Phoenix
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
$190M Sports Complex, Hotel on Way in N. Phoenix
The soon-to-be completed Fire ’N Ice Arena in North Phoenix will not be your ho-hum neighborhood ice rink with a… Read more
Data Center Solutions Provider Buys Nearly 100K-SF Phoenix Office Building
Transdien Engineering acquired a 97,372-square-foot office park off the Loop 101 and 7th Street for $19.4 million. Located at 19825… Read more
Where the Headquarters are Heading
Corporate mobility continues to increase. Despite a lull in 2023, corporate movement drastically increased in 2025, according to CBRE’s “Business… Read more
Empire Advancing Plans for State’s Tallest Tower
Empire Group of Companies, through its luxury urban infill division Aspirant Development, rebranded its Downtown Phoenix high-rise project from its… Read more
KBRA: CMBS Distress Rates Vary Widely by Metro Area
The U.S. private-label CMBS loan distress rate entered double-digit territory in January 2026, Kroll Bond Rating Agency (KBRA) reported this… Read more
Creation Helming Three-Building Avondale Warehouse Campus
Creation with a real estate fund advised by Crow Holdings Capital, closed on a 38-acre site in Avondale for the development of… Read more
Phoenix Industrial Market Posts Record Results
The Greater Phoenix industrial market posted its strongest quarter on record for industrial property investment sales, according to a report… Read more
Hospital Giant Buys Parcel Near TSMC
Banner Health paid $22.13 million for 18.8 acres near the $165 billion TSMC factory in north Phoenix. The nonprofit hospital… Read more
Recap from Connect Phoenix Multifamily 2026 – The Phoenix Factor and the State of Insurance and Risk in a Growth Market
Amid ongoing market volatility, tightening credit conditions, and elevated interest rates, lenders are navigating a more complex and disciplined commercial… Read more
Sunbelt Building Apartments, Retail Near Turf Paradise
Sunbelt Investment Holdings (SIHI) is moving ahead on apartments and an Aldi grocery store on Arizona State Land it secured… Read more
Art-Infused Apartment Community Opens Doors
RAY and VELA Development Partners have delivered Ray Phoenix, a 26-story apartment development at 777 N. Central Ave. in Phoenix. The… Read more
Highlights from Connect Phoenix Multifamily 2026: How Deals Are Getting Done
Connect Multifamily Phoenix 2026 brought together industry experts to provide insights into sector trends, including how multifamily deals are being… Read more