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RentCafe: Valley ZIP has most top-rated schools
News 5 months ago
RentCafe: Valley ZIP has most top-rated schools

For Phoenix parents looking to send their kids to the best schools, one city neighborhood stands out, according to a recent study from RentCafe....

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Massive Mesa office project signs first tenant
News 5 months ago
Massive Mesa office project signs first tenant

The Union, a 1.35 million-square-foot Class A office complex planned near the Chicago Cubs' spring training home in Mesa, signed its first office...

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North America’s first landscape hotel planned for Arizona
News 5 months ago
North America’s first landscape hotel planned for Arizona

A new hotel being proposed in Sedona will be the first of its kind in North America. The Ambiente is being referred to as a "landscape hotel,"...

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Panini Kabob Grill coming to Tempe
News 5 months ago
Panini Kabob Grill coming to Tempe

A first-to-market restaurant concept is the latest tenant to sign a lease at the Watermark Tempe, a $150 million mixed-use development being built...

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First plans revealed for Phoenix Suns practice facility
News 5 months ago
First plans revealed for Phoenix Suns practice facility

Red Development has submitted its first plans to the city of Phoenix for the mixed-use development that will include the Phoenix Suns practice...

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Acronis expanding in Arizona with $50 million R&D office in Tempe
News 5 months ago
Acronis expanding in Arizona with $50 million R&D office in Tempe

Global cyber protection company Acronis International GmbH is expanding in the Valley with a new research and development office in Tempe. Acronis...

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Brookfield selects Shea and Landsea Homes for Alamar
News 5 months ago
Brookfield selects Shea and Landsea Homes for Alamar

Brookfield Residential Arizona has selected the first two homebuilders for its 1,130-acre Alamar master-planned community in Avondale. Scottsdale...

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Investor buys industrial portfolio, plans new buildings
News 5 months ago
Investor buys industrial portfolio, plans new buildings

ViaWest Group purchased an industrial portfolio including two existing buildings and two parcels of land that, combined, will have a total of 650...

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One of Arizona's biggest private land purchases closes
News 5 months ago
One of Arizona's biggest private land purchases closes

Saint Holdings LLC, the Scottsdale real estate firm behind some of Pinal County's largest land deals, finalized buying 5,650 acres in Coolidge that...

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Tides Equities buys more Valley apartments
News 5 months ago
Tides Equities buys more Valley apartments

Tides Equities LLC, a Los Angeles-based investor that bought the most Valley apartment units in 2018, is on track to do it again, with two other...

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Medical office building sets Valley price record
News 5 months ago
Medical office building sets Valley price record

Spectrum Medical Commons, a 43,355-square-foot Class A medical office building adjacent to Mercy Gilbert Medical Center, sold for $17.75 million....

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Valley apartment rental increases cause affordability concerns
News 5 months ago
Valley apartment rental increases cause affordability concerns

While apartment rental rates in metro Phoenix seem like a bargain with other markets - especially California - they continue to outpace the nation,...

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Esplanade tower fetches $60 million in sale
News 5 months ago
Esplanade tower fetches $60 million in sale

Camelback Esplanade III, a 218,387-square-foot,10-story office building at 24th Street and Camelback Road, sold for $60.25 million. Transwestern...

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Kyle Kennedy takes top Arizona job with Bell Bank
News 5 months ago
Kyle Kennedy takes top Arizona job with Bell Bank

A seasoned bank executive has taken the top job with a fast-growing North Dakota financial services player that has big expansion plans in the...

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Praedium Group acquires 2 new multifamily properties
News 5 months ago
Praedium Group acquires 2 new multifamily properties

The Praedium Group, a New York City-based real estate investment firm, has recently acquired two brand-new, multifamily properties in the southeast...

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Ballard Spahr names new Phoenix managing attorney
News 5 months ago
Ballard Spahr names new Phoenix managing attorney

Ballard Spahr's Phoenix office has picked a new managing attorney. Stephen Savage, a well-known business and transactions lawyer, will serve as the...

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Blink Fitness eyes Phoenix for expansion
News 5 months ago
Blink Fitness eyes Phoenix for expansion

Blink Fitness is eyeing the Phoenix market and could invest upwards of $18 million into the area over the next few years. While there are a number...

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Court dismisses part of attorney general's ASU hotel lawsuit
News 5 months ago
Court dismisses part of attorney general's ASU hotel lawsuit

A case against the Arizona Board of Regents filed by the Arizona Attorney General alleging the board violated the state's gift clause will continue...

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WeWork: the ‘hypothetical’ company at the heart of the property market
News 5 months ago
WeWork: the ‘hypothetical’ company at the heart of the property market

Editor's note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories likethis every...

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Demand for office, industrial space outpaces supply in Phoenix
News 5 months ago
Demand for office, industrial space outpaces supply in Phoenix

Phoenix was one of the hardest hit markets during the last recession, in part because of overbuilding. But, as the Valley's economy has recovered,...

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Morrison Ranch selects final 4 homebuilders
News 5 months ago
Morrison Ranch selects final 4 homebuilders

The Morrison family has selected four homebuilders to work on the final 119-acre community in the family's 2,000-acre Morrison Ranch master-planned...

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3rd Ave Investments sells Valley apartment property
News 5 months ago
3rd Ave Investments sells Valley apartment property

Zev Hendeles has been busy buying multifamily apartments in metro Phoenix, with plans to buy 600 more by the end of the year. But when a good deal...

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$1 billion Google data center coming to Mesa
News 5 months ago
$1 billion Google data center coming to Mesa

Mesa City Council is expected to approve a deal Monday that would allow Google Inc. to build a $1 billion data center in the Southeast Valley. The...

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Arizona 'opportunity' centers around transportation
News 5 months ago
Arizona 'opportunity' centers around transportation

For better or worse, opportunity zones abound in the Valley. When Conor Commercial Real Estate and Globe Corp. broke ground on a $33 million...

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Dan Lupien with Palmer Development Co. shares thoughts on opportunity zones
News 5 months ago
Dan Lupien with Palmer Development Co. shares thoughts on opportunity zones

Dan Lupien, principal with Palmer Development, is behind many of the major mixed-use projects under construction within the Salt River Pima...

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The unintended consequences of opportunity zone investments
News 5 months ago
The unintended consequences of opportunity zone investments

The Tax Cuts and Jobs Act has created a section of the tax code that allows taxpayers to take advantage of a new investment vehicle called...

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Obon opens second Scottsdale location
News 5 months ago
Obon opens second Scottsdale location

Tucson-based Fukushu Restaurant Concepts on Thursday opened its second Obon Sushi + Bar + Ramen in the Phoenix area, and third overall. The company...

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Huge commerce park planned near Loop 202 extension
News 5 months ago
Huge commerce park planned near Loop 202 extension

Trammell Crow Co. will build a 700,000-square-foot commerce park along the South Mountain extension of the Loop 202 on the Gila River Indian...

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Blackstone buys Valley apartments from Bridge Investment Group
News 5 months ago
Blackstone buys Valley apartments from Bridge Investment Group

Blackstone Group LP paid $77.5 million for a 480-unit apartment community in Phoenix, according to Vizzda real estate database. The seller in the...

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Phoenix opportunity zones sale prices trending upward
News 5 months ago
Phoenix opportunity zones sale prices trending upward

More than 15% of the Phoenix area's commercial property assets are located in qualified opportunity zones, more than the national average of nearly...

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