Phoenix
Rosendin Converting Chandler MOB to Regional HQ
Rosendin Electric purchased a two-story, 100,622-square-foot medical office building on the Allred Park Place office campus and will convert it… Read more
Belkorp Spends $44.1M on Phoenix Warehouse
Belkorp recently paid $44.1 million for a 174,000-square-foot manufacturing facility within the Sky Harbor Airport submarket. The building located at… Read more
Common Bond Reveals Retail, Hospitality Plans for Halo Vista
Common Bond Development Group announced The Shops at Halo Vista, a new 11-acre mixed-use retail and hospitality destination planned at the… Read more
Phoenix Office Market Shows Strength
The Greater Phoenix office market continues to see strong leasing and a decline in total inventory as obsolete buildings are… Read more
Dollar Tree Opens 1.2M-SF W. Phoenix Distribution Center
Dollar Tree’s 1.2-million-square-foot facility will soon start shipping merchandise to about 700 Dollar Tree stores in Arizona, Colorado, Nevada, New… Read more
Three Trends Shaping the Multifamily Outlook
Given all of the reports and write-ups about the multifamily sector over the past five years, we know where we… Read more
Simon CRE Moving Ahead on Surprise Mixed-Use Venture
SimonCRE paid $3.8 million for a 10-acre site in Surprise where it’s developing a retail center anchored by a Whole… Read more
Webinar: Distress Cycle Evolves as $520B of Maturities Looms
With roughly $52 billion of maturing commercial real estate debt considered at-risk out of the $520 billion coming due in 2026, industry leaders on the front lines… Read more
Nuveen Affiliate to Convert Tempe Office Space to Industrial
Converting sprawling office complexes into industrial parks is all the rage in the Phoenix metro area. Lincoln Property and Panattoni… Read more
Empire Group Brings On SimonCRE to Oversee Carefree Retail Center Venture
Empire Group of Companies has replaced Diversified Partners with SimonCRE to complete the buildout of a proposed 120,000-square-foot retail center… Read more
Vestar Offloads Queen Creek Retail Center, To Manage Property
Vestar sold the recently-completed Vineyard Towne Center in Queen Creek but will continue to manage the property on behalf of… Read more
Lincoln Converting Sky Harbor Offices to Logistics Campus
Lincoln Property Company has broken ground on Sky Harbor Logistics, an office-to-industrial redevelopment that will bring a two-building, Class A… Read more
Barclay Group Seeking Gilbert Approval for Retail, Entertainment Venture
Barclay Group is awaiting approval from the Gilbert Planning Commission for a retail project within the 311-acre Harvest Grove development. Off… Read more
One Camelback Office-to-Apartment Conversion Nearly Complete
Kinella Capital and developer TK Stratton are making strides with One Camelback, the adaptive reuse project that was stalled until… Read more
HonorHealth Spending $170M on Deer Valley Medical Center Expansion
HonorHealth is nearing completion of a renovation and expansion at HonorHealth Deer Valley Medical Center. The $170 million investment, launched in… Read more
Rise48 Adds to Phoenix Apartment Portfolio
Rise48 Equity has picked up Avenue 8, a 194-unit garden-style apartment community located at 1050 West 8th Avenue in Mesa.… Read more
Blackstone Takes Hit on Glendale Apartment Sale
Blackstone offloaded the 412-unit Arrowhead Summit apartment community in Glendale for $101.35 million. The Phoenix Business Journal reports that Blackstone… Read more
U.S. Construction Costs Remain Elevated as Spending Slows in H2 2025
Construction spending across the U.S. slowed in the second half of 2025; however, costs remain elevated and uneven across regions,… Read more
Hines Picks Up Site for 572K-SF Phoenix Industrial Project
Hines has acquired Cactus 303, a shovel-ready development site located in the West Valley of Phoenix off Loop-303, entitled for… Read more