CBRE report: Phoenix has strong potential as data center destination
The Phoenix data center market continued its steady growth in the first half of 2017, according to a new report from CBRE. Driven by growth in both hyperscale and enterprise…
The Phoenix data center market continued its steady growth in the first half of 2017, according to a new report from CBRE. Driven by growth in both hyperscale and enterprise…
Mark Detmer, managing director of JLL and a co-lead for JLL’s Industrial Capital Markets Group for the West region, has closed more than $10 billion in transaction volume over the…
The Arizona Builders Alliance (ABA) has announced Yanet Sanchez as the association’s apprenticeship coordinator. In this role, Sanchez will handle the program’s administrative duties, including the coordination of enrollment, orientation,…
CBRE has completed the sale of a 27,711-square-foot two-story office building located at 399 South Malpais Lane in Flagstaff, Ariz. The property commanded a sale price of $7.375 million, or…
ORION Investment Real Estate and The Kobold Group announced the redevelopment of a previously shuttered restaurant building on 46th Street & Thomas Road. The former Hal-O-Peno’s Mexican Restaurant has been an eyesore…
Orsett Properties, Ltd., a Phoenix-based commercial real estate development company, has sold Pinnacle Peak Commerce Center for $14,175,000. The property was purchased by Nicola Crosby, a real estate and asset…
Crescent Highland, the highly sought-after multifamily community located on the corner of Highland and 16th St., has officially opened and announces a new retail partnership with The Casual Pint of…
From the growing prevalence of collaborative open workspaces and shifting demands of a multi-generational workforce to disruptive new technologies and an increased emphasis on facilitating health and wellness within the…
The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S.…
On behalf of Los Angeles-based Cohen Asset Management, Cushman & Wakefield and Lee & Associates completed the sale of an 188,142-square-foot industrial building located at 7822 S. 46th Street in…
This story was originally published in AZRE magazine, which was released before Phoenix Raceway announced its naming rights partnership, changing the track’s name to ISM Raceway. Each season, thousands of…
Renovations are in full swing at the Scottsdale property that once housed Livewire, with LGE Design Build looking to complete construction on a new Mexican eatery and high-end bowling alley…