Rancho La Loma, located on the northwest corner of Camelback and Litchfield Roads, is brimming with widespread development, including; the renovation of P.W. Litchfield Heritage Center, the opening of the Litchfield Park Branch Library’s new location, which will allow for expanded library programming and enhanced capacity for seating and public use, and the opening of Agua Fria … [More]
Dining Lineup Expands at Verrado Marketplace ahead of 2026 Opening
Vestar, one of the largest privately held shopping center owners and operators in the western United States, has announced a new wave of restaurants coming to Verrado Marketplace, opening in 2026. Among the newest additions are: OHSO Brewery, Paris Baguette, BJ’s Restaurant, and Chili’s Grill & Bar. OHSO Brewery is set to occupy roughly 5,300-square feet of space within … [More]
Naples-Based Investment Firm Acquires 360-Unit Apartment Community in West Valley
TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, FL, announced the acquisition of Tresa at Arrowhead Apartments, a 1998-built, 360-unit apartment complex located in the Arrowhead Ranch submarket of Phoenix, AZ. "Tresa's purchase profile is consistent with our deep value strategy going forward. We are excited about continuing to … [More]
Two Neighborhoods Debut at Expanding West Valley Master Plan
Richmond American Homes of Arizona, Inc., a subsidiary of Sekisui House U.S., Inc., announced the Grand Opening of two new neighborhoods—Seasons and Estates at Haciendas at White Peak in Peoria. These highly anticipated communities showcase an inspired array of single- and two-story floor plans with open layouts and designer details. Seasons and Estates at Haciendas at White … [More]
Flexible Warehouse Space in Tempe
Leading design-build firm LGE Design Build recently complete construction on Source Business Center, a 144,885-square-foot Class-A industrial facility situated on a 15-acre site at the southeast corner of Warner Road and Hardy Drive in Tempe designed to be timeless and welcoming. Developed by Creation and investor CrossHarbor Capital Partners, the project offers generous … [More]
Historic Phoenix Logistics Development on Infill Space
CapRock Partners, a privately-owned investor and developer of industrial real estate in the Western and Central U.S., recently completed CapRock West 202 Logistics – Phase 2, marking the final phase of Phoenix’s largest speculative industrial development. Phase 2 delivers 825,000 square feet of Class A warehouse space across three buildings on 43 acres in the Southwest Phoenix … [More]
The Partnership of Hospitality and Healthcare
While 84% of U.S. consumers say wellness is a “top” or “important” priority, per a recent 2026 poll by McKinsey, commercial real estate is activity responding to this growing need. In hospitality especially, hotels and resorts are focusing on how to expand their amenity packages to create experiences that enhance a traveler’s overall well-being. Leveraging emerging tech, … [More]
Upscale 353-Unit Multifamily Project Breaks Ground in Southeast Valley
The NRP Group, a vertically integrated developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of an upscale, 353-unit multifamily development within Medina Station, a 60‑acre master planned community in Mesa, Arizona. The four‑story, elevator‑served community will be built on a 10‑acre parcel in the northeast quadrant of the … [More]
New Retail Center Anchored by Fry’s Rises in Avondale
Evergreen Development celebrated the construction progress of Marketplace at Tres Rios, its latest Fry’s Marketplace shopping center, located at the southwest corner of Avondale Boulevard and Lower Buckeye Road in Avondale, Arizona. Designed to serve the rapid growth in southern Avondale, including the Alamar master-planned community, Marketplace at Tres Rios will provide a … [More]
24.5-Acre Retail Development Targets Rapidly Growing West Valley Corridor
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for a new ±24.5-acre commercial retail development at the southeast corner of 99th Avenue and Indian School Road, just west of Loop 101 in Phoenix. The project will be anchored by EOS Fitness and feature a lineup of nationally recognized brands including Dutch … [More]
New Two-Story Home Collection Debuts in East Valley
Richmond American Homes of Arizona, Inc., a subsidiary of Sekisui House U.S., Inc., announced the Grand Opening of Fusion at Blossom Rock in Apache Junction. This highly anticipated addition to the sought-after Blossom Rock masterplan offers an inspired array of two-story floor plans with open layouts and designer details. In addition to a selection of quick move-in homes, … [More]
Developer Secures 260-Unit Luxury Apartment Site in Mesa
Evergreen Development announced its successful acquisition of The CORE, a fully entitled and permitted planned luxury multifamily community consisting of 260 units to be located immediately west of Banner Gateway Medical Center at US 60 & Higley. Hunting for well-located apartment sites in strong Metro Phoenix submarkets, Evergreen pounced on the opportunity to work with … [More]
Luxury Builder Debuts 32-Acre Gated Community in Gilbert
Tri Pointe Homes Arizona, a recognized leader serving the Phoenix market for more than 30 years under the name Maracay®, announced the grand opening of Emberly, a new 32-acre gated community in Gilbert, Arizona. Located at the southwest corner of San Tan Boulevard and 172nd Street, Emberly boasts 42 homesites that epitomize single-story premium living. Sales are currently … [More]
Phoenix Office Market Posts Strongest Quarter Since 2019
The Greater Phoenix office market's fourth quarter 2025 posted its strongest net absorption since fourth quarter 2019, totaling 531,893 square feet. The uptick in net absorption and 10-year low construction activity led to a decline in direct vacancy to 15.1 percent, according to a report released by Colliers. The Greater Phoenix office market finished 2025 with its … [More]
237-Unit Affordable Community Underway in Downtown
The City of Phoenix and its partners celebrated the groundbreaking of The Moreland, a transformative 237-unit housing community that will bring much needed affordable and workforce housing to downtown. This milestone reflects another step in the City's commitment to creating housing that is accessible, dignified, and designed for Phoenix families. "With The Moreland, we are … [More]
Boutique Luxury Home Community Breaks Ground in Scottsdale
Phoenix-based Curve Development announced the groundbreaking of its newest project, Quarter at Palm Scottsdale, a collection of 25 luxury single-family homes located at the corner of Palm Lane and 74th Street in Scottsdale, Arizona. This new for-sale community marks Curve Development's official entry into the single-family residential market and will bring fresh, modern design … [More]
$7.2M Northwest Phoenix Infill Site Sold for New Industrial Project
North Mountain Corporate Center, located at 10400 N. 25th Avenue in Phoenix, has been sold for $7,175,000. The property was acquired by The Meritex Company, headquartered in Minneapolis, Minnesota from Macfarlan Capital Partners, headquartered in Dallas, Texas. The buyer plans to redevelop the infill site with a new institutional-quality industrial project, repositioning the … [More]
Award-Winning Mesa Library Emerges as Architectural Landmark
The wait may have been 30 years, but the end result was well worth it. Willmeng Construction completed work on the new Mesa Gateway Library, the first public library to be built in the city in 30 years. The project, located at 5036 S. Eastmark Parkway in the heart of the Eastmark Great Park, is a stunning, state-of-the-art community centerpiece designed to serve its users for … [More]
