In January, tech sector stocks tumbled when a Chinese artificial intelligence startup, DeepSeek, unveiled a large language model that operates at a much lower cost than U.S. versions while maintaining…
On March 3, TSMC reported that its total investment in Arizona will now reach $165 billion — a 1,275% increase from the initial $12 billion announcement made in 2020. Now…
When it opened in 1957, Park Central Mall converted what once was a dairy farm into an open-air mall featuring sought-after retailers. But as the city continued to grow northwards…
On Feb. 13, Creation broke ground on a 144,885-square-foot Class A industrial facility in Southern Tempe. Located in one of the most sought-after regions in the Valley, Source Logistics Center…
Ben Graff, partner at Quarles, has made a career of ushering in new possibilities. As a zoning attorney, he helps clients change a site’s designation to a higher and better…
In today’s interconnected world, airports facilitate the flow of people and goods that are essential for society to function. Phoenix-Mesa Gateway Airport is a prime example of how these pieces…
What does $165 billion look like? It only takes a few minutes of driving west on Loop 303 from I-17 to get a glimpse. Emerging from the desert of North…
The past five years have brought an eye-watering amount of growth to the Valley. TSMC’s $165 billion investment in North Phoenix remains the poster child for this era of expansion,…
On March 10, Arizona House Speaker Steve Montenegro announced that the Arizona House of Representatives, in partnership with the Home Builders Association of Central Arizona (HBACA) and the Arizona Senate, filed a…
Recent years have brought numerous big deals and billions of dollars in investment to the Valley. That growth has come with challenges, such as concerns over water supplies, rising construction…
Year after year, Arizona’s commercial real estate industry delivers top-tier projects that leave an enduring mark on the state. It is AZRE magazine’s privilege to commemorate the exacting work of…
On Aug. 28, Tract, a developer of master-planned data center parks, announced its acquisition of a 2,069-acre parcel in Buckeye for $136 million. The company plans to transform the site…
