tempe Expands Boundaries For The First Time Since 2006Article originally posted on Patch.com on February 19, 2021TEMPE, AZ — Tempe is addin...
Continue Reading
Phoenix Ranks No. 6 Among Hottest Multifamily Markets
Phoenix Ranks No. 6 Among Hottest Multifamily MarketsArticle originally posted on AZ Big Media on February 18, 2021New research shows that Phoenix is ...
Continue Reading
Phoenix Megaproject Closer to Groundbreaking
Phoenix Megaproject Closer to GroundbreakingArticle originally posted on Commercial Property Executive on February 16, 2021After receiving rezoning ap...
Continue Reading
Boston Investor Makes Arizona Debut with Plans for Major Acquisitions
Boston Investor Makes Arizona Debut with Plans for Major AcquisitionsArticle originally posted on Phoenix Business Journal on February 8, 2021 &n...
Continue Reading
At 70%, Renewals Dominate Office Leasing
At 70%, Renewals Dominate Office LeasingArticle originally posted on Globe St. on February 8, 2021Lease renewals accounted for 70% of office leasing a...
Continue Reading
Effort Underway to Lower Property Taxes for Arizona Businesses
Effort Underway to Lower Property Taxes for Arizona BusinessesArticle originally posted on Tuscon.com on February 4, 2021 Arizona Republican...
Continue Reading
California-based Burger Chain Finalizes Two More New Locations in Arizona
California-based Burger Chain Finalizes Two More New Locations in ArizonaArticle originally posted on Phoenix Business Journal on February 4, 2021&nbs...
Continue Reading
Banner Health Launches Nearly $400 Million East Valley Expansion
Banner Health Launches Nearly $400 Million East Valley ExpansionArticle originally posted on AZ Big Media on February 9, 2021 Nonprofit Banner He...
Continue Reading
Phoenix Leads Nation with Biggest Net Inflow in 2020
Phoenix Leads Nation with Biggest Net Inflow in 2020Article originally posted on AZ Big Media on February 8, 2021 Nationwide, 27.8% of Redfin.com...
Continue Reading
Multifamily Fundamentals Expected to Stabilize By Q2
Multifamily Fundamentals Expected to Stabilize By Q2Article originally posted on Globe St. on February 9, 2021 Multifamily fundamentals are expec...
Continue Reading
Big Box Cap Rates Drop
Big Box Cap Rates DropArticle originally posted on Globe St. on February 11, 2021 As investors chased big box assets with investment-grade, essen...
Continue Reading
Samsung Seeks Home for $17B Factory Russ Wiles Arizona Republic
Could Phoenix Land Another Massive Semiconductor Plant? Samsung Seeks Home for $17B Factory Russ Wiles Arizona RepublicArticle originally posted on AZ...
Continue Reading
Window closing for good deals as home prices, mortgage rates rise in metro Phoenix
Window closing for good deals as home prices, mortgage rates rise in metro Phoenix Article originally posted on Phoenix Business Journal on ...
Continue Reading
The Adeline in Phoenix Reaches Construction Milestone
The Adeline in Phoenix Reaches Construction MilestoneArticle originally posted on Commercial Executive Magazine on February 2, 2021Hines, the internat...
Continue Reading
Despite COVID, housing prices soar in the Phoenix area
Despite COVID, housing prices soar in the Phoenix area Article originally posted on AZFamily on January 14, 2021 Phoenix is expected to...
Continue Reading
6 Arizona real estate projects to watch
6 Arizona real estate projects to watchAbove: The Manor Scottsdale. Article originally posted on AZBigMedia on January 30, 2021  T...
Continue Reading
Phoenix, Inland Empire Are the Top Industrial Markets in 2020
Phoenix, Inland Empire Are the Top Industrial Markets in 2020 Article originally posted on Globe St. on January 29, 2021  In 2020, the ...
Continue Reading
2021 Could Deliver Strongest Growth Since 1984
2021 Could Deliver Strongest Growth Since 1984Article originally posted on Globe St. on February 1, 2021Many economists aren’t just expecting a ...
Continue Reading
The Hottest Real Estate Markets 2020 Edition
The Hottest Real Estate Markets [2020 Edition] Article...
Continue Reading
Transactions and Financings
Transactions & Financings LCS Assumes Operations of Rose Senior Living; United Church Homes’ New Development Venture Article originally p...
Continue Reading
Single-Family Rents Rebound, Now Exceed Pre-Pandemic Levels
Single-Family Rents Rebound, Now Exceed Pre-Pandemic LevelsArticle originally posted on RealtorMagazine on January 19, 2021 After a slowdown in r...
Continue Reading
Multifamily rents drop as pandemic impact persists
Multifamily rents drop as pandemic impact persistsArticle originally posted on AZBigMedia on January 19, 2021 2020 will go down as the year COVID...
Continue Reading
Mortgage applications reveal a flood of Californians moving to Arizona
Mortgage applications reveal a flood of Californians moving to ArizonaArticle originally posted on AZBigMedia on January 19, 2021  Fulton Ho...
Continue Reading
10 cheapest places to live in Arizona
10 cheapest places to live in Arizona Article originally posted on AZBigMedia on January 20, 2021 Arizona also home to two popular universit...
Continue Reading
Housing Market Boom May Tempt Sellers to Overprice
Housing Market Boom May Tempt Sellers to OverpriceArticle originally posted on RealtorMagazine on January 19, 2021  Buyers beware: It’...
Continue Reading
Here is what commercial real estate experts predict for 2021
Here’s what commercial real estate experts predict for 2021Article originally posted on AZBigMedia on January 12, 2021 There was a lot of b...
Continue Reading
How Amazon has impacted the Arizona economy
How Amazon has impacted the Arizona economy Article originally posted on AZBigMedia on January 6, 2021 Above: According to research by MWPVL...
Continue Reading
45 commercial real estate companies to watch in 2021
45 commercial real estate companies to watch in 2021Article Originally Posted on AZbigMedia  on January 14, 2021 When 2020 began, the commer...
Continue Reading
Just Sold Another!
Just Sold Another!
Continue Reading