Inside Look: Lincoln Property Co.’s New Park303 Brings Pickleball and BBQing to Industrial

Pickleball court, barbeque and entertainment area among market-leading amenities

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Full-service commercial real estate firm Lincoln Property Company (LPC) has announced the completion of 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 … [More]

ASU-Owned Mill Avenue Parking Structure Opens in Time for Holiday Season

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Construction recently completed on the highly anticipated, $42 million, six-level, 429,000-square-foot Mill Avenue Parking Structure for Arizona State University (ASU) in Tempe, Ariz. The structure is located at 951 S. Mill Ave. in Tempe, east of Mill Avenue between 9th and 10th Street. The new parking structure, a design-build partnership between DFDG Architecture and general … [More]

Attainable Housing Co. Hits Milestone, Completes 4,000th Unit

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Arizona’s attainable housing leader, Greenlight Communities, is proud to close out 2023 with several major milestone, including 4 completed and 6 new attainable rental communities currently under construction across the state, further expansion into Southern Arizona and additional future plans to expand into Peoria and Surprise. Founded in 2018, Greenlight Communities was … [More]

Cactus 101 Business Park Secures Two National Companies

Tenants take nearly 100,000 sf as part of business expansions in Greater Phoenix

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Colliers in Arizona has represented Hopewell Development in signing two leases at its recently completed Cactus 101 Business Park in Peoria, AZ, a northwest suburb of Phoenix. LD Products, Inc. and Clopay Corporation have collectively taken nearly 100,000 square feet of space at the project. “We are pleased we were able to complete transactions with two national credit … [More]

Housing Developers Break Ground on New Build-for-Rent Community in Glendale

inbusinessPHX.com

Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, and Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets throughout the United States, announced that they have broken ground on a new build-for-rent community in Glendale, Arizona. … [More]

Arizona’s Largest Locally-Owned CRE Brokerage Opens Casa Grande Office

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Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally-owned commercial real estate brokerage, is excited to announce the opening of its new management office in Casa Grande, Arizona. The new office will serve Pinal County and Tucson, Arizona, and will provide a wide range of services to commercial property owners and investors, including property … [More]

ASU’s Growing Polytechnic Campus Breaks Ground on Latest Tech Building

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he new $185 million Interdisciplinary Science and Technology Building 12 (ISTB12) project recently broke ground at Arizona State University’s (ASU) Polytechnic campus in Mesa, Ariz. The ISTB12 building, designed by SmithGroup and being constructed by McCarthy Building Companies, is a major expansion of ASU’s growing Polytechnic campus in and moves forward the university’s … [More]

Graycor Hires Brianna Nessler as Business Development Lead, Southwest Division

Joins regional executive leadership team to drive Graycor opportunities in key growth markets

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Leading general contractor Graycor Construction Company has hired Brianna Nessler to lead its business development efforts in the Southwest. Based out of the company’s Phoenix office, Nessler plays a critical role in Graycor’s growth strategy, with a focus on key growth sectors including the advanced manufacturing, retail and medical spaces. As Business Development Manager, … [More]

Community That Boasts Some of the Most Sustainable Features in the Multifamily Industry Opens in Mesa

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The completion of one of the most energy efficient multifamily projects in the state was celebrated with a ribbon cutting ceremony recently. ECO MESA apartments transformed a small, infill parcel of land in Downtown Mesa into a community that boasts some of the most sustainable features in the industry. ECO MESA was developed by Habitat Metro and Willmeng Construction was … [More]

Silicon Desert: Lab of the Future

Facilitating growth of a new ‘science village’

by Jay Silverberg and Benjamin Ayers

Arizona is an attractive market for life sciences companies. With economic incentives, lower cost of living, and opportunity to connect with major health and education systems, there are many reasons for these companies to move to the state and expand their business. To support the growth of life science companies, it’s important to address the industry’s infrastructure … [More]

2024 Interior Design Trends

by Christina Johnson

The last few years have us feeling all kinds of things. As designers of the built world, we have an innate responsibility to recognize cultural impacts and plan to help alleviate them the best we can. Some of the ways we do that have infiltrated the mainstream, like biophilic design and sustainability. However, there is a type of design that we feel is the basepoint of all of … [More]

West Valley Retail: A Booming Market 

by Bryan Ledbetter

With communities like Peoria, Surprise, Buckeye and Goodyear ranking among the fastest-growing cities in Arizona, the West Valley now boasts a population of approximately 1.7 million residents, booming employment opportunities along the Loop 303 and a retail market that has come into its own.  Retailers of all types are taking big steps to serve this very underserved trade … [More]

182,610 SF Industrial Project Planned for Phoenix’s West Valley

by Mike Hunter

Echo Real Estate Capital, Inc. recently acquired a fully entitled ±11.65-acre industrial development site at 132nd Avenue and Peoria Avenue in Surprise, Arizona, where it plans to build “Echo Park @ P132,” four new single-tenant industrial buildings totaling 182,610 square feet. Echo purchased the land for approximately $7.1 million in Phoenix’s expanding West Valley. The … [More]

603,000 SF Industrial Project Planned for Mesa

by Mike Hunter

Martens Development Company recently acquired a shovel-ready site at the southwest corner of Ellsworth and Willis roads in Mesa, Arizona, for an industrial project. This sale of ±44 acres accounts for the first phase of the project and the second phase accounts for an additional ±17 acres. In the first phase, Martens plans to build a new, seven-building ±603,000-square-foot … [More]

Sundance Park Phase II Opens in Buckeye

by Mike Hunter

Phase II was recently completed at Sundance Park, located at 22865 Lower Buckeye Rd., adding 38 acres to what is now 68 acres in total and features Buckeye’s first public fishing lake — 3.2 acres and 14 feet deep — which will be stocked with catfish, bluegill, bass and rainbow trout. “This project is a testament to Buckeye’s dedication to creating a vibrant, healthy … [More]

Greenlight Breaks Ground on Workforce Rental Housing in North Phoenix

by Mike Hunter

Greenlight Communities, the trailblazing Scottsdale-based real-estate developer dedicated to constructing attainable workforce rental housing, recently broke ground on its 14th property, located at 33455 N. North Valley Parkway in Phoenix in the I-17 employment corridor and near the upcoming $40-billion TSMC facility and campus. The community, set to commence leasing in … [More]

Big Name-Brand Anchors Announced for Regional Shopping Center Development in Buckeye

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Vestar, one of the leading privately held shopping center owners and managers in the United States, in partnership with DMB Associates, announced the notable line up of anchor tenants committed to Verrado Marketplace - marking a significant milestone in the project's progress. National retailers Target, Harkins BackLot, Safeway, Marshalls, Ross and HomeGoods will open their … [More]

Architectural Design of New Project Is Beacon of Innovation and Culture in Roosevelt Arts District

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Architectural trailblazer, Lev Libeskind is redefining retail and residential spaces with his project, Manzana, which will elevate Phoenix’s Roosevelt Arts District. This project epitomizes architectural brilliance in an area celebrated for its cultural vibrancy. Spanning nearly 105,000 square-feet and rising 83 feet with eight stories, Manzana is a striking composition of 68 … [More]

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