Arizona Builders Deliver Thousands of Toys to Kids in Need

Arizona’s 2nd largest toy drive brought holiday cheer to children across the state

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Arizona Builders Alliance (ABA) with the help of construction industry workers across the state helped make a difference in the lives of over 3,000 children in need this holiday season through the 15th Annual Community Service Board's 2024 Toy Drive. Over 150 Arizona construction companies and individuals collected the mountain of toys, gifts, and approximately $45,000 in … [More]

Phoenix Selects Arizona-Based Architectural Firm for Resource Innovation Campus

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​Phoenix City Council selected Arizona-based architectural firm Krause as the winner of the C40 Cities Reinventing Cities Initiative to develop Phoenix’s Resource Innovation Campus. The Council voted to enter into a contract with Arizona-based architectural firm Krause to develop Phoenix’s Resource Innovation Campus. Through its design, Krause and their collaborators will … [More]

P.B. Bell Names New CEO

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P.B. Bell, a leading multifamily real estate company, recently appointed Justin Steltenpohl as its new CEO, effective Jan. 1, 2025. This announcement comes alongside other recent leadership hires and appointments, showcasing the company’s commitment to ensuring its continued success and longevity. Chapin Bell, the owner of the company, will remain involved as Chairman of P.B. … [More]

Arcadia Shopping Center Transforms with New Tenants and Modern Upgrades

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Westwood Financial, a more than 50-year-old leading retail real estate investment firm based in Los Angeles, announces the opening of Derma Health at Camelback Village in Phoenix’s Arcadia neighborhood. In addition, LaLa Land Kind Cafe has signed a lease at the center and will open in 2025. With this latest momentum, Camelback Village is now 100% leased. Since launching a … [More]

Builder Acquires Land to Develop 599 Affordable Apartment Homes in Surprise

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Dominium, a leading affordable housing owner, developer and manager announced that it has closed a deal to acquire land for the development of a new community of affordable housing in Surprise, Arizona. Dominium plans to use the land located at 13500 N Cotton Lane in Surprise to construct Arterra and Orchard Springs, new high-quality housing communities for low-income families … [More]

Developer Completes 418,000 SF Distribution Center in Surprise

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Rockefeller Group announced today that it has completed construction of a 418,400 square foot distribution center on 24 acres in Surprise, Ariz., part of the Southwest Valley industrial submarket.  Surprise Pointe Commerce Center can accommodate one to four tenants and offers 36-foot clear height, 80 dock doors, a 190’ truck yard, 103 truck trailer parking stalls, 466 … [More]

City of Phoenix Breaks Ground on New Affordable Homes in Garfield Neighborhood

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The City of Phoenix, in collaboration with Trellis Community Development, proudly announces the groundbreaking of a transformative affordable housing project in the Garfield neighborhood. This initiative, part of the City's commitment to expanding homeownership opportunities, will bring 10 new affordable and sustainable single-family homes to the community. “This … [More]

Renovations at Iconic Gilbert Water Tower Plaza Come to Life in Time for the Holidays

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The iconic Gilbert Water Tower Plaza is coming to life once again, just in time for the holidays. The Town of Gilbert and Willmeng celebrated the reopening of the updated Water Tower Plaza with a public event and the ceremonial Lighting of the Water Tower on Monday, December 16. This revitalized community space, located in the heart of the Heritage District, now boasts a range … [More]

Six New Tenants to Open in Scottsdale 101, Sonora Village and Pima Crossing in 2024

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YAM Properties is welcoming six new tenants at three of its shopping centers, Scottsdale 101, Sonora Village and Pima Crossing. These new tenants include a mix of health and wellness centers, restaurants and retail. “We’ve seen so much growth throughout 2024, and we are excited for these new tenants to become part of our Scottsdale properties,” said Marta Kenny, director of … [More]

National Builder Joins Roster of Homebuilders for Community’s First Village of Floreo

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Howard Hughes Holdings Inc. announced the addition of Meritage Homes to the roster of homebuilders at Teravalis™, the company’s new community located in the Phoenix West Valley. Meritage joins Brightland Homes, Century Communities, Courtland Communities, KB Home, Lennar and New Home Co. as homebuilders for Floreo, the first village of Teravalis. Floreo is under development, … [More]

Renovations, New Tenants Coming to Broadway Mesa in Mesa Asian District

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Long-time Valley commercial real estate owner Mekong Real Estate Investment Group has secured the first of several anticipated new lease commitments at Broadway Mesa, a 183,535-square-foot retail center slated for a major renovation in the heart of Mesa, Arizona’s popular Asian District. Located at 1920 W. Broadway Rd., at the northeast corner of Dobson and Broadway roads, the … [More]

Arizona’s Largest Real Estate Crowdfunding Co. Acquires Distressed Property in Central Phoenix

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Neighborhood Ventures, Arizona's largest real estate crowdfunding company, announced its latest acquisition, Venture on Colter (formerly known as Thom Slate on Colter), a 123-unit multifamily property located in Central Phoenix near Grand Canyon University and I-17. This acquisition underscores NV's commitment to identifying value-add opportunities in high-growth areas while … [More]

First Tempo by Hilton in Phoenix-Metro Anchors New Mixed-Use Development

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VIVO Development Partners has broken ground on the dual-branded Tempo by Hilton and Homewood Suites by Hilton at Gallery Park in Mesa. The groundbreaking ceremony, held on December 5, marked a significant milestone in the realization of Gallery Park, an emerging mixed-use destination in the heart of Mesa’s Gateway Employment Area. The groundbreaking event was notably … [More]

CRE Association Elects New Officers and Board for 2025, Celebrates Members with Annual Awards

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BOMA Greater Phoenix (Building Owners and Managers Association), the industry group that advances the commercial real estate industry through advocacy, influence, and knowledge, is ending the year on a high note, electing its 2025 officers and board members and hosting its annual Awards Gala. Kathryn Rhinehart, CMP, RPA, LEED GA, with NAI Horizon, will serve her second term … [More]

Brand New Luxury Apartment Home Community Debuts as a Key Piece of Developer’s Peoria Place Master Plan

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Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, has announced that it will begin pre-leasing for Marlowe Peoria Place, the luxury apartment home community that acts as a key piece of Greystar’s Peoria Place master plan, in January 2025. Marlowe by Greystar provides suburban … [More]

Online Auctions and Discounted Merchandise Co. Leases 113,530 SF in Mesa

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Kitchell Development Company proudly announces that MAC.BID, a leader in online auctions and discounted merchandise, has signed a lease for 113,530 square feet at Elliot 94, Kitchell’s premier Class A industrial development in Mesa. This milestone marks 75% occupancy of Phase 1, with just one 50,509-square-foot space remaining in the four-building development. Located in the … [More]

Developer Celebrates Opening of First Industrial Project in Surprise

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Evergreen Devco, Inc., a leader in commercial and industrial real estate development, recently celebrated the grand opening and ribbon-cutting for its first industrial project at the intersection of Litchfield Road and Desert Cove Road in Surprise. The event took place November 13, bringing together key stakeholders, partners and members of the community. The Evergreen … [More]

Acquisition of Two Industrial Manufacturing Buildings in Gilbert Shows Firm’s Commitment to Arizona

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Arc Capital Partners (Arc), in partnership with ScanlanKemperBard (SKB), announce the acquisition of two fully leased industrial and advanced manufacturing facilities located at 1250 and 1300 North Fiesta Blvd in Gilbert, Arizona—a highly sought-after submarket within the Southeast Valley of Phoenix, known for its strong demand and limited supply of industrial space. The … [More]

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