Real Estate Blog

Tucson says $50 million grant will kick off ‘transformational’ redevelopment
  Article Originally Posted by AZBigMedia on July 28, 2023 Tucson officials said a $50 million federal grant will allow the city to beg...
Continue Reading
Phoenix could build 32,000 new homes on its vacant land, analysis shows
 Article Originally Posted by AZBigMedia on July 28, 2023 As Phoenix's population continues to surge, with over 30,000 newcomers in the last...
Continue Reading
Iconic Paradise Valley church to be torn down to make way for luxury homes (2)
 Article Originally Posted by PhoenixBusinessJournal on July 28, 2023 The iconic Ascension Lutheran Church in Paradise Valley — practi...
Continue Reading
Developer close to building out huge Phoenix industrial park along Loop 202
 Article Originally Posted by PhoenixBusinessJournal on July 27, 2023 A manufacturer has signed on to a massive logistics park at the northe...
Continue Reading
Labor group that opposed Coyotes' arena wants Glendale resort incentives placed on ballot
 Article Originally Posted by PhoenixBusinessJournal on July 28, 2023  Worker Power Institute, an Arizona nonprofit, wants the public t...
Continue Reading
Five-star hotel, condos and more proposed for redevelopment of former CrackerJax amusement park
 Article Originally Posted by PhoenixBusinessJournal on July 6, 2023 A year after the CrackerJax amusement park closed down in north Scottsd...
Continue Reading
$18M waterslide project opens at JW Marriott Phoenix Desert Ridge Resort & Spa
 Article Originally Posted by PhoenixBusinessJournal on July 7, 2023 The JW Marriott Phoenix Desert Ridge Resort & Spa has just opened i...
Continue Reading
724K SF Mission Park industrial project breaks ground in Buckeye (2)
 Article Originally Posted by AZBigMedia on July 5, 2023 Martens Development, a Scottsdale-based development firm that is active throughout ...
Continue Reading
Mesa City Council approves massive The Block on Elliot project
 Article Originally Posted by AZBigMedia on July 5, 2023 Shopoff Realty Investments announced today it has secured unanimous approval from t...
Continue Reading
Packaging and logistics company moves into new Glendale warehouse
 Article Originally Posted by PhoenixBusinessJournal on June 29, 2023 The growth of the semiconductor industry in the Phoenix metro has give...
Continue Reading
Phoenix progresses on entertainment district, business district expansion
 Article Originally Posted by PhoenixBusinessJournal on June 30, 2023 The city of Phoenix is taking major steps toward growing and revitaliz...
Continue Reading
Metro Phoenix rent prices see third-biggest decrease in U.S.
 Article Originally Posted by AZBigMedia on June 29, 2023 The Realtor.com May Rental Report found that renters are beginning to see some rel...
Continue Reading
Fifth and final tower opens at Optima Kierland in North Scottsdale
 Article Originally Posted by AZBigMedia on June 28, 2023 Award-winning real estate development firm Optima announced today the grand openin...
Continue Reading
724K SF Mission Park industrial project breaks ground in Buckeye
 Article Originally Posted by AZBigMedia on June 26, 2023  Martens Development, a Scottsdale-based development firm that is active thro...
Continue Reading
Scottsdale ranks No. 3 among best cities for renters in U.S.
 Article Originally Posted by AZBigMedia on June 22, 2023 Finding the right apartment in the right place is no easy task these days, regardl...
Continue Reading
$180 million Santan Mountain Casino will open June 30
 Article Originally Posted by AZBigMedia on June 20, 2023 The largest gaming enterprise in the valley, Gila River Resorts & Casinos, wil...
Continue Reading
Phoenix is No. 1 for new single-family build-to-rent development
 Article Originally Posted by AZBigMedia on June 9, 2023 Following several years of rapid growth, the single-family build-to-rent sector is ...
Continue Reading
Amazon opens one of its biggest US facilities in East Valley (2)
 Article Originally Posted by PhoenixBusinessJournal on June 9, 2023 Amazon.com’s newest facility in Mesa is one of the largest of its...
Continue Reading
Desert Ridge Marketplace adds 4 new tenants
 Article Originally Posted by AZBigMedia on June 9, 2023 Desert Ridge Marketplace, recognized as a premier shopping, dining and entertainmen...
Continue Reading
Pinal County housing grows at the fastest rate in the state
 Article Originally Posted by AZBigMedia on June 1, 2023 It’s unclear which came first in Pinal County, the houses or the people filli...
Continue Reading
Chicago firm starts work on Scottsdale luxury condos, 7 other real estate deals to know
 Article Originally Posted by PhoenixBusinessJournal on June 1, 2023 Chicago-based Belgravia Group Ltd. has broken ground on a $100 million ...
Continue Reading
Gantry secures financing for Park 10 retail construction in Avondale
 Article Originally Posted by AZBigMedia on June 1, 2023 Gantry, the largest independent commercial mortgage banking firm in the U.S., has s...
Continue Reading
Phoenix No. 2 in U.S. as build-to-rent homes see threefold increase
 Article Originally Posted by AZBigMedia on June 6, 2023 After years of surging home prices and more renters staying away from a mortgage co...
Continue Reading
Semiconductor supplier expands, adds chemical warehouse in Casa Grande (2)
 Article Originally Posted by PhoenixBusinessJournal on May 25, 2023 Chemical Strategies Inc. is expanding with a new location south of Phoe...
Continue Reading
Developer secures large loan for multibillion-dollar Tempe Town Lake project
 Article Originally Posted by PhoenixBusinessJournal on May 24, 2023  The developer of South Pier along Tempe Town Lake has secured a h...
Continue Reading
6 new tenants coming to Paradise Valley Mall redevelopment
 Article Originally Posted by AZBigMedia on May 23, 2023   RED Development today revealed six new tenants are opening at PV, the highly...
Continue Reading
How Downtown Phoenix is evolving into a housing hot spot
 Article Originally Posted by AZBigMedia on May 16, 2023 Prior to the early 2000s, Downtown Phoenix was not the bustling, vibrant city we kn...
Continue Reading
Here's How Phoenix-Mesa Gateway Airport area has become a hotbed for big deals
 Article Originally Posted by AZBigMedia on May 19, 2023 Located on the southeastern edge of the Valley, the Phoenix-Mesa Gateway Airport ha...
Continue Reading
7 Downtown Phoenix housing developments under construction
 Article Originally Posted by AZBigMedia on May 19, 2023 Downtown Phoenix has become a hot spot for multifamily housing developments as more...
Continue Reading
How tech-centric office markets are faring with reduced demand for space
 Article Originally Posted by PhoenixBusinessJournal on May 17, 2023 Office-leasing volume is down across most industries but weak demand an...
Continue Reading
Gila River Tribe to Debut 4th Arizona Casino
 Article Originally Posted by ConnectCRE on May 19, 2023 The Gila River Indian Community is opening the Santan Mountain Casino June 30th, to...
Continue Reading
Developer secures major loan to finish construction at $2B Paradise Valley community
 Article Originally Posted by PhoenixBusinessJournal on May 12, 2023 Scottsdale-based Five Star Development has secured a massive loan to co...
Continue Reading
5 Arizona cities rank among 50 most desired cities by renters (2)
 Article Originally Posted by AZBigMedia on May 7, 2023 RentCafe's brand-new monthly rental activity report is here, based on proprietary da...
Continue Reading
How Downtown Phoenix is evolving into a housing hot spot (2)
 Article Originally Posted by AZBigMedia on May 12, 2023 Prior to the early 2000s, Downtown Phoenix was not the bustling, vibrant city we kn...
Continue Reading
Reusable container manufacturer building new facility in the West Valley, to hire 100
 Article Originally Posted by PhoenixBusinessJournal on May 11, 2023 Los Angeles-based Rehrig Pacific Co. plans to build a manufacturing pla...
Continue Reading
Could Southern Arizona become battery manufacturing capital?
 Article Originally Posted by AZBigMedia on May 11, 2023 Southern Arizona is establishing itself as a battery capital in the United States a...
Continue Reading
320-acre retail destination Five North at Vistancia takes shape in Peoria
 Article Originally Posted by AZBigMedia on May 1, 2023 The Vistancia master-planned community’s 320-acre commercial and retail destin...
Continue Reading
5 Arizona cities rank among 50 most desired cities by renters
 Article Originally Posted by AZBigMedia on May 1, 2023  RentCafe's brand-new monthly rental activity report is here, based on propriet...
Continue Reading
Sedona and Flagstaff rank among best Airbnb markets for cabins
 Article Originally Posted by AZBigMedia on April 28, 2023 “Where should I invest in vacation rentals?” If you're looking for th...
Continue Reading
A look inside $1B VAI Resort opening in Arizona in 2024
 Article Originally Posted by AZBigMedia on April 28, 2023 Imagine a $1 billion, 60-acre resort oasis destination rising from the Arizona de...
Continue Reading
SkyBridge Arizona on track to be first-of-its-kind Unified Cargo Processing facility
 Article Originally Posted by AZBigMedia on April 26, 2023  Close on the heels of its 250,000-square-foot “Building 109” gr...
Continue Reading
Urban Outfitters takes industrial space in East Valley
 Article Originally Posted by PhoenixBusinessJournal on April 28, 2023 Urban Outfitters has found industrial space in the East Valley to ser...
Continue Reading
Take a look inside Tempe's newly finished Omni Hotel
 Article Originally Posted by PhoenixBusinessJournal on April 27, 2023 The largest hotel in Tempe and one of the largest new conference hosp...
Continue Reading
5 Reasons we won't see a housing market crash soon
 Article Originally Posted by AZBigMedia on April 3, 2023 The housing market is stabilizing in 2023, not crashing. Here are five reasons we ...
Continue Reading
How Glendale used Super Bowl to kick off development rush
 Article Originally Posted by AZBigMedia on April 3, 2023 In 2015, the City of Glendale hosted Super Bowl XLIX, where the New England Patrio...
Continue Reading
Metro Phoenix ranks No. 3 among U.S. cities for most vacant land
 Article Originally Posted by AZBigMedia on April 3, 2023  Cities rise and fall based on the decisions they make regarding the best use...
Continue Reading
25-story apartment tower proposed for busy corner of Tempe; other real estate deals to know
 Article Originally Posted by PhoenixBusinessJournal on March 30. 2023 A 25-story apartment tower is proposed for the northeast corner of Mi...
Continue Reading
Developers eye multifamily use for The Ranch in Gilbert in effort to work together with neighbors
 Article Originally Posted by PhoenixBusinessJournal on April 3, 2023  Just months after Gilbert residents repeatedly halted Town Counc...
Continue Reading
Increase in Arizona home prices no longer top in the nation (3)
  Article Originally Posted by AZBigMedia on March 29, 2023  Arizona home prices rose 6.3% between the fourth quarter of 2021 and ...
Continue Reading
How mortgage rate drop will impact Phoenix housing market
 Article Originally Posted by AZBigMedia on March 28, 2023 The latest mortgage rate drop has enticed some previously reserved homebuyers bac...
Continue Reading
CapRock Partners buys 130,800 SF industrial building in Phoenix
 Article Originally Posted by AZBigMedia on March 20, 2023  CapRock Partners, a leading industrial real estate investor, developer and ...
Continue Reading
Developer files initial plans to redevelop shuttered Fiesta Mall in Mesa
 Article Originally Posted by PhoenixBusinessJournal on March 17, 2023 Steps are now being taken to redevelop the shuttered Fiesta Mall in M...
Continue Reading
Phoenix ranks No. 2 for most industrial real estate under construction
 Article Originally Posted by AZBigMedia on March 16, 2023 With a total of over 52 million square feet of industrial space under development...
Continue Reading
How Silicon Valley Bank's collapse could impact its Tempe office space
 Article Originally Posted by PhoenixBusinessJournal on March 14, 2023 The collapse of Silicon Valley Bank could leave space at a prominent ...
Continue Reading
Chandler approves $2.4 million in municipal airport projects
 Article Originally Posted by PhoenixBusinessJournal on March 13, 2023 The city of Chandler approved more than $2.4 million in funding for a...
Continue Reading
3-building Pecos Center breaks ground in Mesa Advanced Manufacturing Zone
 Article Originally Posted by AZBigMedia on March 9, 2023   Phelan Development broke ground on its Pecos Center I last Thursday wi...
Continue Reading
Phoenix ranks No. 5 nationally for data center leasing activity
Article Originally Posted by AZBigMedia on March 7, 2023 Activity from out-of-state technology companies drove unprecedented data center leasing ...
Continue Reading
Tucson No. 1 in nation for increase in size of apartments (2)
Article Originally Posted by AZBigMedia on February 28, 2023 If you’ve recently searched for a rental and got the feeling that new apartmen...
Continue Reading
Arizona is No. 2 state for commercial real estate development
 Article Originally Posted by AZBigMedia on February 27, 2023  When it comes to commercial real estate development, Arizona is the seco...
Continue Reading
How Scottsdale Road and the Loop 101 became hot spot for luxury buyers
 Article Originally Posted by AZBigMedia on February 26, 2023  The Valley is home to some of the most beautiful luxury real estate in t...
Continue Reading
Landsea Homes breaks ground on Marlowe in Glendale
 Article Originally Posted by AZBigMedia on February 27, 2023 Landsea Homes Corporation, a publicly traded residential homebuilder, announce...
Continue Reading
Dave and Buster's preparing to open its fourth location in Phoenix metro
Article Originally Posted by PhoenixBusinessJournal on February 24, 2023 Restaurant, bar and arcade concept Dave & Buster's Entertainment Inc...
Continue Reading
New speculative industrial park proposed for Casa Grande
Article Originally Posted by PhoenixBusinessJournal on February 27, 2023 A new speculative industrial project is planned for Casa Grande, a Pinal...
Continue Reading
Meta Platforms sells East Valley land to data center developer
 Article Originally Posted on PhoenixBusinessJournal on February 22, 2023  Amid a large investment in the Phoenix metro, EdgeCore Inter...
Continue Reading
Commercial real estate executives are optimistic about future market conditions (2)
 Article Originally Posted by AZBigMedia on February 17, 2023  The Real Estate Roundtable’s Q1 Economic Sentiment Index reports t...
Continue Reading
Landsea Homes breaks ground on 681 new homes in Goodyear
 Article Originally Posted by AZBigMedia on February 16, 2023 Landsea Homes (Nasdaq: LSEA), a publicly traded residential homebuilder, annou...
Continue Reading
Office complex near Metrocenter Mall in Phoenix undergoing renovation
 Article Originally Posted by PhoenixBusinessJournal on February 17, 2023 The new owner of office buildings in north Phoenix is banking on t...
Continue Reading
Major Valley employer puts half of Tempe office space up for sublease
 Article Originally Posted by PhoenixBusinessJournal on February 16, 2023 Seeing success in its employees working on a hybrid model, Achieve...
Continue Reading
Demand for Scottsdale Airpark commercial space far exceeds supply
 Article Originally Posted by AZBigMedia on February 16, 2023  Colliers in Arizona has released the annual Greater Scottsdale Airpark 2...
Continue Reading
1st 3D-printed homes from Diamond Age go on sale
 Article Originally Posted by AZBigMedia on January 18, 2023 Phoenix-based Diamond Age, a full-stack robotics innovator with the mission of ...
Continue Reading
Fry's to open new Valley locations; more retailers set for Peoria; 10 other deals to know
Article Originally Posted by PhoenixBusinessJournal on January 26, 2023 Fry's Food Stores is planning on bringing several new stores to the fast-...
Continue Reading
Sub-Zero kitchen appliance maker adds another facility in Goodyear
 Article Originally Posted by PhoenixBusinessJournal on January 27, 2023 Phoenix-based ViaWest Group and Scottsdale Investment Management br...
Continue Reading
ViaWest and Willmeng break ground on Sub-Zero industrial project
 Article Originally Posted by AZBigMedia on January 27, 2023 ViaWest Group, a Phoenix-based, full-service commercial real estate firm, began...
Continue Reading
Whole Foods-anchored River Center in Tucson sells for $31.1M
Article Originally Posted by AZBigMedia on January 27, 2023 JLL Capital Markets announced today that it has closed the $31.1 million sale of Rive...
Continue Reading
$1B Optima McDowell Mountain Village will break ground in 2023
 Article Originally Posted by AZBigMedia on December 22, 2022  Award-winning real estate development firm, Optima, announced today plan...
Continue Reading
Year in Review: Logistics, e-commerce companies drove lease demand in Phoenix metro in 2022
 Article Originally Posted by PhoenixBusinessJournal on December 20, 2022  The Phoenix metro had another big year for leasing in the in...
Continue Reading
Ground breaks on Verde Medical Center in Gilbert
 Article Originally Posted by AZBigMedia on December 19, 2022   Groundbreaking took place earlier this month on Verde Medical Cent...
Continue Reading
Developer targets January groundbreaking for new entertainment hub in Scottsdale
 Article Originally Posted by PhoenixBusinessJournal on December 19, 2022 A year after pivoting the development plans from office to enterta...
Continue Reading
10 most expensive zip codes in Arizona
 Article Originally Posted by AZBigMedia on December 15, 2022   As mortgage rates reached 20-year highs and the economy began to f...
Continue Reading
5-building Thunderbird Business Park portfolio sells for 1st time in 20 years
 Article Originally Posted by AZBigMedia on December 15, 2022    Phoenix-based Citywide Commercial Real Estate has completed ...
Continue Reading
Phoenix approves development agreement for new office campus, headquarters
 Article Originally Posted by PhoenixBusinessJournal on December 14, 2022 The city of Phoenix gave the green light to a development agreemen...
Continue Reading
Year in Review: Here are the top 10 Valley office sales of 2022
 Article Originally Posted by PhoenixBusinessJournal on December 16, 2022  Several out-of-state investors acquired office buildings in ...
Continue Reading
Glendale gives final approvals to proposed industrial park across nearly 300 acres
 Article Originally Posted by PhoenixBusinessJournal on December 13, 2022  Glendale City Council gave its final support for one of the ...
Continue Reading
Scottsdale golf course completes $8.5 million renovation
 Article Originally Posted by PhoenixBusinessJournal on November 30, 2022 Terravita Golf & Club has reopened after completing an $8.5 mi...
Continue Reading
7 Valley cities rank in Top 100 Boomtowns in America
 Article Originally Posted by AZBigMedia on December 5, 2022   Metro Phoenix is doing extremely well when it comes to the Top Boom...
Continue Reading
12 projects under construction in Downtown Phoenix
 Article Originally Posted by AZBigMedia on December 5, 2022   The skyline of Downtown Phoenix is constantly evolving. Stand on an...
Continue Reading
Chandler greenlights new mixed-use project and adopts data center zoning amendment
 Article Originally Posted by PhoenixBusinessJournal on December 5, 2022 Chandler City Council approved ordinances Monday for a new provisio...
Continue Reading
San Diego developer plans 8 more buildings for future Phoenix industrial campus
 Article Originally Posted by PhoenixBusinessJournal on November 30, 2022  A San Diego developer has plans to double the size of an ind...
Continue Reading
3 best Metro Phoenix neighborhoods to own a condo (2)
  Phoenix continues to be one of the most popular destinations in America to move to and more people migrating to the Valley means more peop...
Continue Reading
Major office campus in Camelback Corridor to undergo significant renovation
 Article Originally Posted by PhoenixBusinessJournal on November 28, 2022 Monarch Alternative Capital and Tourmaline Capital Partners are ge...
Continue Reading
How the Metrocenter redevelopment, light rail extension could benefit Arizona chip industry
 Article Originally Posted by PhoenixBusinessJournal On November 28, 2022  Developers of the $1 billion Metrocenter Mall redevelopment ...
Continue Reading
Here are recent economic development wins from Tucson and Flagstaff
 Article Originally Posted by AZBigMedia on November 29, 2022   One city is nestled in Arizona’s northern region, the other ...
Continue Reading
Caliber will develop 100-acre The Riverwalk project near Scottsdale
 Article Originally Posted by AZBigMedia on November 21, 2022   Caliber, a fully integrated alternative asset manager and Opportun...
Continue Reading
1.6M SF Eastmark Center of Industry breaks ground in Mesa
 Article Originally Posted by AZBigMedia on November 17, 2022   IndiCap and AECOM-Canyon Partners joined JLL and the City of Mesa ...
Continue Reading
Amid strong public feedback, Gilbert Town Council puts off action on 300-acre industrial and business park
 Article Originally Posted by PheonixBusinessJournal on November 16, 2022 Gilbert Town Council will continue discussion on a hotly debated m...
Continue Reading
Raising Canes to open six new valley stores in the next few months
 Article Originally Posted by PhoenixBusinessJournal on November 15, 2022 Raising Cane’s, the Baton Rouge, Louisiana-based brand fast-...
Continue Reading
Why development of medical office buildings is booming
 Article Originally Posted by AZBigMedia on November 15, 2022   Maricopa County, the state’s largest by population and home ...
Continue Reading
Arizona property taxes will see no.3 greatest 5-year increase
 Article Originally Posted by AZBigMedia on November 15, 2022    You may think your property taxes are low—or high̵...
Continue Reading
NewPoint provides $105M loan for SeventyOne15 McDowell acquisition
 Article Originally Posted by AZBigMedia on November 16, 2022   NewPoint Real Estate Capital LLC has provided a $105 million brid...
Continue Reading
Cavco to pay $93M for manufactured-home builder, expanding national presence
 Article Originally Posted by PhoenixBusinessJournal on November 4, 2022  Phoenix-based Cavco Industries Inc. is poised to plop down $9...
Continue Reading
Prasada North Will Bring New Retail Options to Surprise
 Article Originally Posted by AZBigMedia on November 4, 2022  SimonCRE, a national commercial real estate development and acquisition f...
Continue Reading
How the affordable housing crisis has hit Downtown Phoenix
 Article Originally Posted by AZBigMedia on November 4, 2022   Downtown Phoenix is filled with sparkling luxury apartments that ar...
Continue Reading
How tenant needs are evolving as Valley companies try to lure workers back
 Article Originally Posted by PhoenixBusinessJournal on November 4, 2022 Class A office space comes at a premium in the Phoenix metro.In man...
Continue Reading
New luxury senior residences Clarendale Arcadia opens
 Article Originally Posted by AZBigMedia on November 1, 2022   Clarendale Arcadia, the latest luxury senior living community, anno...
Continue Reading
3 best Metro Phoenix neighborhoods to own a condo
 Article Originally Posted by AZBigMedia on October 31, 2022   Phoenix continues to be one of the most popular destinations in Ame...
Continue Reading
Banyan Residential buys 15.5 acres in Phoenix for $200M project
 Article Originally Posted by AZBigMedia on October 31, 2022   Banyan Residential, a Los Angeles-based private real estate investm...
Continue Reading
Two large industrial projects proposed in West Valley cities
 Article Originally Posted by PhoenixBusinessJournal on October 31, 2022  Two large industrial projects have been proposed across the W...
Continue Reading
Phoenix is one of the top metros in US for delivered industrial space, report shows
 Article Originally Posted by PhoenixBusinessJournal on October 31, 2022  Between 2010 and 2021, the Phoenix metro brought online more ...
Continue Reading
Westcore acquires Central Logistics for $93.5M
 Article Originally Posted by AZBigMedia on October 26, 2022    Westcore, a leading industrial real estate acquisition, developmen...
Continue Reading
Phoenix private sector leads effort to build electric charging stations
 Article Originally Posted by AZBigMedia on October 24, 2022    Phoenix is estimating that 280,000 electric vehicles will be ...
Continue Reading
Brokers seek large tenants as new Tempe industrial park breaks ground
Article Originally Posted by PhoenixBusinessJournal on October 24, 2022  A construction fence now surrounds a clean slate of dirt to build o...
Continue Reading
Surprise ranks No. 1 in U.S. for attracting young homebuyers
 Article Originally Posted by AZBigMedia on October 25, 2022    The housing market is rapidly changing, and it’s scarin...
Continue Reading
Costco could be planning a new business center in this Valley city
 Article Originally Posted by PhoenixBusinessJournal on October 19, 2022  A new Costco Business Center could be coming to an old Tempe ...
Continue Reading
ViaWest Group buys 82 acres in Glendale for $12 million
 Article Originally Posted by AZBigMedia on October 19, 2022     CBRE, on behalf of ViaWest Group, arranged the $12 mill...
Continue Reading
$1 billion West Valley resort featuring 'party island' to open in 2023
 Article Originally Posted by PhoenixBusinessJournal on October 17, 2022 VAI Global Development, a newly formed entity that's behind the pla...
Continue Reading
Here's How Data Shows Phoenix Housing Market is 'Normalizing'
 Article Originally Posted by AZBigMedia on October 18, 2022    The Phoenix housing market is normalizing. That is the messag...
Continue Reading
Shamrock Foods buys 81 acres in Marana for distribution center
 Article Originally Posted by AZBigMedia on September 26, 2022   Shamrock Foods Company, a 100-year-old, multi-billion-dollar, fam...
Continue Reading
Tempe negotiates with developers over historic Danelle Plaza
 Article Originally Posted by PhoenixBusinessJournal on October 4, 2022  The city of Tempe has taken the next steps to finding a develo...
Continue Reading
Verrado Marketplace; Here's what Site Plan shows is coming
 Article Originally Posted by AZBigMedia on October 3, 2022  In addition to plenty of retail options, the proposed Verrado Marketplace ...
Continue Reading
Tempe ranks No. 2 on Best Places to Live in U.S. list
 Article Originally Posted by AZBigMedia on September 30, 2022  Digital platform Money, today announced its annual ranking of the Best ...
Continue Reading
Wood Partners breaks ground on 360 unit Alta Avondale
 Article Originally Posted by AZBigMedia on September 30, 2022   Today, Wood Partners, national leaders in the development of mult...
Continue Reading
Industrial boom in Dear Valley: Suppliers drive growth in Phoenix
 Article Originally Posted by PhoenixBusinessJournal on September 30, 2022 Not long after Taiwan Semiconductor Manufacturing Co. announced i...
Continue Reading
Once-reigning Phoenix continues slide in US home price growth ranking
 Article Originally Posted by PhoenixBusinessJournal on September 27, 2022 It’s no secret at this point that the housing market in the...
Continue Reading
Here's How the Build To Rent Boom is Reshaping Phoenix
 Article Originally Posted by AZBigMedia on September 27, 2022   Phoenix is ground zero for a new multifamily housing product gain...
Continue Reading
Phoenix ranks as No. 6 most desirable city in America
 Article Originally Posted by AZBigMedia on September 23, 2022  Although Americans seem to love Phoenix, they either love or hate the G...
Continue Reading
Developer enters Phoenix market with new infill industrial project
 Article Originally Posted by PhoenixBusinessJournal on September 22, 2022 Dallas-based Provident Realty Advisors, a private real estate inv...
Continue Reading
Business park, apartments proposed near surf park site in city south of Phoenix
 Article Originally Posted by PhoenixBusinessJournal on September 22, 2022 A new business park and apartment complex are a few of several la...
Continue Reading
Contour breaks ground on 1.55M SF Sossaman Park 202 in Mesa
 Article Originally Posted by AZBigMedia on September 21, 2022    Contour, a leading privately-held real estate and development co...
Continue Reading
Thompson Thrift buys 35 acres in Gilbert for $225M development (2)
 Article Originally Posted by AZBigMedia on September 19, 2022 Thompson Thrift, a full-service nationally recognized real estate company, an...
Continue Reading
New distribution, manufacturing facilities proposed in El Mirage
 Article Originally Posted by PhoenixBusinessJournal on September 19, 2022 Two new industrial projects have been proposed for El Mirage, whi...
Continue Reading
Here is How Much Housing Affordability Has Dropped in Arizona
 Article Originally Posted on AZBigMedia on September 16, 2022 Flagstaff and Prescott typically have the lowest housing affordability in Ari...
Continue Reading
Florida construction company expands to Tempe; 4 other real estate deals to know
 Article Originally Posted by PhoenixBusinessJournal on September 15, 2022 Less than a year after launching as a general contractor in Brade...
Continue Reading
Thompson Thrift buys 35 acres in Gilbert for $225M development
 Article Originally Posted by AZBigMedia on September 19, 2022  Thompson Thrift, a full-service nationally recognized real estate compa...
Continue Reading
Glendale rezones high-profile 188 acres for mixed use development
 Article Originally Posted by AZBigMedia on September 13, 2021   As a result of a multi-year public private collaborative effort, ...
Continue Reading
Former East Valley site of Fortune 500 company HQ to be redeveloped into industrial park
 Article Originally Posted by PhoenixBusinessJournal on September 12, 2022 A Tempe lot that once was home to a Valley Fortune 500 company is...
Continue Reading
Phoenix No. 1 in nation for diminishing size of $1 million homes
 Article Originally Posted by AZBigMedia on September 11, 2022    Sales of homes costing $1 million more than doubled over th...
Continue Reading
JLL completes major tech office lease at Chandler Freeway Crossing
 Article Originally Posted by AZBigMedia on September 8, 2022   On behalf of California-based developer Mark IV Capital, the Phoen...
Continue Reading
Waymo signs industrial lease in Phoenix
 Article Originally Posted by PhoenixBusinessJournal on September 6, 2022 Autonomous driving company Waymo has inked a lease for at least 65...
Continue Reading
Verrado Marketplace, Here's What Site Plan Shows Is Coming
 Article Originally Posted by AZBigMedia on September 6, 2022 In addition to plenty of retail options, the proposed Verrado Marketplace will...
Continue Reading
Arizona office buildings, East Valley hotel sell; 6 other real estate deals to know
 Article Originally Posted by PhoenixBusinessJournal on September 1, 2022 More than 450,000 square feet of Arizona office buildings are now ...
Continue Reading
Copper State Bolt & Nut Co. is expanding into Goodyear
 Article Originally Posted by AZBigMedia on September 1, 2022   Phoenix-based, family-owned-and-operated Copper State Bolt & N...
Continue Reading
US Bank leaves downtown Phoenix tower after nearly 20 years
 Article Originally Posted by PhoenixBusinessJournal on September 2, 2022  Minneapolis-based U.S. Bank is parting ways with the 101 Nor...
Continue Reading
Metro Phoenix becomes one of the Top 10 buyers markets
 Article Originally Posted by AZBigMedia on September 1, 2022   Knock, the fast-growing fintech company that makes all homebuyers ...
Continue Reading
MODUS Companies will build 470 build-to-rent homes on 39 acres in Casa Grande
 Article Originally Posted by AZBigMedia on August 30, 2022   One of the country’s leading developers of Net Zero communitie...
Continue Reading
Time Equities buys Paradise Village Office Park for $43M
 Article Originally Posted by AZBigMedia On August 30, 2022 Full-service real estate firm Time Equities, Inc. (TEI), recen...
Continue Reading
Here's Why Epicenter in Agritopia is the talk of Gilbert
 Article Originally Posted by AZBigMedia on August 30, 2022     The last few years have seen an explosion in commercial ...
Continue Reading
'Megawarehouses' take over: Phoenix sees uptick in large tenant industrial leases
 Article Originally Posted by PhoenixBusinessJournal on August 29, 2022 Pat Feeney remembers the first speculative warehouse being built in ...
Continue Reading
Medical, innovation campus with mix of uses proposed for growing city in Pinal County
 Article Originally Posted by PhoenixBusinessJournal on August 25, 2022  A 1.6 million-square-foot medical and innovation campus with a...
Continue Reading
BentallGreenOak buys Lakin Park in Goodyear for $109.2M
 Originally Posted by AZBigMedia on August 23, 2022  Cushman & Wakefield has advised the sale of a fully leased 730,760-square-foot...
Continue Reading
Megawarehouses find a home in Phoenix, according to report
 Article Originally Posted by AZBigMedia on August 19, 2022 Phoenix megawarehouses are in style – in a big way, according to a new rep...
Continue Reading
Scottsdale company eyes 80-acre mixed-use project near Talking Stick
 Article Originally Posted by PhoenixBusinessJournal on August 22, 2022  CaliberCos. Inc. is looking to bring new commercial developmen...
Continue Reading
Pinal County buys at least 1,400 acres in Casa Grande area for Lucid lease, expansion
 Article Originally Posted by PhoenixBusinessJournal on August 17, 2022 Lucid Group Inc. (Nasdaq: LCID) recently finalized development and l...
Continue Reading
C|303 breaks ground on mile-long phase one
 Article Originally Posted by AZBigMedia on August 17, 2022   Phoenix-based real estate development firm Merit Partners, along wit...
Continue Reading
Planned surf and water park with hotel, retail gains momentum in Arizona city
 Article Originally Posted by PhoenixBusinessJournal on August 15, 2022 A new 71-acre surf and water park with lagoons and a retail and hote...
Continue Reading
3D printing and foam: Arizona organizations make homes more sustainable
 Article Originally Posted by AZBigMedia on August 11, 2022   Amid global climate change and a chronic shortage of affordable hous...
Continue Reading
Developer Starts Two-Building Industrial Project in Southwest Phoenix
 Article Originally Posted by Costar News on August 9, 2022   National development firm VanTrust Real Estate started its latest pr...
Continue Reading
Scottsdale shopping center sells for $180M in the highest retail sale so far this year
 Article Originally Posted By PhoenixBusinessJournal On August 10, 2022  Phoenix’s retail centers are in high demand from investo...
Continue Reading
VanTrust Real Estate breaks ground on VT 202 industrial project
 Article Originally Posted By AZBigMedia On August 8, 2022   VanTrust Real Estate, LLC (VanTrust), the NAIOP Arizona 2021 Industri...
Continue Reading
Newmark sells Tempe multifamily portfolio for $111.75 million
 Article Originally Posted By AZBigMedia On August 8, 2022   Newmark announced the $111.75 million sale of a two- property, 369-un...
Continue Reading
Will decreasing lumber prices impact Arizona real estate?
 Article Originally Posted By AZBigMedia On August 4, 2022   Despite inflation, the real estate market continues to make headlines...
Continue Reading
Construction starts on two industrial projects in major corridors of the Valley
Article Originally Posted By PhoenixBusinessJournal On August 4, 2022 Developers have continued to build industrial product of all sizes across t...
Continue Reading
Phoenix eyes future intersection for commercial development, revitalization of Rio Salado
 Article Originally Posted By PhoenixBusinessJournal On August 5, 2022  The city of Phoenix is eyeing a future freeway interchange for ...
Continue Reading
44 Monroe in Downtown Phoenix sells for $93.5M
 Article Originally Posted By AZBigMedia On August 3, 2022   Newmark announced the $93.5 million sale of 44 Monroe, a 184-unit lux...
Continue Reading
Onsemi leases large office space in Scottsdale for new corporate headquarters
 Article Originally Posted By PhoenixBusinessJournal On August 1, 2022  Phoenix-based Onsemi (Nasdaq: ON) has leased about 175,000 squa...
Continue Reading
Phoenix, Tucson among 25 best places to buy a vacation home
 Article Originally Posted By AZBigMedia On July 29, 2022  Vacasa, North America’s leading vacation rental management platform, r...
Continue Reading
Developer unveils new details on West Valley industrial project in Loop 303 corridor
 Article Originally Posted By PhoenixBusinessJournal On July 28, 2022  Las Vegas-based developer IndiCap has unveiled expanded plans fo...
Continue Reading
First SAOTA-designed luxury home to be built in Paradise Valley, valued over $50M
 Article Originally Posted By PhoenixBusinessJournal on July 27, 2022  Paradise Valley-based BedBrock Developers is building the very f...
Continue Reading
The Landing industrial development in Mesa sells for $208M
 Article Originally Posted By AZBigMedia On July 26, 2022   Cushman & Wakefield has advised the joint venture of Martens Devel...
Continue Reading
Phoenix leads nation in new listings as housing market balances
 Article Originally Posted By AZBigMedia On July 24, 2022  Halfway through the peak summer buying season, this year’s home sales ...
Continue Reading
Construction, retail industries drove surge in Valley industrial leasing in Q2
 Article Originally Posted By PhoenixBusinessJournal On July 21, 2022 Strong leasing activity continued into the second quarter in the Phoen...
Continue Reading
Mangat group plans to build 20,000- seat stadium in Buckeye
 Article Originally Posted By AZBigMedia On July 22, 2022 The Mangat Group, a Glendale-based land development group, announced today plans t...
Continue Reading
Here is why experts say Arizona housing market is on a precipice
 Article Originally Posted By AZBigMedia On July 22, 2022 Affordability in the Arizona housing market is collapsing expeditiously due to an ...
Continue Reading
Oklahoma City investment firm buys Camelback Corridor office building in record sale
 Article Originally Posted By PhoenixBusinessJournal On July 20, 2022 More than 115,000 square feet have traded hands in a historic deal for...
Continue Reading
Northmarq completes $25.5M financing for Gainey Ranch Town Center
 Article Originally Posted By AZBigMedia On July 18, 2022   Christina Grimme, vice president of Northmarq’s Cincinnati offic...
Continue Reading
26-story X Phoenix II breaks ground in Downtown Phoenix
 Article Originally Posted By AZBigMedia On July 14, 2022   Today, Clayco, a full-service, turnkey real estate, architecture, engi...
Continue Reading
Virgin Galactic to bring spaceship manufacturing facility to Mesa, hire hundreds
 Article Originally Posted By PhoenixBusinessJournal On July 14, 2022  Mesa will be home to the final assembly manufacturing facility f...
Continue Reading
$350 million Fujifilm investment will boost Mesa expansion
 Article Originally Posted by AZBigMedia on July 13, 2022    FUJIFILM Electronic Materials, U.S.A., Inc., announced today the...
Continue Reading
Casa Grande moves forward with Lucid Group development agreement
 Article Originally Posted By PhoenixBusinessJournal On July 6, 2022 The city of Casa Grande moved forward with its portion of the developme...
Continue Reading
Phoenix ranks among 15 hottest real estate markets of 2021
 Article Originally Posted By AZBigMedia On July 5, 2022  After nearly two years of unprecedented competition, the residential real est...
Continue Reading
High Street sells for $172 million
 Article Originally Posted By AZBigMedia On June 30, 2022  Rood Investments acquired the highly desirable High Street in North Phoenix ...
Continue Reading
77-acre industrial center breaks ground in Buckeye
 Article Originally Posted By AZBigMedia On June 24, 2022  Today, Contour, a leading privately-held real estate and development company...
Continue Reading
Phoenix ranks No. 2 among hottest housing markets in U.S.
 Article Originally Posted By AZBigMedia On June 24, 2022 Whether you are interested in selling your home for a large profit or researching ...
Continue Reading
LPC Desert West enters Tucson market with 1M SF industrial project
 Article Originally Posted By PhoenixBusinessJournal On June 24, 2022 LPC Desert West, the Southwest division of Dallas-based Lincoln Proper...
Continue Reading
DMB moving forward on $1 billion north Scottsdale mixed-use development
 Article Originally Posted By PhoenixBusinessJournal On June 23, 2022  After a bit of a hiatius following the Great Recession, DMB Asso...
Continue Reading
Here's how ASU is building stronger, more cost-efficient roads
 Article Originally Posted By AZBigMedia On June 22, 2022   The roads we drive on are made up of crushed and screened aggregates o...
Continue Reading
KOAM continues growth with 90,522 SF lease in Tempe
 Article Originally Posted By AZBigMedia On June 17, 2022  Cushman & Wakefield announced that KOAM, a total logistics solution comp...
Continue Reading
How the redevelopment of Papago Plaza in Scottsdale is taking shape
 Article Originally Posted By AZBigMedia On June 16, 2022 The redevelopment of the iconic mixed-use Papago Plaza, recognizable to many long-...
Continue Reading
New industrial project proposed for growing business park in West Valley
 Article Originally Posted By PhoenixBusinessJournal On June 16, 2022  Dallas-based real estate investor Mohr Capital plans to develop ...
Continue Reading
Phoenix looks to kick off development on key property along Loop 101
 Article Originally Posted By PhoenixBusinessJournal On June 14, 2022 Commercial development of a long-vacant property in west Phoenix could...
Continue Reading
Lucid Motors leases space, expands in the East Valley
 Article Originally Posted By PhoenixBusinessJournal On June 13, 2022 Lucid Group Inc. (Nasdaq: LCID) has signed a lease for more than 116,0...
Continue Reading
Most expensive spec home ever to be built in Arizona listed for $32M
 Article Originally Posted By PhoenixBusinessJournal On June 10, 2022 Gary Fries is about ready to start building a $32 million spec home in...
Continue Reading
Major leases signed at two $1B developments in Scottsdale, Gilbert
 Article Originally Posted By PhoenixBusinessJournal On June 9, 2022  Tenant leasing activity is revving up in a big way for Nationwide...
Continue Reading
Avanterra Town Square rental home community breaks ground in Gilbert
 Article Originally Posted By AZBigMedia On June 7, 2022  Continental Properties announced the groundbreaking of Avanterra Town Square,...
Continue Reading
Life Time Fitness to build giant location in the East Valley
 Article Originally Posted By PhoenixBusinessJournal On June 7, 2022  Luxury fitness club Life Time Fitness has eyes on another big box...
Continue Reading
129 acres of land in Marana sells for $22 million
 Article Originally Posted By AZBigMedia On June 6, 2022   Flint Development announced it has acquired 129 acres of land in Marana...
Continue Reading
Median listing price hits record $550,000 in Metro Phoenix
 Article Originally Posted By AZBigMedia On June 2, 2022  New data suggests the U.S. housing market hit a turning point in its supply s...
Continue Reading
836 acres of land in Surprise sell for $111.7M
 Article Originally Posted By AZBigMedia On June 3, 2022 Asante Development Partners, a venture between Lennar Homes, Pulte Homes and Taylor...
Continue Reading
Just Sold Another!
Just Sold Another!
Continue Reading