Plaza Companies is expanding its presence in the hospitality industry with the formation of a new arm of the business to pursue hotel and lodging projects. The new division will…
Rents have been on a decline in the top 50 metros for over a year, but low multifamily permitting activity is making way for higher rent prices, according to the Realtor.com February…
CapMatrix Ltd. acted as exclusive capital markets advisor to Optima, Inc. in securing a $37,110,000 senior loan to provide financing for ongoing land and horizontal infrastructure improvements at Optima McDowell…
Cushman & Wakefield announced the sale of Palo Verde Behavioral Health Center, an 84,029-square-foot inpatient behavioral health facility located at 2695 North Craycroft Road in Tucson, Arizona. The property was…
CBRE has negotiated the $23.48 million sale of The Forum at Gilbert Ranch, a 97,000-square-foot, Class A office campus in Gilbert, Ariz., to a private high-net-worth 1031 investor. CBRE’s Geoff Turbow, Anthony…
Retail big box leasing activity throughout the Tucson area was robust in 2024. Forty-two spaces greater than 10,000 sq. ft. were available at the end of 2024, resulting in 1,674,328…
Wespac Construction, has rewritten the story of urban lumber at its CVS Shea construction site. As part of an exterior renovation project, eucalyptus and mesquite trees needed to be removed.…
Here are the 10 biggest deals in Metro Phoenix commercial real estate from February of 2025, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine. MORE NEWS: Phoenix…
The Greater Phoenix office market posted its highest net absorption in two and a half years, as well as a decrease in vacancy, according to a report released by Colliers. …
Developer Overton Moore Properties (OMP), along with its partner, Invesco Real Estate (Invesco), have started construction on Nextwave Tempe. The project consists of three Class A industrial buildings totaling 689,000…
Phoenix solidifies its reputation as the nation’s industrial powerhouse, with 32.6 million square feet of industrial space under construction and a thriving medical office market driving commercial real estate demand,…
Do you know a person or a project within Arizona’s commercial real estate industry that deserves to be recognized as a project or person to know for their hard work,…
