Ziegler, a specialty investment bank, announced the successful closing of Friendship Village of Tempe's $107,525,000 Series 2025AB Bonds through the Industrial Development Authority of the City of Tempe, Arizona. Tempe Life Care Village, Inc. a nonprofit corporation organized and existing under the laws of the State of Arizona, owns and operates a life care retirement … [More]
Crowd-Investing Fund Acquires $10.7M Central Phoenix Apartment Complex
Neighborhood Ventures, a leading real estate operator and an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, has closed on Venture on Maryland, a 78-unit multifamily community in Central Phoenix. Acquired in a pre-foreclosure transaction directly from the bank for $10.7 million (down from a … [More]
The Hybrid Condition: Decision-Making and Adoption of Hybrid Strategies
Perception, power and the bottom line
Insight’s headquarters in Chandler, Arizona, exemplifies how a human-centered, evidence-based design approach can make hybrid work truly sustainable; the space balances flexibility with connection — creating an environment that evolves with people rather than prescribing how they work At the heigh of the COVID-19 pandemic, there appeared to be a dramatic shift in thinking … [More]
Transforming the Desert Edge: Projected Residential and Commercial Growth around TSMC’s Phoenix Campus
The region surrounding Taiwan Semiconductor Manufacturing Company’s fabrication complex in north Phoenix has emerged as one of Arizona’s most significant zones for planned development. Anchored by the ongoing expansion of TSMC’s chip production capacity, the area is slated to evolve into a fully integrated live-work region, featuring large-scale residential districts, … [More]
Differentiated Class A Spec Industrial in Chandler
Construction has begun on Envision 56, a new two-building Class A speculative industrial project being developed near the intersection of North 56th Street and West Chandler Boulevard in Chandler, Ariz. An eight-acre infill project within a heavy industrial section on Chandler’s west side, the 125,000-square-foot development offers smaller tenants the rare opportunity to move … [More]
New in Scottsdale’s Booming Industrial Market
Rising on a prime 16.45-acre site at Loop 101 and East Princess Drive within the Perimeter Center, The Loop Business Park will transform an undeveloped parcel into four modern industrial buildings ranging from 54,000 to 101,000 square feet. Creation, PGIM Real Estate and LGE Design Build have officially broken ground on the 267,000-square-foot Class-A industrial campus designed … [More]
Global Builders Turn to Arizona as High-Tech Projects Accelerate
Data centers and semiconductor fabs are rising at record speed in Arizona, and Skanska is moving to meet that demand by bringing its chip and data-center teams under one roof. The global construction firm has expanded its Advanced Technology division into a unified group, known as Skanska Advanced Technology. This realignment streamlines operations nationwide, enabling the … [More]
The Evolution of Luxury Private Golf Communities
A New Era of Hospitality-Driven Living
Once defined solely by the fairway, private golf communities are now evolving into lifestyle-driven havens where wellness, connection and family legacy take center stage. While championship-level golf remains a core pillar, today’s affluent buyers are seeking more than just a tee time–they’re searching for a fully integrated lifestyle community that supports their well-being … [More]
327-Unit Wellness Living Community Breaks Ground at PV Mall
Life Time, a healthy lifestyle brand, and RED Development, broke ground on Life Time Living Paradise Valley. The new luxury residential project will be adjacent to the 92,000-square-foot Life Time Paradise Valley athletic country club, currently under construction and scheduled to open in the first half of 2026. Together, the Life Time development will bring the company's … [More]
SkySong Summer Leasing Wave Extends into Autumn with 18,000 SF Signed
SkySong, The ASU Scottsdale Innovation Center, has seen another wave of new leasing activity in the past few weeks, totaling more than 18,000 square feet. This new wave of activity comes on the heel of the announcement of transactions totaling nearly 40,000 square feet of new leases and expansions, and the signing of a large lease by the Arizona Builders Alliance in late … [More]
Developer Launches 8.5 Acre Business Park to Drive Glendale’s Industrial Expansion
The Mangat Group announced the launch of MG Business Park, a brand-new industrial condominium development located on the southeast corner of Glendale Avenue and New River Road in Glendale, Ariz. The 8.5-acre site, zoned M-1 (Light Industrial) by the City of Glendale, will feature 36 units across five buildings, totaling more than 84,000 square feet of small-bay industrial … [More]
$3.6M Acquisition in Gilbert Highlights Demand Shift from Lease to Own
On behalf of ViaWest Group, the Phoenix office of JLL has completed the sale of a 13,547-square-foot industrial building in Gilbert, Arizona to an owner-user buyer. Part of a six-building industrial portfolio acquired by ViaWest last year, the $3,589,955 sale highlights a demand among operators to own, versus lease, space. Located at 2020 W. Guadalupe Rd., between Country … [More]
ASU Completes $185M Interdisciplinary Sciences Building in Mesa
Arizona State University, in partnership with integrated design team SmithGroup and general contractor McCarthy Building Companies, has completed construction of the $185 million Interdisciplinary Science and Technology Building 12 (ISTB 12) at ASU’s Polytechnic campus in Mesa, Ariz. The state-of-the-art facility serves as the cornerstone for the Ira A. Fulton Schools of … [More]
Black Rock Partners with Modular Builder to deliver 20+ New Locations in 2026
Russo Modular today announced a major partnership with Black Rock Coffee Bar to deliver an estimated 20-30 modular buildings throughout 2026. The collaboration, which began with several successful projects before Black Rock's recent public offering, represents the type of relationship that's transforming how we approach commercial construction. "Black Rock wanted … [More]
Phoenix’s Vacant Office Space Re-Imagined: Co-Living Conversions
With office vacancy rates and housing costs near all-time highs, cities across the United States have been searching for ways to turn empty office space into housing, and particularly into lower-cost homes. But that seemingly promising idea has been hard to realize, in large part because of logistical challenges—primarily, plumbing that is confined to the building’s central … [More]
$50M Project to Deliver Modern Retail and Entertainment Core in Laveen
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for Williams Station, a new entertainment-anchored development coming to the northeast corner of Loop 202 and Dobbins Road in Laveen. The $50 million project will feature a mix of retail, dining and entertainment uses in a walkable, desert-inspired setting that … [More]
Developer Breaks Ground on 80K SF Medical Campus in Peoria
Irgens, a national developer specializing in healthcare, commercial, industrial and mixed-use real estate, broke ground on Cielo Vista Medical Commons, a new, two-phased medical office building development located at 26425 North Lake Pleasant Parkway in Peoria, Arizona. The project will deliver up to ±80,000 rentable square feet across two buildings on a 6.6-acre site. Cushman … [More]
Glendale Breaks Ground on $31M Small-Bay Industrial Project Along Loop 303
IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the Southwest U.S., and VAC Development, a real estate investment and operating company, have officially announced the groundbreaking of Bethany Bay, a new Class A shallow bay industrial project in Glendale, Arizona. Located at 16830 and 16840 W Bethany Home Road along the … [More]
