Arizona State University, in partnership with integrated design team SmithGroup and general contractor McCarthy Building Companies, has completed construction of the $185 million Interdisciplinary Science and Technology Building 12 (ISTB 12) at ASU’s Polytechnic campus in Mesa, Ariz. The state-of-the-art facility serves as the cornerstone for the Ira A. Fulton Schools of … [More]
Black Rock Partners with Modular Builder to deliver 20+ New Locations in 2026
Russo Modular today announced a major partnership with Black Rock Coffee Bar to deliver an estimated 20-30 modular buildings throughout 2026. The collaboration, which began with several successful projects before Black Rock's recent public offering, represents the type of relationship that's transforming how we approach commercial construction. "Black Rock wanted … [More]
Phoenix’s Vacant Office Space Re-Imagined: Co-Living Conversions
With office vacancy rates and housing costs near all-time highs, cities across the United States have been searching for ways to turn empty office space into housing, and particularly into lower-cost homes. But that seemingly promising idea has been hard to realize, in large part because of logistical challenges—primarily, plumbing that is confined to the building’s central … [More]
$50M Project to Deliver Modern Retail and Entertainment Core in Laveen
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for Williams Station, a new entertainment-anchored development coming to the northeast corner of Loop 202 and Dobbins Road in Laveen. The $50 million project will feature a mix of retail, dining and entertainment uses in a walkable, desert-inspired setting that … [More]
Developer Breaks Ground on 80K SF Medical Campus in Peoria
Irgens, a national developer specializing in healthcare, commercial, industrial and mixed-use real estate, broke ground on Cielo Vista Medical Commons, a new, two-phased medical office building development located at 26425 North Lake Pleasant Parkway in Peoria, Arizona. The project will deliver up to ±80,000 rentable square feet across two buildings on a 6.6-acre site. Cushman … [More]
Glendale Breaks Ground on $31M Small-Bay Industrial Project Along Loop 303
IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the Southwest U.S., and VAC Development, a real estate investment and operating company, have officially announced the groundbreaking of Bethany Bay, a new Class A shallow bay industrial project in Glendale, Arizona. Located at 16830 and 16840 W Bethany Home Road along the … [More]
Valley Architecture Firm Unveils Two Landmark Homes in Paradise Valley
Ty Harrison Architecture has unveiled two new ultra-luxury contemporary homes set against the backdrop of Camelback Mountain, in Paradise Valley. Using Harrison’s unique designs, the Camelview and Jackrabbit homes create a new vision for modern desert living. Harrison, founder and principal of Ty Harrison Architecture, is an Arizona State alumnus who built his reputation … [More]
Large Retailer Expands in East Valley with Queen Creek Ribbon-Cutting
The wait is over for Queen Creek residents and visitors looking to stroll the aisles of Target without straying far, with Vineyard Towne Center’s new 145,000-square-foot retail store now open for business at 37854 N Gantzel Road. Developed by Vestar, one of the largest privately held shopping center owners and managers in the western United States, the new store represents an … [More]
163K-SF Glendale Industrial Development Starts Construction, Majority Preleased
Creation, a growth-driven Phoenix real estate developer with a nationwide footprint, in partnership with QuarterMoore, has officially broken ground on Harbor Park, a two-building industrial complex on 9.69 acres in Glendale that is already 67% preleased to PODS Phoenix, a local franchise division of PODS Moving & Storage. Located on Glen Harbor Boulevard in the Glen Harbor … [More]
EPCORE Secures 100-Year Supply, Clearing Path for 60,000 New Arizona Homes
Governor Katie Hobbs celebrated Arizona’s first Alternative Designation of Assured Water Supply (ADAWS) with EPCOR. ADAWS is a new pathway for communities to receive 100-year Assured Water Supply protections that saves groundwater and helps build more homes. This landmark achievement comes after years of work under Governor Hobbs’ leadership, including a rigorous and public … [More]
West Phoenix Trucking Base Opens After 5 Month Turnaround
Arizona-based commercial and industrial construction company, Primak Construction Group, has announced the completion of its design-build delivery of a new semi-truck parking and service facility for Maxway Freight, located at 5914 West Monroe Street in Phoenix. Maxway provides specialized freight services in eleven western states. The three-acre facility includes a … [More]
Model Homes Open at Teravalis as Community Readies for Grand Launch
Teravalis, a Howard Hughes community, announced the opening of new model homes from Meritage Homes, the fifth largest public homebuilder in the U.S., in Floreo, the community’s inaugural village in the Phoenix West Valley. Ahead of the community’s official Grand Opening celebration scheduled for November 15th, Teravalis welcomes home shoppers to visit the latest models from … [More]
Amenity-Rich Gated Community Breaks Ground in Gilbert
Tri Pointe Homes Arizona, a recognized leader serving the Phoenix market for more than 30 years under the name Maracay®, announced that construction is underway at Emberly, its new 32-acre gated community in Gilbert. Located at the southwest corner of San Tan Boulevard and 172nd Street, Emberly is anticipated to include 42 single-family home sites upon completion, with … [More]
Valley Property Managers Merge, Growing Combined Portfolio to 10+ Million SF
Capital Asset Management and Phoenix-based MODE Commercial Property Management have joined, combining teams and portfolios to strengthen their footprint in the Southwest and expand their medical, office and industrial portfolio under the Capital Asset Management brand. The merger builds on Capital Asset Management’s established expertise in retail, office, association and … [More]
Rezoning Paves Way for Next Phase of a 20,000-Acre Goodyear Master-Planned Community
In a transformative decision that sets the stage for the next chapter of growth in the master-planned community of Estrella, the Goodyear City Council voted unanimously (7-0) to approve the rezoning request for the Estrella 14 Planned Area Development. The approval marks a significant milestone for Estrella Development Company and the City of Goodyear, paving the way for a … [More]
Biltmore Adds New HQ for Builder Serving Logistics and Advanced Manufacturing
MYCON General Contractors, Inc., an award-winning commercial contractor with roots in Dallas since 1987, announced the relocation of its Arizona office from Queen Creek to Phoenix’s vibrant Biltmore Area. This move highlights MYCON’s growth and success since launching Arizona operations in 2022 and positions the team in a central location to better serve clients across the … [More]
Scottsdale Firm Partners with Operator on 154-Unit Mesa Acquisition
Elevest Capital, a privately held real estate investment firm specializing in multifamily assets, announced the closing of Fund 61, completed in partnership with Rise48 Equity through the acquisition of a 154-unit Class B+ apartment community in Mesa, Arizona. The transaction strengthens their presence across the Sunbelt and underscores its commitment to growth in dynamic, … [More]
$4.3M Industrial Deal Brings New Manufacturing to West Phoenix
SVN | Desert Commercial Advisors announced the successful buyer-side representation in the $4.3 million acquisition of a well-positioned industrial property at 4002 N 36th Ave, Phoenix, AZ 85019. The buyer, Hilton Cabinets, was represented by the firm’s AZ O/I Team: Justin Horwitz, Richard Lewis, Sean Alderman, and Jillian Moyer. The freestanding facility checked all the … [More]
