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Technology manufacturer ABB plans to hire 100 in Phoenix
News 1 day ago
Technology manufacturer ABB plans to hire 100 in Phoenix

Technology manufacturer ABB Inc. leased a 400,000-square-foot warehouse in far west Phoenix that will open in the third quarter and eventually...

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Before coronavirus, $1.8B in Phoenix CRE construction began in 2020
News 3 days ago
Before coronavirus, $1.8B in Phoenix CRE construction began in 2020

The robust construction activity could poise Phoenix to be more resilient coming out of the downturn, one expert said. This account isn't linked to...

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My View: In real estate, it's no time for traditional thinking or actions
News 4 days ago
My View: In real estate, it's no time for traditional thinking or actions

I have been asked several times during the past couple weeks about the impact COVID-19 will have on real estate and my answer is, we can only...

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Coronavirus fallout to test Phoenix commercial real estate industry's 'extend and pretend' limits
News 4 days ago
Coronavirus fallout to test Phoenix commercial real estate industry's 'extend and pretend' limits

Commercial real estate experts agree it’s too early to tell how or when vulnerabilities will come to the fore as the global economy implodes under...

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Largest Phoenix-Area Construction Projects
News 4 days ago
Largest Phoenix-Area Construction Projects

Surveyed list for Phoenix-area construction projects that started in 2019, ranked by total project budget. Information points include name of...

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Phoenix Area's Most Expensive Luxury Apartments
News 4 days ago
Phoenix Area's Most Expensive Luxury Apartments

List information provided by Yardi Matrix, www.yardimatrix.com, ranked by market rates for 1-bedroom apartments in the Phoenix area. Information...

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My View: Biltmore residents don't need 'enhanced' golf course, clubhouse
News 4 days ago
My View: Biltmore residents don't need 'enhanced' golf course, clubhouse

A long-time Biltmore resident writes in opposition to plans to expand the Arizona Biltmore Golf Club. This account isn't linked to a paid Phoenix...

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Cheesecake Factory won’t pay April rent because of coronavirus losses
News 5 days ago
Cheesecake Factory won’t pay April rent because of coronavirus losses

One of the country's largest restaurant chains, and the parent company to some of Phoenix's most popular eateries, has sent a letter to its...

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Office redevelopment planned for Kierland area of Phoenix
News 5 days ago
Office redevelopment planned for Kierland area of Phoenix

An old office complex near Kierland Boulevard and Marilyn Road in northeast Phoenix is planned to be razed and redeveloped into two six-story Class...

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As businesses close, WeWork tries to lure workers back
News 6 days ago
As businesses close, WeWork tries to lure workers back

The headquarters of WeWork in New York on Nov. 18, 2019. The shared office space company is offering its workers $100-a-day bonuses to come to its...

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Scottsdale broker: Real estate transactions down, not stopped in wake of coronavirus
News 1 week ago
Scottsdale broker: Real estate transactions down, not stopped in wake of coronavirus

The downturn associated with coronavirus could cause new business types to emerge, a Scottsdale commercial real estate expert said. Filled with ...

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WeWork braces for fight as SoftBank wavers on stock deal
News 1 week ago
WeWork braces for fight as SoftBank wavers on stock deal

The threat from SoftBank raised scores of questions, both for the future of WeWork and for the health of the Japanese group itself. RV Rental...

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Behind the deal: 'Opportunity zone' made Scottsdale Entrada deal 'once-in-a-lifetime' project
News 1 week ago
Behind the deal: 'Opportunity zone' made Scottsdale Entrada deal 'once-in-a-lifetime' project

The California-based developer behind the ambitious project already had relationships in the industry in Phoenix, making the Valley an attractive...

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Tempe office fetches $5.9 million in sale
News 1 week ago
Tempe office fetches $5.9 million in sale

A 32,350-square-foot Class A office/flex building at 914 S. 52nd St. in Tempe has changed hands. The building is fully leased to two tenants, La...

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Valley commercial real estate industry braces for coronavirus fallout
News 1 week ago
Valley commercial real estate industry braces for coronavirus fallout

The sector is preparing for a slew of changes, including moving to different business practices and a shifting perception of office space,...

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By the numbers: Key parts of Valley dominate industrial construction
News 1 week ago
By the numbers: Key parts of Valley dominate industrial construction

The Valley's industrial market remained active in 2019, led by construction in its southwest and southeast portions, which ended the year with 5.9...

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Phoenix construction firm names new president
News 1 week ago
Phoenix construction firm names new president

Phoenix-based Willmeng Construction named Mike Mongelli, the company's former chief operating officer, as president of the firm. "Mike has been our...

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Construction begins on Scottsdale Entrada redevelopment
News 1 week ago
Construction begins on Scottsdale Entrada redevelopment

The vacant former Scottsdale Auto Park will be razed and redeveloped into a mixed-use campus. Here's an updated timeline on when various phases are...

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Architecture, design firm to take Esplanade's empty restaurant space
News 1 week ago
Architecture, design firm to take Esplanade's empty restaurant space

The office will adaptively reuse a former freestanding restaurant space in the popular Camelback Corridor office development. This account isn't...

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SoftBank may not buy $3 billion in WeWork shares
News 1 week ago
SoftBank may not buy $3 billion in WeWork shares

Filled with "must read" stories, industry news and reporter insights, exclusive interviews with local business leaders, and expanded Top 25 Lists....

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How big businesses get a ‘deep clean’
News 2 weeks ago
How big businesses get a ‘deep clean’

As other workplaces go online-only, traders continue to jostle on the floor of the New York Stock Exchange and the building has started to be...

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Hines, Oaktree plan West Valley industrial complex near Loop 303
News 2 weeks ago
Hines, Oaktree plan West Valley industrial complex near Loop 303

Hines and Oaktree Capital Management have bought 76 acres near Loop 303 and Glendale Avenue in Glendale and plan to develop two speculative...

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Real estate industry veterans join Scottsdale-based Keyser
News 2 weeks ago
Real estate industry veterans join Scottsdale-based Keyser

The two add to the capital markets and brokerage teams. Filled with "must read" stories, industry news and reporter insights, exclusive interviews...

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Central Phoenix office closed due to possible coronavirus exposure
News 2 weeks ago
Central Phoenix office closed due to possible coronavirus exposure

CBRE closed its 2020 N. Central Ave. office after an employee reported they had been exposed to someone they believed was a confirmed case of the...

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Coronavirus worries, market slump starting to affect public real estate trusts
News 2 weeks ago
Coronavirus worries, market slump starting to affect public real estate trusts

As the stock market saw its worst drop since 2008 on Wednesday amid uncertainty over the novel coronavirus, publicly traded real estate investment...

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Entrepreneur: Industry veterans launch Valley construction site cleaning firm
News 2 weeks ago
Entrepreneur: Industry veterans launch Valley construction site cleaning firm

Corina Burton and Patrick Maez formed CPR Construction Cleaning in 2019 after years working in the industry. The two co-owners are already looking...

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PBJ Suites: Ideation Design Group office focuses on creative details
News 2 weeks ago
PBJ Suites: Ideation Design Group office focuses on creative details

When it came time for Ideation Design Group to build its new Phoenix office, the firm made sure all the details tied together. The employees helped...

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Mixed-use office, hotel project planned near East Valley hospital
News 2 weeks ago
Mixed-use office, hotel project planned near East Valley hospital

In total the project includes nearly 100,000 square feet of new space on vacant land....

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Bay Area software startup signs Valley office lease in Biltmore area
News 3 weeks ago
Bay Area software startup signs Valley office lease in Biltmore area

The company's CEO said the Biltmore area was chosen because of the great amenities in that area, and its access to talent. A number of San...

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Valley among nation's top markets for industrial property construction
News 3 weeks ago
Valley among nation's top markets for industrial property construction

The Phoenix region ranks among the nation's top markets for industrial development planned or under construction, a new study shows. The 2020...

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