While headlines continue to focus on office vacancies and an uncertain commercial real estate market, another story is quietly unfolding across Arizona. Many small and midsize businesses are choosing to purchase commercial property rather than renew leases, investing in long-term stability while giving underutilized buildings a new purpose. These owner-users aren't … [More]
$86M Camelback Corridor Deal Marks Phoenix’s Biggest Office Sale of the Year
Southwest Value Partners has acquired Esplanade III, a 222,820-square-foot office tower in Phoenix’s Camelback Corridor, for $86 million. The transaction closed August 26 and represents the largest single-building office sale completed in metro Phoenix in 2026. The property was sold by an LLC affiliated with Transwestern and C-III Capital Partners. JLL Capital Markets brokered … [More]
$1B Peoria Community Breaks Ground on $10M Recreation Hub
Saddleback, the $1 billion, 5,300-acre master-planned community under development in Peoria, announced construction is officially underway on Basecamp, its $10 million signature destination designed to serve as the social and recreational hub of the community. Slated to open in summer 2027, the approximately 16-acre site will feature an expansive collection of amenities and … [More]
25K-SF Class A Industrial Project Comes Online in Chandler’s Industrial Core
Opus announced the completion of Envision 56, a modern Class A speculative industrial development near the intersection of North 56th Street and West Chandler Boulevard in Chandler, Arizona. The 125,258-square-foot development consists of a 37,289-square-foot building and an 87,969-square-foot building, both designed specifically for small and midsized users seeking new … [More]
Record $170M Deal Trades 1.1M SF of Glendale Industrial Space
Lincoln Property Company, a global, full-service real estate firm with over $31 billion of assets under management, announced the sale of the final two Class A industrial buildings at its award-winning Park303 logistics park. Purchased by a leading global investment manager, the transaction achieved the highest two-building industrial sale price in Arizona history. It also … [More]
$25M Flagship Anchors Orthopedic Group’s Valley Expansion
OrthoArizona, the largest physician-led orthopedic group in the Southwest, opened another flagship location: a $25 million, 50,000-square-foot orthopedic center at 9070 W. Glendale Ave., adjacent to Westgate and State Farm Stadium. The Glendale center combines comprehensive musculoskeletal care, an on-site ambulatory surgery center, physical therapy and advanced imaging … [More]
Jetset and Inked Cement Scottsdale Roots with New Corporate Headquarters
Phoenix-based interior architecture and design firm Phoenix Design One has completed a new corporate headquarters for Jetset Magazine and Inked Magazine. Located in Scottsdale, Arizona, the project marks a significant local investment for both national media brands as they continue grow their presence among high-end national and global audiences. Located at 15220 N. 75th St. … [More]
National Developer Unveils 829-Bed Student Housing Community near ASU
LV Collective, a national real estate owner and operator, in partnership with Kayne Anderson Real Estate, announced the opening of Rambler Tempe. The new purpose-built student housing community is located at 1020 E. Apache Blvd. near Arizona State University. The project marks the continued expansion of the company’s Tempe portfolio and advances its hospitality-driven student … [More]
700K-SF Advanced Manufacturing Campus Breaks Ground in Avondale
Creation, a real estate development and alternative investment firm, in partnership with a real estate fund advised by Crow Holdings Capital, has begun construction on Avondale Tech Center, a three-building Class-A industrial campus spanning 38 acres and totaling approximately 700,000 square feet. Project partners, investors and city officials gathered yesterday for a … [More]
Scottsdale Development Leads $100M Push into Tokenized Real Estate Investing
Caliber, a real estate-focused alternative asset manager, today announced that it has gone live with its PURE Pickleball & Padel investment offering as the first real estate investment on its platform to be tokenized. The initiative creates a real-world, practical example of how blockchain-based ownership infrastructure can improve the private real estate investor … [More]
