Phoenix industrial vacancy rate falls to 9.7%
Limited new developments and healthy tenant activity drove industrial vacancy in Greater Phoenix down 10 basis points during fourth quarter to 9.7 percent at the end of 2025, according to…
Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.
Limited new developments and healthy tenant activity drove industrial vacancy in Greater Phoenix down 10 basis points during fourth quarter to 9.7 percent at the end of 2025, according to…
BPR Companies announced the official groundbreaking on EQT Real Estate Commerce 303, a 497,234-square-foot cross-dock speculative warehouse strategically located in the rapidly expanding West Valley industrial market. LEARN MORE: How…
Sunbelt Investment Holdings, Inc. (SIHI) recently announced the development of Sanctuair Deer Valley, an 18-acre, Class A multifamily community located at the northwest corner of 19th Avenue and West Grandview,…
CBRE has arranged the sale of a two‑building, Class A office campus located at 25500–25600 North Norterra Drive in Phoenix, Ariz. An affiliate of Wentworth Property Company, LLC, acquired the…
On Jan. 29, Hadrian, an advanced manufacturing company building AI-powered factories, celebrated the opening of its a large-scale manufacturing and software hub in Mesa. Hadrian has invested $200 million in…
Arizona’s strong global ties fueled record-breaking trade and international investment in 2025, attracting 55 foreign direct investment projects totaling $107.7 billion and more than 25,000 projected new jobs, according to…
The Heritage Tradition in Sun City West which was ranked as the No. 18 best senior living facility in the nation by Seniorly in its annual Best of Senior Living Awards 2025, was…
The recently developed Rio Yards office project in Tempe has been sold and will be renamed Horizon Bay by the new owner, Silver Creek Development of Scottsdale, Arizona. The property…
JLL Capital Markets announced today that it has completed the sale of Pima I and II, a Class A multi-tenant medical outpatient building and an adjacent sister building with potential to…
JLL Hotels & Hospitality Group announced today it has arranged a $37 million non-recourse refinancing for Ambiente, Arizona’s only Two MICHELIN Key hotel. The 40-room, adults-only luxury property opened in February 2023 and…
Construction employment rose in 34 states and the District of Columbia over the past year, while 20 states and D.C. added jobs between November and December, according to an analysis of new…
Internal growth and national recognition continue to define the momentum at Magnum Companies, a Phoenix‑based leader in custom metal manufacturing and architectural metalwork. The company recently earned top honors at…