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]
$147M Acquisition Secures 1.25M SF Glendale Distribution Center for Major Discount Retailer
Full-service commercial real estate firm Lincoln Property Company announced the sale of a 1.25 million-square-foot, Class A industrial building within its award-winning Park303 logistics park to Dollar Tree, Inc., one of North America’s largest value retailers. Park303 totals 210-acres and 3.75 million square feet of industrial space along the Loop 303 at Glendale Avenue in … [More]
West Valley Adds 292K-SF Flex Industrial Targeting Semiconductor Supply Chain
Provident Industrial, a division of the Dallas-based Provident, announced the completion of Orangewood Commerce Center, a premier 292,276 square foot Class A facility located at 6550 W Orangewood Avenue in Glendale, Arizona. Delivered on schedule in Q3 2025, the building marks Provident Industrial's first development in the Phoenix market. Orangewood Commerce Center is … [More]
Retail Expands in Goodyear with New $20M Mixed-Use Development
Diversified Partners, a Scottsdale real estate brokerage and development company, announced the groundbreaking for Ballpark Village, a highly anticipated retail and mixed-use destination located at the northeast corner of Estrella Parkway and Yuma Road in Goodyear, Ariz. The ceremony, held on Sept. 25, drew a strong turnout from city leaders and the West Valley Regional … [More]
Veolia Opens Flagship Water Treatment Center in Scottsdale
Veolia recently opened its first Hubgrade Center in North America, a digital command center that combines human expertise with the power of real-time data and artificial intelligence to deliver top-quality water and wastewater treatment at Veolia-operated facilities across the western United States. This flagship Hubgrade Center in Scottsdale enables communities of any size to … [More]
Busch Vacuum Solutions Facility in Tempe
Busch Vacuum Solutions, part of the Busch Group, a global leader in vacuum and overpressure technology, is opening its newest U.S. facility this month: almost 60,000-square-foot Arizona Service Center located in Tempe. This strategic expansion underscores Busch’s continued investment in innovation, customer service and regional growth across North America. Photos courtesy of … [More]
TSMC Water Reclamation Plant Aims for 90% Recycling Rate
TSMC Arizona has broken ground and begun construction on a planned 15-acre Industrial Reclamation Water Plant. The IRWP is designed to achieve “Near Zero Liquid Discharge,” which means the semiconductor company will have the ability to reuse nearly every drop of water. At start-up, the IRWP will reach 85% recycling rate with a plan to reach 90% or better. Photos courtesy of … [More]
Multifamily Real Estate Development in the Phoenix Metro Area
I started working for P.B. Bell, one of Phoenix’s most well-known multifamily developers, 10 years ago. Since that time, the multifamily real estate market has undergone significant change. The Phoenix Metro Area has always been an attractive market, but interest has surged in recent years due to the diversification of the local economy and the unanticipated impact of the … [More]
Sustainable Water Management Starts with Strong Infrastructure
Living in a desert under drought conditions inevitably makes water management a priority for Arizona residents, municipalities and businesses. As Maricopa County continues to see residential and commercial growth, the demand for reliable water and wastewater infrastructure increases. Expansion and growth in the semiconductor industry adds even more pressure to balance supply … [More]
