Walt Brown Jr. Founder, CEO & Designated Broker Diversified Partners Sector: Real Estate For Diversified Partners, the physical attributes of a workplace are about far more than function; they are about experience. Location is foundational, but not just in terms of access. We look for environments that naturally inspire connection, where the surroundings elevate how … [More]
Stacking over Sprawl
Why developments are focusing on height and density
Yesterday’s emphasis on wide-open spaces, large lots and suburban living has been replaced by density with a focus on walkability. Residential units are a big part of today’s commercial development projects, with retail, office, entertainment and service built into the plan. Yes, Metro Phoenix is still seeing plenty of development at its outer boundaries as its business and … [More]
Ditch the Podcast Rooms: Coffee and Privacy Are What Tenants Really Want
In Phoenix, the race to outdo competitors with splashy amenities, like podcast rooms and golf simulators, has become the norm. They photograph well and tour even better, but are they solving for what tenants really need? Gensler’s 2026 Global Workplace Survey takes it back to basics: Employees value practical spaces that support wellness and productivity. What Tenants Value … [More]
Development: How to Turn a Project’s Opposition into Its Biggest Fan
In the world of Arizona land use and zoning, opposition is less a possibility and more a procedural step. The real question isn’t whether a project will face opposition — it’s whether that opposition can be transformed into something more useful than a stack of speaker cards at a public hearing. Done right, a project’s loudest critic can become its most effective … [More]
Phoenix Industrial Market: Infrastructure, Speed and Strategic Locations
Are Shaping the Next Cycle
Phoenix’s industrial market continues to evolve as population growth, infrastructure investment and corporate migration reshape how companies evaluate logistics and manufacturing locations. While the market experienced a significant wave of new supply in recent years, long-term fundamentals remain strong. Tenant priorities are increasingly centered on operational efficiency, … [More]
Guest Editor: Scott Drucker, Arizona REALTORS®
Phoenix Grows Up
Walkability and convenience are driving a lot of development, and many mixed-use projects combine housing with varied commercial elements, often in multistoried buildings that emphasize vertical growth and density. The rise of mixed-use development emphasizes a growing demand for housing that connects naturally with how people live, work and spend their time. Arizona … [More]
168-Unit Affordable Housing Project Breaks Ground in South Phoenix
Ulysses Development Group continues to expand its impact in Arizona with the groundbreaking of Salt River Flats 2, a new affordable housing community located at 4027 S. 13th Street in Phoenix. The project, celebrated today with Governor Katie Hobbs and other partners, will add 168 homes for families and individuals earning 60% of the area median income. To cultivate a sense … [More]
Long-Delayed One Camelback Project Advances toward 2026 Completion
After years of speculation and a high-profile ownership reset, One Camelback is no longer a question mark on the Uptown skyline. It is a construction site in motion. Kinella Capital, LLC, led by developer TK Stratton, has reached several key milestones at the long-stalled office-to-residential conversion, signaling that one of Phoenix’s most talked-about projects is firmly … [More]
Massive Hangar Project Planned at West Valley Airport
Davcon Aviation has been awarded a new large-scale hangar development at Phoenix Goodyear Airport. The 40-acre development will include approximately 400,000 square feet of hangar space across multiple facilities designed to accommodate a range of aircraft, including wide-body, narrow-body, and corporate aviation users. Pre-leasing opportunities are currently available. The … [More]
3PL Secures 168,480 SF in Fast-Growing Glendale Corridor
IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the U.S. Southwest, announced that Biagi Bros. Inc. has signed a lease for 168,480 square feet at Virgin Industrial Park I (VIP I) in Glendale, Arizona, part of the Greater Phoenix metropolitan area. Biagi Bros., a full-service, 3PL, warehousing and transportation … [More]
North Phoenix Build-to-Rent Project Adds 283 Homes Near TSMC
Mark-Taylor Residential, a leading investment manager, developer and owner of Class-A multifamily real estate in Arizona, partnered with Sunbelt Holdings, a Scottsdale-based master-planned community developer, and Rockpoint, a Boston-based real estate private equity firm, to deliver 283 additional rental homes in North Phoenix. The Hillburn is located at 2550 W. North … [More]
700,000 SF Industrial Project Moves Ahead in West Valley
Creation, a performance-driven real estate development and alternative investment firm, in partnership with a real estate fund advised by Crow Holdings Capital, has closed on a 38-acre site in Avondale for the development of Avondale Tech Center, a three-building Class-A industrial campus totaling approximately 700,000 square feet. Located on the northwest corner of 117th … [More]
Downtown Phoenix’s Planned Tallest Tower Rebrands
Empire Group of Companies, through its luxury urban infill division Aspirant Development, announced the official rebranding of its highly anticipated Downtown Phoenix high-rise project from its working name, Astra, to Arro – a landmark mixed-use development poised to become the tallest building in Arizona upon completion. Spanning approximately 1.8 million square feet, Arro … [More]
Amenity-Rich Downtown Phoenix Tower Targets Luxury Renters
PALMtower, a luxury high-rise featuring modern apartment units and upscale amenities in the heart of Downtown Phoenix, is a standout addition to Mark-Taylor’s expansive portfolio. Situated on the corner of Van Buren Street and North 5th Street, PALMtower is connected to the newly redeveloped, entertainment-rich Arizona Center and is adjacent to the downtown campuses of both … [More]
Luxury Homebuilder Debuts New Models in San Tan Valley
Toll Brothers, Inc., one of the nation's leading luxury home builders, announced the opening of two brand-new model homes at Toll Brothers at Ladera Trails in San Tan Valley, Arizona. A model grand opening event will be held on Saturday, April 18 from 11 a.m. to 4 p.m. at 31380 N Crown King Lane. The event will feature tours of the professionally designed Manchester Modern … [More]
Historic Downtown Phoenix Building Reopens after Major Renovation
Aardex, a Denver-based development firm, announced the completion of major renovations at One West Madison, a historic adaptive reuse project in the heart of downtown Phoenix. The fully modernized, 27,000-square-foot building is now move-in ready, offering restaurant or commercial space in one of the city's most active and visible locations. Originally constructed … [More]
Growing East Valley Airport Hub Breaks Ground on First Hotel
SkyPlus Hotel Corporation celebrated the groundbreaking of a new dual-branded Wingate by Wyndham and Hawthorn Suites by Wyndham hotel at SkyBridge Arizona, marking the first hospitality development on the SkyBridge property. The ground-up hotel development is located at 6639 S. Sossaman Road in Mesa, near Mesa Gateway Airport. It is designed to serve business travelers, … [More]
Spec Industrial Project in Glendale Targets Advanced Manufacturing Demand
Opus announced that it has broken ground on 59Bell Technology Park, a 57,520-square foot Class A speculative industrial development in Glendale, Arizona. Designed to serve companies within the semiconductor and advanced technology supply chain, the building will offer a three-phase 3,000-amp electrical service – a power capacity more commonly found in much larger … [More]
