The Local, a new, mixed-use development located at the intersection of University Drive and Ash Avenue in downtown Tempe, will officially break ground on Tuesday, July 11. Developed by Denver-based…
SRS announced the recent sale of 2.11 acres north of the northeast corner of Thomas Road and SR-51 in Phoenix to PEG Development for the planned construction of a Staybridge Suites…
Scottsdale Airport will host a ceremonial groundbreaking to officially mark the launch of the terminal area redevelopment project. It takes place at 8:00 a.m. Wednesday, July 12, at the terminal…
The $4,315,000 sale of a recently built Panera Bread in Chandler set a national record for the highest sale price, highest price per square foot and lowest cap rate for the chain,…
CBRE Group Inc. arranged the $40.25 million sale of Avenue 25, a 254-unit, Class A multifamily community located at 18250 N. 25th Ave. in Phoenix, Arizona. Sean Cunningham, Tyler Anderson, Asher Gunter…
For the fourth year in a row, the Phoenix office market is on pace to surpass 2 million square feet of absorption, according to the Q2 Phoenix Office Insight Report released today…
The Phoenix industrial market is teeing up for its fourth consecutive year in which absorption gains outpace new construction, according to the Q2 Phoenix Industrial Insight Report released Wednesday by the Phoenix office…
Downtown Phoenix is where history meets the future. Over the last couple decades and especially in the last five years, a combination of factors, investments and new developments have aided in…
McCarthy Building Companies Inc. will top out construction on the highly anticipated, new $22 million five-level, 282,000-square-foot South Stadium Parking Structure for the University of Arizona (UA) in Tucson, Ariz.,…
Estancia, a 62-unit multifamily community at 3620 N. Miller Rd., Scottsdale, sold for $6,900,000 or $172.63 per SF ($111,290 per door). Lee & Associates brokers Bryson Fricke and Todd Braun…
An aging population, international immigration and fewer home purchases are resulting in an increased need for new apartments. The Phoenix metro area is expected to need 150,302 new apartments by…
Arizona got an “F” for its safety policies, scoring particularly poorly on traffic safety, in a new national ranking of how well states are prepared to deter preventable deaths. The…
