Chetu, a leading provider of world-class software development and support services, is excited to announce the opening of its new, larger office in Tempe, Arizona. This strategic relocation comes in response to the company’s sustained growth and commitment to meeting the demands of the West Coast tech scene. With 14 offices throughout the U.S., United Kingdom, and India, … [More]
Agency Relocates to Downtown Phoenix
ON Advertising and RED Development announced that ON Advertising is relocating to a 14,400 square foot office in RED Development’s premier CityScape tower in the heart of downtown Phoenix. ON Advertising’s move is happening just as the firm celebrates 30 years in business. ON Advertising is a full-service agency that offers strong visual branding and storytelling along with … [More]
Tempe-Based General Contractor Announces New Ownership, Executive Leadership
Sun State Builders, a Tempe-based general contractor that has operated in Arizona for more than 50 years is now under new ownership. Mike Forst and Andrea Piering will become sole owners, as the company’s Founder and CEO Jim Chamberlain retires from the company’s day-to-day operations. Forst will now serve as CEO and Piering as president. Chamberlain will continue to partner … [More]
Sleep Inn Tempe Successfully Transforms into Thriving Student Housing Development
In a landmark transaction, the Sleep Inn, located in Tempe, has been acquired by a prominent student housing developer, marking the beginning of an exciting new chapter for the property. The 72-room hotel, strategically situated on 1.38 acres, has been sold to a visionary developer, who plans to demolish the existing structure and erect a state-of-the-art, 7-story student … [More]
Record Levels of New Space Deliveries Drive Up Vacancy in Phoenix Industrial Market
Strong Absorption Expected Through 2024 with Continued Rental Rate Increases
The Greater Phoenix industrial market delivered a historic 27.9 million square feet of new space during 2023, which drove vacancy rates up in the area, according to a report released by Colliers in Arizona. Vacancy rose to 6.7 percent at the end of fourth quarter, which marks a 370 basis point rise year-over-year. Strong pre-leasing of those delivered developments helped … [More]
Homebuilder Expands in Verrado 55+ Community, Closes 145 New Homesites
Landsea Homes Corporation, a publicly traded residential homebuilder, announced it has closed on 145 new homesites in Victory at Verrado, a 55+ active adult neighborhood in the Verrado master-planned community located in scenic Buckeye, Arizona. These new homes will be an extension of Landsea Homes' existing Skye Ridge at Victory neighborhood, which is almost sold out. "Our … [More]
Law Group Expands Footprint to Accommodate Growing Demand and Business Expansion
Law Group, Arizona’s leading personal injury law firm, today announced that it has doubled the square footage of its Southeast Phoenix office to further enhance its service capabilities in the thriving Tempe/Phoenix market. The expansion is a strategic move to accommodate the increasing demand for the firm’s legal expertise and to support its robust business growth throughout … [More]
Phoenix at the Crossroads: Embracing a Future as a Magnet for Visionary Architecture
In the heart of the American Southwest, Phoenix stands at a pivotal moment in its urban development. Unlike older cities whose downtowns are set in architectural stone, Phoenix’s relatively late development offers a unique opportunity. Here lies a blank canvas for creating not just a city, but a destination renowned for its iconic architecture. This potential, however, hinges … [More]
Better Efficiency with New Energy Star Requirements
The timing is right to upgrade windows and doors for energy efficiency, especially since the new Energy Star 7.0 requirements went into effect last October. The goal of Energy Star, as a government-backed symbol for energy efficiency, is to foster the use of more energy-efficient products, while diminishing greenhouse gas emissions and other pollutants. This is the first change … [More]
Shops at 75th Is Part of $100 Million Investment in Glendale
Diversified Partners recently broke ground on its Shops at 75th development project, located at 7501 W Bethany Home Rd. in Glendale, Ariz. The four-pad, 3.71-acre development has already attracted a variety of tenants, including Dutch Bros. Coffee, Cali Tacos Restaurant and BeBa Nails & Spa. Located in the heart of the West Valley, the new project is part of a portfolio … [More]
Fountain Hills Homesites Offer 360-degree View of Valley
The first two homes at gated community Bellos at The Summit in Fountain Hills are now available for tours. The full project features 27 homesites with 360-degree views of the Valley. Prior to 2005, 41 existing homes were built, and the community remained unfinished until KLMR Homes acquired the lots in 2020. The community borders Scottsdale near Shea and Palisades Boulevards at … [More]
Industrial Park303 Phase 2 Completes with Creative Amenities
Full-service commercial real estate firm Lincoln Property Company recently completed Park303 Phase 2, a Class A industrial development in Glendale, Arizona that is leading the market in creative industrial amenities. Among these: a high-end speculative office suite, leading-edge features for modern manufacturing and distribution, and a premier outdoor area with a pickleball and … [More]
Gila River’s New C-Store Is Life-Changing Development
Last month, the Wild Horse Development Authority and the Gila River Indian Community broke ground on Sacaton Market, which will be a convenience store and fuel station on the southeast corner of South Ocotillo Dr. and Bluebird Rd. This is a life-changing development in the area because it will bring fresh produce and groceries to what has been a food desert; members of the … [More]
Homebuilder Opens New Neighborhoods in Whispering Hills in Southwest Phoenix
Tri Pointe Homes®, a recognized homebuilder serving the Phoenix market for approximately 30 years under the brand name Maracay®, has celebrated the grand opening of three new neighborhoods in Whispering Hills, a new 122-acre planned community located at 3824 W. Whispering Hills Drive in southwest Phoenix. Tri Pointe Homes is expected to bring a total of 165 new homesites to … [More]
Cornish Pasty Co. Finds a Home in Downtown Glendale
Downtown Glendale is set to welcome a taste of Britain as Cornish Pasty Co., secures its place at the historic Gaslight Building. SVN Desert Commercial Advisors' AZO/I Team, represented by Richard Lewis, Justin Horwitz, Aaron Gutierrez, and Sean Alderman, played a crucial role in facilitating the lease deal for the Valley's eighth Cornish Pasty Co. location. The Gaslight … [More]
Scottsdale Homebuilder Opens Cave Creek Community, Plans More Valley Projects
KLMR Homes, a Scottsdale-based homebuilder, is opening its second project – Saguaro Trails in Cave Creek. The model home is now available for tours. Saguaro Trails features 22 exclusive homesites on the border of North Scottsdale and Cave Creek. This enclave of serene living features four floorplans ranging from 2,642 sq ft to 3,558 sq ft and three car garages. The 9,400 sq ft … [More]
Online Auto Sales Co. Enters Arizona Market Bringing Up to 500 Jobs
JLL announced that it has secured a full-building pre-lease for Blue Cactus Logistics, a new 258,000-square-foot, Class A industrial development in Surprise, Arizona. TriColor Auto Group, an online auto sales and financing company, has committed to the project, bringing up to 500 new jobs to the area. Situated at the northwest corner of Cactus Road and Summit Way, Blue … [More]
Popular Master-Planned Community Opens Phase 4 after a Year of Success
Award-winning master-planned community developer Brookfield Residential announced that Alamar has officially opened Phase 4, a milestone marked by the unveiling of multiple amenities and homes that further enhance this one-of-a-kind community. Situated among the serene beauty of the Sonoran Desert in the shadows of the Sierra Estrella Mountains, Alamar is a thoughtfully … [More]
