566K-SF West Valley Industrial Building Changes Hands following $90M Sale

inbusinessPHX.com

IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the U.S. Southwest, in partnership with Invesco Ltd., a publicly traded, global independent investment management firm, announced the completion of the sale of a 566,121-square-foot industrial building located within Virgin Industrial Park in Glendale, Arizona, to an … [More]

JDM Partners Closes $430M Opportunity Fund

inbusinessPHX.com

JDM Partners, a leading real estate investment and development firm headquartered in Phoenix, announced the successful close-out of JDM Partners Opportunity Fund III LLC, marking the firm’s first fully realized fund and a significant milestone in its investment platform. The Fund completed its lifecycle in 2025 following an approximately 10-year hold period, delivering strong … [More]

174-Home Community Launches in Goodyear

inbusinessPHX.com

Tri Pointe Homes Arizona, a homebuilder serving the Phoenix market for over 30 years under the name Maracay, announced the grand opening and start of sales at Abel Ranch in the West Valley suburb of Goodyear. Located on 78.5 acres within Phase 2 of the existing planned community, Tri Pointe anticipates offering 174 homes on self-developed sites across two distinct … [More]

Arcadia Townhome Community Launches Phase Two Sales Following Sellout

inbusinessPHX.com

The Arcadian, a luxury townhome community located at 4220 N. 32nd St. in Phoenix, announced the launch of Phase Two of sales. Following the complete sellout of all 11 residences in Phase One, the 40-unit community will release 14 additional homes in Phase Two, with pricing ranging from $548,000 to the low $900,000s. Sales are being exclusively managed by The Phil Tibi Group … [More]

145K-Square-Foot Industrial Business Center Opens in Tempe

inbusinessPHX.com

LGE Design Build announced the completion of construction on Source Business Center, a 144,885-square-foot Class-A industrial facility situated on a 15-acre site at the southeast corner of Warner Road and Hardy Drive in Tempe. Developed by Creation and investor CrossHarbor Capital Partners, the project offers generous 32-foot clear heights, extensive power and an expansive six … [More]

New Gated Luxury Home Development Opens in Scottsdale

inbusinessPHX.com

Toll Brothers, Inc., one of the nation's leading builders of luxury homes, announced the grand opening of Toll Brothers at HighPoint, a new community of luxury single-level homes in Scottsdale, Arizona. The Sales Center is now open at 39977 N 115th St. in Scottsdale. Toll Brothers at HighPoint is an exclusive gated community offering two collections of luxurious modern … [More]

Integrated Medical and Rehab Center Debuts in Goodyear

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PMB, a healthcare real estate developer, joined Abrazo Health and local leaders to celebrate the grand opening marking the completion for the Abrazo Health Litchfield Medical Building. The new medical building features Goodyear's first combination of medical offices and inpatient rehabilitation programs housed in a single environment. Situated in a prime location … [More]

Buyer Demand Is Quietly Reshaping Phoenix Industrial

by Jason Moore

Buildout expenses, improved financing and elevated vacancies are creating a prime scenario for those wanting to own their metro Phoenix industrial real estate. Phoenix developers are taking note of this trend as well, and it is quietly (or not so quietly) shaping 2026 strategies. While leasing offers advantages like speed-to-market and flexibility — factors that are critical … [More]

Mixed-Use High-Rise Community Coming to Tempe

by Mike Hunter

Aspirant Development, the luxury urban infill division of Empire Group of Companies, expects to break ground this spring on Revelry, a Class A mixed-use high-rise community on the southeast corner of Rural Road and University Drive in Tempe. The project is designed to rival top urban high-rise communities nationwide and features elevated lifestyle amenities. Designed as a … [More]

Revitalization for Historic Coronado Neighborhood

by Mike Hunter

Heather Lennon, founder and owner of Imagine General Contracting and Development, aims to revitalize Phoenix’ key historic Coronado neighborhood with her new project, Imagine Coronado. The 50,000-square-foot parcel features a complex of 11 buildings, seven of which are historic (each between 99 and 108 years old), that are being transformed into a wellness enclave and community … [More]