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Office tenants struggle to build a bridge to somewhere
News 8 hours ago
Office tenants struggle to build a bridge to somewhere

The New Math is a weekly analysis exploring the fast-changing economics shaping how different classes of commercial real estate are being used and...

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When (office) size matters: Pandemic brings disruption to the Valley real estate market
News 11 hours ago
When (office) size matters: Pandemic brings disruption to the Valley real estate market

Office buildings like the Grand at Papago Park have challenges ahead when more people start coming back to work, and are setting up enhanced safety...

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Architecture, co-working firms adjust to the new needs of Valley office workers
News 11 hours ago
Architecture, co-working firms adjust to the new needs of Valley office workers

Valley architects are in a unique position these days, considering they are in the business of planning how workspaces are laid out. As think...

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80-acre Mesa mixed-use project moves forward
News 12 hours ago
80-acre Mesa mixed-use project moves forward

Mesa-based Bela Flor Communities is the master developer but several other developers are involved with portions of the overall project. The site...

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Central Phoenix medical office sells for $3.5 million
News 1 day ago
Central Phoenix medical office sells for $3.5 million

What: 300 E. Osborn Road in Phoenix, a 19,615-square-foot multi-tenant medical office building. Buyer: Wentworth Property Co. What they said: "We...

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West Coast investor buys high-dollar Phoenix industrial building
News 1 day ago
West Coast investor buys high-dollar Phoenix industrial building

The buyer has been active in the Valley's industrial market with several recent purchases. The latest was purchased for $31 million....

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Paradise Valley alleges Ritz-Carlton developer lawsuit is an attempt to get leverage
News 1 day ago
Paradise Valley alleges Ritz-Carlton developer lawsuit is an attempt to get leverage

Officials from the town of Paradise Valley say a lawsuit filed against the municipality by the developer of a $2 billion master-planned community,...

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California industrial developer closes on Phoenix building purchase
News 2 days ago
California industrial developer closes on Phoenix building purchase

Company executives said they are loading up with fresh capital to invest in the Valley market. This account isn't linked to a paid Phoenix Business...

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Phoenix developer Merit Partners buys land, plans industrial park
News 3 days ago
Phoenix developer Merit Partners buys land, plans industrial park

The "significant" land deal is among the largest in the Valley since the Covid-19 pandemic began. The land was purchased from a major Mexican...

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amazon-buys-more-land-in-west-valley
News 3 days ago
amazon-buys-more-land-in-west-valley

Amazon.com Inc. bought 91.5 acres of land in Goodyear for $19.85 million, according to real estate database Vizzda. According to Vizzda, Seattle...

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Phoenix real estate firm buys Chandler retail center
News 4 days ago
Phoenix real estate firm buys Chandler retail center

Evergreen DevCo, a Phoenix based development company focused on retail and multifamily projects, bought Chandler Pavilions, a value-add retail site...

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With department stores disappearing, malls could be next
News 4 days ago
With department stores disappearing, malls could be next

Editor's note: This story is available as a result of a content partnership with The New York Times. Subscribers will see stories like this every...

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Kensington Vanguard hires Carol Rieger and Nicole Marucci for Valley office
News 1 week ago
Kensington Vanguard hires Carol Rieger and Nicole Marucci for Valley office

The two new hires will lead the new Valley office of Kensington Vanguard National Land Services. This account isn't linked to a paid Phoenix...

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Value of Phoenix-area construction starts decreased in May
News 1 week ago
Value of Phoenix-area construction starts decreased in May

April saw a modest increase in construction value in the Valley, followed by a large decrease in May, which was the year's first month of declines...

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Ryan Cos. appoints new leader of management for Southwest region
News 1 week ago
Ryan Cos. appoints new leader of management for Southwest region

The new vice president of management has worked at Ryan for three years, serving as director of real estate management. This account isn't linked...

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Ritz-Carlton developer alleges 'shakedown' in suit filed against Paradise Valley
News 1 week ago
Ritz-Carlton developer alleges 'shakedown' in suit filed against Paradise Valley

The developer behind a $2 billion, 122-acre master-planned community in Paradise Valley has filed a lawsuit, alleging the town is trying to "shake...

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Movie theater reopenings have been pushed back. More bankruptcy filings could be next
News 1 week ago
Movie theater reopenings have been pushed back. More bankruptcy filings could be next

As the days and weeks drag on since Arizona movie theaters went dark at the outset of the coronavirus, the industry is expected to experience a...

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Industrial building planned in Chandler secures $12 million in financing
News 1 week ago
Industrial building planned in Chandler secures $12 million in financing

Hopewell Development, a Canadian commercial real estate developer with offices in Toronto and Calgary, is planning a two-building industrial...

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Developer launches Phoenix-based land acquisition group
News 1 week ago
Developer launches Phoenix-based land acquisition group

Van Tuyl Cos., the parent company of Kansas City, Missouri-based VanTrust Real Estate, is launching VT LandGroup, a venture dedicated to land...

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Microsoft closes almost all of its retail stores, including two in the Valley
News 2 weeks ago
Microsoft closes almost all of its retail stores, including two in the Valley

Microsoft Corp. is closing its physical retail stores around the world. The Redmond, Washington-based technology giant announced Friday it will...

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California real estate firm opens Scottsdale brokerage, operations center
News 2 weeks ago
California real estate firm opens Scottsdale brokerage, operations center

Matthews Real Estate Investment Services opened a brokerage office and operations center in Scottsdale, creating the 11th office for the California...

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Flite business park ready for takeoff (and office tenants) in Goodyear
News 2 weeks ago
Flite business park ready for takeoff (and office tenants) in Goodyear

Daryl Burton is hoping to fill up the Flite business park in Goodyear after his company completes extensive renovations to multiple buildings on...

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Executive Inc.: Valley attorney Ben Graff balances public service with fun, laughter
News 2 weeks ago
Executive Inc.: Valley attorney Ben Graff balances public service with fun, laughter

Ben Graff always has sought balance in his life, between his work as a real estate attorney, his life with his family and his love for public...

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Largest Phoenix-Area Residential Real Estate Brokerages
News 2 weeks ago
Largest Phoenix-Area Residential Real Estate Brokerages

Surveyed list ranked by 2019 local (Maricopa County) dollar sales volume. Other information points include number of homes sold, number of local...

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Developer moves forward with Valley hotels, spec office
News 2 weeks ago
Developer moves forward with Valley hotels, spec office

Mortenson has two hotels in the region under construction, including one that is slated to open in mid-August. This account isn't linked to a paid...

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Which towns and cities will be post-pandemic winners?
News 2 weeks ago
Which towns and cities will be post-pandemic winners?

Richard Florida is the urban theorist who coined the term "the creative class" and spotted its takeover of the world's city centres. He'd barely...

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Two top office brokers move to JLL in Phoenix
News 2 weeks ago
Two top office brokers move to JLL in Phoenix

The new managing director and senior associate join JLL as part of the firm's office market group, which focuses on large-scale office buildings...

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City tax incentive under fire after Maricopa County court ruling
News 2 weeks ago
City tax incentive under fire after Maricopa County court ruling

A Maricopa County Superior Court judge recently ruled against a tax incentive in the city of Phoenix, but one Phoenix attorney said the decision...

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Canadian agricultural firm amasses thousands of acres west of Phoenix
News 2 weeks ago
Canadian agricultural firm amasses thousands of acres west of Phoenix

A Canadian agricultural company is buying farmland west of Phoenix to beef up its growing seasons. Here's a look at what the company has acquired...

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Three-building industrial park planned in West Valley
News 2 weeks ago
Three-building industrial park planned in West Valley

The developer bought the Avondale property, which was already entitled by the city, earlier this month....

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