Phoenix
EdgeCore to Add 36MW to Mesa Data Center
EdgeCore Digital Infrastructure finished its first building in 2019, and since then it’s been increasing the datacenter campus. Its projects… Read more
Popular Phoenix-Area Sportspark Declares Bankruptcy
Eventhough the various sports options at Mesa’s Legacy Park appear to be attracting more customers than ever, the group is… Read more
JLL IPT Fully Subscribes $200M DST Offering
JLL Income Property Trust (JLL IPT) said Monday it had fully subscribed JLLX Diversified II, DST. The five-property, $200-million diversified portfolio was… Read more
Onetime San Antonio Sears Store Taken Over by Mega Furniture
A former Sears location that was part of the Ingram Park Mall at 6301 NW Loop 410 was sold to a… Read more
Tempe’s Largest, Newest Hotel Accepting Guests
Tempe’s largest hotel opened its door over the weekend. The 330-room Omni Tempe Hotel at Arizona State University is now… Read more
Peoria’s Sprawling Vistancia Project to Deliver Final Community
It all got started in 2004. And today, one of Arizona’s most ambitious master-planned communities has made it to its… Read more
Glendale’s New $1 Billion Beach Resort Taking Shape
The anticipated opening date for the $1 billion resort VAI Resort in Glendale’s sports and entertainment district has been pushed… Read more
Berkadia Webinar: Jeff Coles and Mark Forrester of Berkadia Sit Down with John Burns, Who Remains “Crazy Bullish” on SFR/BFR
“I’m still crazy bullish on this industry.” That’s John Burns, CEO of John Burns Real Estate Consulting, on Berkadia’s April… Read more
Party-Themed Hotel to Open in Phoenix
A new Downtown Phoenix hotel stresses having fun the second you walk in the door. The bartender will serve you… Read more
Phoenix-Area Surf Park Pares Back Plans
PHX Surf has submitted updated plans to the City of Maricopa’s Development Services Department. Among changes featured are a size… Read more
Phoenix’s Turf Paradise Changes Hands, to Get New Look
Phoenix’s horse track, Turf Paradise, is in the process of being sold to a California real estate developer. Turf Paradise… Read more
Dermody Properties Pick Outlier El Mirage for 1.5M SF Industrial Park
Dermody Properties picked up 961 acres in El Mirage, a small dusty suburb Northwest of Phoenix in 2021. To be… Read more
SFR Rent Growth’s Ongoing Decline
Rent growth for single-family rentals in the U.S. continued slowing in February 2023, dropping to 5% according to CoreLogic’s Single-Family… Read more
JV Looking to Build 1,000 Arizona Rental Units
Valtus Capital Group and BRUIN Capital Partners have formed a team to focus on working with apartment and home builders… Read more
The Multifamily Development Outlook: Q&A with LaTerra’s Chris Tourtellotte
At Connect Los Angeles 2023, scheduled for May 3 at the Hotel Indigo DTLA, you’ll hear from a cross-section of… Read more
1,400 Apartment Units Moving Through Tempe Approval Process
The Tempe City Council will vote on three projects this week that would bring over 1,400 apartment units online if,… Read more
Echo, Grandview Partners Building 676K SF Glendale Industrial Project
The Northern Parkway Logistics Center will be situated in Glendale along the Loop 303, about 30 miles from downtown Phoenix.… Read more
Legendary Wigwam Resort Undergoing $20M Renovation
It’s been around as a resort since 1929; a project fronted by the Goodyear Tire Company, who has had a… Read more
Rockefeller Group Acquires Land for N. Phoenix Distribution Center
The $40 billion Taiwan Semiconductor Manufacturing (TSMC) plant in North Phoenix is turning into an economic development driver. Rockefeller Group… Read more