CB Richard Ellis released its 2Q 2011 market analysis of the Phoenix area office, industrial and retail sectors and report highlights include: Office The office market vacancy rate decreased slightly…
The slowly recovering economy is revitalizing the multi-family market in Arizona, restoring the industry to robust health. Rents are up, vacancies down, and, unlike most commercial real estate segments, any…
Dennis Desmond, Senior Managing Director – Phoenix of Jones Lang LaSalle, shares observations about the Phoenix market that came out of ULI’s 2011 Real Estate Summit at the Spring Council Forum,…
CRESCENT CROWN DISTRIBUTING General contractor: LGE Design Build Architect: PHArchitecture Location: Broadway Rd. between Dobson and Alma School Rd., Mesa Size: 340,000 SF The project will consist of a 60,000…
NORTHERN GATEWAY COMMERCE PARK Developer: ViaWest Properties & LGE Design Build General contractor: LGE Design Build Architect: Cawley Architects Location: SWC 71st & Northern avenues in Glendale Size: 10 acres…
GESTAMP SOLAR STEEL General contractor: Mortenson Construction Architect: SmithGroup Location: Peoria Ave. and Dysart Rd., on Solar Canyon Way, Surprise Size: 75,000 SF manufacturing; 6,000 SF office ground floor with vacant…
Don’t look for medical marijuana dispensaries to pop up next door to your neighborhood drug store anytime soon. Cities are wrestling with a host of issues to determine where the…
Although the commercial market seems dismal in certain areas of Metro Phoenix, the Scottsdale area seems to only have taken a ‘gentle’ hit. With investors flying into Phoenix from all…
BRENTWOOD INDUSTRIES Developer: LGE Design Build Contractor: LGE Design Build Architect: Cawley Architects Size: 51,000 SF Location: Litchfield Rd. and Peoria Ave., Surprise The $2.8M project is an office/warehouse design build for Brentwood Industries, which…
In the current economic environment, even small strategic advantages can have significant rewards. For an initiative such as the Discovery Triangle,which leverages the resources and potential of the geographic center…
MAJERLE’S OLD TOWN SCOTTSDALE Developer: Majerle Group/Triyar Companies General contractor: Alexander Building Co. Architect: Reece Angel Rowe Architects Location: SEC Camelback and Saddlebag, Scottsdale Size: 4,500 SF A fourth Majerle’s Sports Grill will join Valley…
DIGITAL SYSTEMS HEADQUARTERS, SCOTTSDALE Developer: LGE Design Build Contractor: LGE Design Build Architect: Cawley Architects Size: 17,600 SF Location: 91st St. & Palo Brea Dr., Scottsdale The $3.6M Class A office building will serve as…
