Sundt Construction, Inc. was awarded a construction manager at risk contract to build the new Texas Instruments facility in Tucson. “We are excited to be selected for another significant office…
101 Envy Raintree, LLC has purchased the fully-leased retail building at 8698 E. Raintree Dr. for $8 million to complete its larger assemblage within Northsight. The company recently acquired the…
RED Development announced that it is nearing completion on a multimillion-dollar redevelopment of The Shops at Norterra in Phoenix that will welcome new tenants later this year. The redeveloped area…
Tight supply in major U.S. data center markets, including Silicon Valley, has led occupiers to expand into Phoenix, which has record levels of data center construction underway, according to CBRE’s…
Tempe warehouse/manufacturing building sold for $7.5 million Cushman & Wakefield announced that Scottsdale-based G2 Capital purchased the warehouse/manufacturing building, located at 550 W. Southern Avenue in Tempe, Ariz., from Southern…
Nationwide Mutual Insurance Co., a Fortune 100 company with an existing office complex in Scottsdale, successfully bid $83 million Tuesday for about 134 acres of State Trust Land with plans…
National nonresidential construction spending declined 0.3 percent in July, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $748.8…
LGE Design Build will open the first structure at its much anticipated, $25 million Overstreet project in downtown Chandler – a five-floor, 350-stall parking garage – at a ribbon cutting…
Opportunity Zones provide investors a new method to defer or eliminate tax on gains that is more flexible than Section 1031 exchanges. While I.R.C. §1031 like-kind exchanges now only permit…
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Chipotle Ground Lease, a 2,266-square foot net-leased…
Sierra Tucson, an internationally renowned leader in behavioral and mental health care, is underway with steel framing of its 30,895-square-foot new Behavioral Health Inpatient Lodge. Designed to enhance the overall…
As home prices rise across the U.S., choosing to rent has become increasingly popular. New analysis by realtor.com reveals the monthly costs of buying a home have risen by 14…
