Opus recently broke ground on 59Bell Technology Park, a 57,520-square foot Class A speculative industrial development just south of Deer Valley’s industrial corridor in Glendale, Arizona. Designed to serve companies within the semiconductor and advanced technology supply chain, the building will offer a three-phase 3,000-amp electrical service — a power capacity more commonly … [More]
Why Infill Development Is Becoming a Strategic Advantage in Arizona
As the Valley continues to mature, we are beginning to see a generational shift as builders set their sights on infill development rather than the traditional large tracts of land where concrete tile roofs stretch as far as the eye can see. This shift is driven by buyers demanding shorter commutes, more services and smaller footprints — not just in square footage, but … [More]
Hospitality’s Only Constant Is Change; Hilton at the Peak Meets the Challenge
Growth and evolution in hospitality is a moving target; an always-changing dynamic where not keeping up is never an option. To remain competitive in an ever-shifting marketplace, balancing fickle consumer and economic trends, hotels must be laser-focused on what matters: product quality and guest experience. Forty years ago, Phoenix/Scottsdale enjoyed a modest … [More]
Bond Hits 98% Lease-Up with 33K SF of New Commitments
Phoenix-based developer George Oliver is approaching full lease-up at Bond, its Camelback Corridor luxury office redevelopment that blends superior design and highly curated meeting and workspaces with best-in-class wellness and culinary offerings. The hospitality-centric combination has attracted over 137,000 square feet in new leasing activity to Bond, bringing the Class A … [More]
Biltmore Fashion Park Office Building Hits Full Occupancy
RED Development has fully leased the office building at Biltmore Fashion Park, signing Van Trust and Phoenix Design One (PDO), to bring the over 30,000-square-foot building to full occupancy. VanTrust, a national, family-held real estate development company, signed a lease on the second floor, relocating from its existing Phoenix office. PDO, a full-service interior … [More]
Global Semiconductor Services Firm Adds 67 Acres to Peoria Site
Amkor Technology, Inc. reinforced its commitment to expanding Advanced semiconductor packaging and test capabilities in the United States through continued investment in its Arizona manufacturing footprint. Located within Peoria’s Innovation Core, Amkor’s campus is being developed on a 104-acre site designed to support large-scale, leading-edge semiconductor packaging and … [More]
US Merchants Secures 450K-SF Building in Northwest Valley
The Phoenix Office of JLL announced that it has completed the sale of the 453,960-square-foot Building One at West Summit at Surprise, a new two-building industrial project developed by Mohr Capital in Surprise, Arizona – one of Arizona’s fastest growing cities. US Merchants, a leading North American manufacturer of consumer goods and packaging, purchased Building One for … [More]
Homebuilder Acquires 70 Avondale Homesites in $6.3M Deal
Mattamy Homes, North America's largest family-owned homebuilder, has invested $6.37 million to acquire 70 homesites in Avondale, Arizona, expanding its presence in Phoenix's fast-growing Southwest Valley and bringing more homeownership opportunities to the area. The deal closed on Monday, May 18, 2026. The new neighborhood will be part of the Del Rio Ranch master-planned … [More]
Retail, Hotel Development Planned for TSMC Growth Corridor
Common Bond Development Group, the innovators behind some of the Southwest's most notable developments, announced The Shops at Halo Vista, a new 11-acre mixed-use retail and hospitality destination planned at the northwestern hard corner of the I-17 and Dove Valley Road in North Phoenix. Positioned as the gateway to the TSMC Campus and the surrounding community, it’ll be … [More]
Central Phoenix Restaurant Property Changes Hands
Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of an Original ChopShop property, a 2,847-square-foot single-tenant retail asset located in central Phoenix. “Midtown and central Phoenix are undergoing a significant transformation as high-density-residential … [More]
