Vitamin Shoppe is locating its new West Coast distribution facility to Avondale, into an existing newly-built 187,000-square-foot building, in an agreement unanimously approved by the Avondale City Council. The Avondale…
This year, experts still see Arizona as a hotspot for commercial real estate activity and development. While activity in other markets across the nation is starting to fizzle out, Arizona…
For the office market, the latest trend is in spaces designed to be creative, collaborative and flexible. Newer developments emphasize flexible layouts, open spaces, upgraded common areas and amenities to…
Vacancy rates remain low despite the ongoing delivery of new high-end multifamily units. As long as vacancy remains in check, the multifamily market will remain strong in the Valley, which…
The “shift from bricks to clicks” in the retail industry describes a growing trend of retailers who are selling products online instead of at brick-and-mortar stores and shopping centers. In…
An entity owned by Goldman Sachs & Co. purchased the Walmart anchored Bethany Towne Center, located near Bethany Home Road and 35th Avenue in Phoenix, for $41.3 million, according to Cushman &…
Solar developers see Arizona as a hotbed for future solar facilities as new technologies emerge and the solar race picks up in the desert. Arizona’s solar boom is creating a…
Bioscience and medical sectors remain strong with dozens of projects occurring across the Valley. The transition in healthcare to a “well care” system instead of “sick care” model is accompanied…
Industrial vacancy rates returned to single digits for the first time since the third quarter of 2007 and the Valley’s market is expected to remain hot. Cushman & Wakefield reports…
A 50,000-square-foot built-to-suit manufacturing facility in Prescott was finished for its occupants, Vinyl Visions LLC, which is relocating from Southern California to the new facility. The two-story facility sits on 3.5…
California-based OpenPath Investments purchased Green Leaf Vista, a 98-unit apartment complex in Mesa, from Green Leaf Partners for an undisclosed amount, according to brokerage firm Marcus & Millichap who represented the…
LGE Design Build completed construction on a showroom for The Stone Collection, a wholesaler of natural stone slabs and other premium hard surface materials in Phoenix. The Stone Collection’s new 100,000-square-foot…
