Ware Malcomb, an award-winning international design firm, announced construction is complete on Emblem Mesa, a new multifamily community in Mesa, Arizona. Ware Malcomb’s Phoenix office provided architectural design services for the 14.27‑acre, 248‑unit project, located at 1340 South 48th Street in Mesa's East Valley. Emblem Mesa is developed by Garrett Companies, a nationally … [More]
Auto & Retail Development at Mesa’s New SR-24 Interchange
Diversified Partners, a leading Scottsdale-based commercial real estate brokerage and development firm, is advancing Destination at Gateway, a 163-acre power center development located at the new SR-24 interchange at Signal Butte Road in Mesa, Ariz., in one of Arizona’s fastest-growing corridors. The project includes two distinct components now available for lease: 24 Auto Row, … [More]
Spec Industrial to Fill Need in West Chandler
A new project known as Ten56 is set to provide more than 180,000 square feet of speculative industrial space in the West Chandler employment corridor. Developed by STAG Industrial and Becknell Industrial, the building will be located less than a mile from the I-10/Loop 202 interchange at the southwest corner of 56th Street and Chandler Boulevard. Ten56 will help meet demand … [More]
Where Hospitality Meets Housing: The Rise of Resort-Adjacent Residential Communities in Phoenix
In Phoenix, where rapid growth continues to reshape both skyline and lifestyle, a shift is underway in how multifamily housing is conceived. Increasingly, the line between where people live and how they experience that environment is blurring as developers blend residential design with elements once reserved for hotels and resorts. Across high-growth markets, resort-adjacent … [More]
Hospitality Is a Verb: Designing Experiences People Remember
The design industry has spent years talking about experience. Hotels, restaurants, workplaces and mixed-use developments all aspire to create memorable moments that keep people coming back. But there is a challenge: Memorable experiences cannot be manufactured. Amenities can be replicated and beautiful interiors can be copied. What separates one place from another is … [More]
Major West Valley Development Names Main Street Developer
FIVE NORTH at VISTANCIA has reached a significant milestone with the selection of Scottsdale-based Lyfe Companies to develop its first phase of the main street retail and restaurant corridor, signaling continued momentum for the next major mixed-use hot spot destination in the far North Peoria/West Valley area. Vistancia Development LLC has entered into a contract with … [More]
$20M Medical Office Project Breaks Ground in Queen Creek
The Phoenix office of Kidder Mathews announced the groundbreaking of The Collective on Ocotillo, a new Class A medical office condominium development located at the SEC of Ocotillo Road and 226th Street in Queen Creek, Arizona. The $20.1 million project, developed by A.T. Craft of Mesa, Arizona, will provide healthcare professionals and medical users with a rare opportunity … [More]
Major Tempe Office Redevelopment Delivers New Industrial Hub
Creation, one of Arizona's leading real estate development firms, in partnership with CrossHarbor Capital Partners and Amherst, announced the completion of Nexus Commerce Center, a three-building, 273,000-square-foot Class-A industrial park at Elliot Road and Hardy Drive in Tempe. Delivered on a 16-acre site once home to Elliot Corporate Center, the redevelopment converts a … [More]
$44.5M Land Deal Paves Way for 308 Verrado Homes
Tri Pointe Homes announced the acquisition of approximately 99 acres within Verrado Highlands, the newest community within the award-winning Verrado planned community located in Buckeye, Arizona. Capitalized in partnership with Kennedy Lewis Investment Management and purchased from DMB White Tank, LLC for approximately $44.5 million, the acquisition is expected to bring 308 … [More]
TSMC Supplier Leases 151,000-Square-Foot Phoenix Facility
Marketech International Corporation, a leading Taiwanese technology service provider, has finalized a lease for a 151,451-square-foot warehouse facility at 950 West Rose Garden Lane in Phoenix’s Deer Valley submarket. Kidder Mathews Executive Vice Presidents Mike Ciosek and Eric Bell represented MIC in the transaction. MIC is a key contractor supporting Taiwan Semiconductor … [More]
TSMC Growth Fuels Planned 248-Unit Apartment Community
Crescent Communities, a nationally recognized real estate investor, developer, and operator of mixed-use communities, announced the land close for NOVEL Norterra, a new four-story multifamily community planned in northern Phoenix, Arizona. Situated on an 8.5-acre site just east of I-17, within the Norterra neighborhood, the development will include 248 for-rent residences in a … [More]
Mountainside FItness to Anchor FIVE NORTH Development
Phoenix-based retail brokerage specialist Western Retail Advisors has completed the sale of 4.1 acres within FIVE NORTH at VISTANCIA from Vistancia Development LLC to Mountainside Fitness, bringing a major fitness operator to the award-winning, 7,100-acre Vistancia master-planned community in North Peoria, Arizona. Totaling $3,013,808, the sale represents the first milestone … [More]
Goodyear Industrial Business Park Nears 690,000 SF with Expansion
A venture between Formation Interests and an affiliate of Crescent Real Estate LLC has broken ground on Phase II of Formation Park 10, a 261,168 square foot industrial development in Goodyear, Arizona. The three-building expansion follows the successful completion of Phase I and will bring Formation Park 10 to nearly 689,000 square feet of industrial space across five buildings … [More]
1.1 Million-SF Industrial Project Breaks Ground in the West Valley
Willmeng Construction began work on GO|99 North, the newest 1 million square foot speculative industrial building in the Valley. For developer GO Industrial, the 1.1 million square foot, Class A warehouse and distribution facility is the largest single building the company has brought to market. "GO | 99 North answers a genuine shortage of million-square-foot-plus buildings … [More]
$1B Master-Planned Community Opens First Model Homes
Saddleback, the $1 billion, 5,300-acre master-planned community under development in Peoria, has unveiled its debut collection of model homes by premier homebuilders Taylor Morrison and Lennar, marking a major milestone ahead of the community’s first resident move-ins this summer. Developed by Austin-based Castle Hill Partners, Saddleback is designed to blend seamlessly with … [More]
Major Industrial Development Planned Near Talking Stick Resort
Majestic Realty Co., the nation’s largest privately-held industrial real estate development company, and the Salt River Pima-Maricopa Indian Community (SRPMIC) announced a historic partnership and 99-year ground lease agreement that will serve as the foundation of a new, best-in-class light industrial project serving the Community and the greater Phoenix metro area. The … [More]
Biltmore Area Multifamily Property Trades Hands
Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fireside Apartments, a 20-unit multifamily property in Phoenix, Arizona, for $4.75 million. “The Biltmore area continues to attract investors because of its central location and proximity to many of Phoenix’s … [More]
Carefree Approves $5M Redevelopment of Historic Mall
During the June 2nd Carefree Town Council meeting, the council voted unanimously to approve Resolution 2026-12, a development agreement for Orchard Street Market, which will occupy the space currently known as Los Portales Mall. One of the developers, Ken Martindale of the Martindale Group, made a presentation of the concept to Council and residents that included their plans … [More]
