When a commercial project is planned, the owner wants everything done perfectly. There will be a budget that must be met and specifications that are important to the building’s end-user.…
According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today, national nonresidential construction spending declined 0.3% in July totaling $776 billion on a seasonally adjusted…
Investing in residential properties is often what comes to mind when someone thinks about purchasing real estate, but there is a bigger, broader side to the market that may interest…
New York-based Foundation Capital Partners (FCP) and Chicago-based Baker Development Corporation (BDC) have broken ground on a two-building, Class A industrial project called VB/143. Located in the heart of Goodyear,…
ViaWest Group kicked off construction on two spec industrial buildings located at the SWC of Willis Road and Hamilton in the Chandler Airport submarket, totaling 140,372 SF. Groundbreaking is scheduled…
Fourteen U.S. markets — including Phoenix — stand out in a new report from CBRE as strategic options for investors in industrial and logistics real estate who are seeking growth…
An advantageous balance of moderate growth, low inflation, and falling long-term interest rates in the U.S. kept capitalization rates for commercial real estate assets broadly stable in the first half…
Nike Inc. paid $69.8 million to a joint venture consisting of Lincoln Property Co. and Goldman Sachs Group Inc., for ownership rights to a 901,700-square-foot industrial facility in Goodyear. The…
The Arizona Department of Housing has honored First Place AZ with the 2019 Housing Hero Award for its Innovative Supportive Housing Program and pioneering approach to housing for special populations,…
At Monday’s Goodyear City Council meeting, the council unanimously approved the development agreement for Goodyear Civic Square at Estrella Falls. This will be a first-of-its-kind project in partnership with the…
U.S. construction contractors and industry leaders are somewhat less confident about near-term prospects for nonresidential construction but remain reasonably upbeat, according to the June 2019 Construction Confidence Index released today…
Balsz School District with McCarthy Building Companies and DLR Group announce the beginning of construction on Balsz School District’s Pat Tillman Middle School, a middle school bearing the name of…
