Sheraton Phoenix Downtown is sold in historic deal
The NAIOP Research Foundation today released its newest office market forecast, revealing that national demand for office space surged in the third quarter of 2025 — a sharp reversal from…
Cognite, the global leader in industrial AI, today announced the official grand opening of its new global headquarters in Tempe, Arizona. The relocation from Oslo, Norway marks a milestone in…
As data center development accelerates to support AI, cloud, and digital services, Americans are sending a clear message: they are not opposed to living near data centers. They simply want…
Full-service commercial real estate firm Lincoln Property Company (Lincoln) and Goldman Sachs today announced the sale of the 1.27 million-square-foot “Building C” industrial building at Luke Field to a Fortune 500 company.…
Phoenix ranked 8th nationally for office investment activity since 2020, with 477 transactions. The market peaked in 2021, when 141 office sales closed, according to CommercialSearch’s newest report. Key Takeaways Since 2020, the U.S. office market has been…
JLL’s Hotels & Hospitality group announced today the sale of the Sheraton Phoenix Downtown, a premier 1,003-room convention center hotel in the heart of Arizona’s capital city, marking one of the largest…
Following the conclusion of World War II, the U.S. government began shuttering military installations across the country, including the Yuma Army Airfield. Wanting to show that Yuma’s sunny weather could…
The Scottsdale 101 Shopping Center, located at the southwest corner of the Loop 101 freeway and Scottsdale Rd. in Phoenix, announces five tenant updates, including three restaurants, one wellness center and…
XNRGY Climate Systems, a leading North American manufacturer of sustainable liquid and air-cooling technologies as well as control systems, celebrated the grand opening of its Mesa 1 manufacturing facility with…
JLL Capital Markets announced today that it has arranged the $20 million sale of Summers Point, a distinctive 164-unit value-add multifamily community located in Glendale, Arizona’s rapidly growing West Valley. DEEPER DIVE: Top…
Amkor Technology, a leading provider of semiconductor packaging and test services, today announced the groundbreaking and expanded planned investment of its new state-of-the-art outsourced semiconductor advanced packaging and test campus…
Phoenix office market is beginning to show a positive shift in total net absorption, according to an analysis from Kidder Mathews. Market Highlights MORE NEWS: Here are the 10 coolest offices…