For much of the past two decades, industrial development has focused on getting bigger. Larger warehouses and distribution facilities have supported Arizona’s emergence as a major manufacturing and logistics market, but that growth has also exposed a gap for the thousands of small and midsize businesses that power the state’s economy. Contractors, trades, light manufacturers … [More]
Global Brokerage Adds Phoenix Data Center Team Led by Veteran of $12B in Deals
Cushman & Wakefield has strengthened its data center capabilities with the addition of specialized advisory experts led by Mark Bauer, an industry veteran with nearly three decades of experience in data center real estate and digital infrastructure strategy. As Executive Vice Chairman, Bauer joins Cushman & Wakefield’s Phoenix office with Managing Director Clark … [More]
190-Unit Luxury Apartment Development Set to Break Ground in Old Town Scottsdale
Origin Investments and its partner Mill Creek Residential, a national investment and rental housing company, announced Modera Old Town, a well-located 190-unit multifamily opportunity zone development in Old Town Scottsdale. Construction on the new community is expected to begin in October, following an official groundbreaking and is targeted for completion in mid-2029. This … [More]
Phoenix Selects Construction Partner for $37.1M Public Safety Investment
Phoenix City Council approved CORE Construction, Inc. as the Construction Manager at Risk for the new Cactus Park Precinct, advancing a major public safety project funded through the 2023 General Obligation (GO) Bond Program. The approval moves the project into the preconstruction phase and strengthens ongoing efforts to improve public safety services through modern city … [More]
213-Home Rental Community Takes Shape in Laveen ahead of 2027 Opening
Rockefeller Group, a real estate developer, owner, and operator, announced Farinosa Villas, a new build-to-rent community on 17.4 acres in Laveen. The development marks another step in Rockefeller Group’s continued expansion across the state and the greater Southwest, building on its established presence in Metro Phoenix and growing portfolio of multifamily communities … [More]
Taiwanese Investor Bets $10.56M on North Phoenix’s Semiconductor Boom
DAUM Commercial Real Estate Services, a provider of CRE services including brokerage, national tenant representation, consulting, leasing, sales, and property management, has directed the off-market sale of a freestanding industrial building totaling 43,338 square feet at 2520 E. Rose Garden Lane in Phoenix’s Deer Valley submarket for $10.56 million. The DAUM team of … [More]
Suns and Mercury Plan $60M Downtown Phoenix YMCA with Affordable Housing
The Phoenix Suns, Phoenix Mercury and Valley of the Sun YMCA announced plans to develop a $60 million state-of-the-art YMCA in downtown Phoenix, expanding access to programs and opportunities for families across central and south Phoenix. The development underscores Mat Ishbia’s continued commitment to investing in the Phoenix community, creating opportunities and making a … [More]
Trinity Capital Secures Top 2½ Floors and Skyline Signage Rights at Landmark Downtown Tower
Newmark and Foundation 8 announced that Trinity Capital has signed a long-term lease at 333 Tower, the iconic Class AA office tower located at 333 N. Central Avenue in Downtown Phoenix. The company will occupy the property's top 2½ floors and secure prominent building-top signage rights. Acquired by Foundation 8 at the end of 2025, the office component of 333 Tower is being … [More]
463,000-SF Industrial Expansion Breaks Ground near Glendale’s Sports District
VanTrust Real Estate announced the start of construction of Phase II at VT101, located at 6091 N Ballpark Boulevard, adjacent to Glendale's vibrant sports and entertainment district. The third building at VT101 is a state-of-the-art facility to one of the most sought-after business corridors in the Valley. The 463,079 square foot, Class A cross-dock facility is designed by … [More]
1.2M-SF Industrial Expansion Follows Major Warehouse Lease in West Valley
Dermody will begin construction on Buildings 3 and 4 at LogistiCenter® at Copperwing in El Mirage, Arizona, with delivery estimated for the third quarter of 2027. Building 3 totals 693,760 square feet and Building 4 totals 520,170 SF. Together, the two buildings total 1,213,930 SF and are designed to be combined into a single building totaling 1,319,962 SF. The buildings are … [More]
