While 84% of U.S. consumers say wellness is a “top” or “important” priority, per a recent 2026 poll by McKinsey, commercial real estate is activity responding to this growing need. In hospitality especially, hotels and resorts are focusing on how to expand their amenity packages to create experiences that enhance a traveler’s overall well-being. Leveraging emerging tech, … [More]
Upscale 353-Unit Multifamily Project Breaks Ground in Southeast Valley
The NRP Group, a vertically integrated developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of an upscale, 353-unit multifamily development within Medina Station, a 60‑acre master planned community in Mesa, Arizona. The four‑story, elevator‑served community will be built on a 10‑acre parcel in the northeast quadrant of the … [More]
New Retail Center Anchored by Fry’s Rises in Avondale
Evergreen Development celebrated the construction progress of Marketplace at Tres Rios, its latest Fry’s Marketplace shopping center, located at the southwest corner of Avondale Boulevard and Lower Buckeye Road in Avondale, Arizona. Designed to serve the rapid growth in southern Avondale, including the Alamar master-planned community, Marketplace at Tres Rios will provide a … [More]
24.5-Acre Retail Development Targets Rapidly Growing West Valley Corridor
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for a new ±24.5-acre commercial retail development at the southeast corner of 99th Avenue and Indian School Road, just west of Loop 101 in Phoenix. The project will be anchored by EOS Fitness and feature a lineup of nationally recognized brands including Dutch … [More]
New Two-Story Home Collection Debuts in East Valley
Richmond American Homes of Arizona, Inc., a subsidiary of Sekisui House U.S., Inc., announced the Grand Opening of Fusion at Blossom Rock in Apache Junction. This highly anticipated addition to the sought-after Blossom Rock masterplan offers an inspired array of two-story floor plans with open layouts and designer details. In addition to a selection of quick move-in homes, … [More]
Developer Secures 260-Unit Luxury Apartment Site in Mesa
Evergreen Development announced its successful acquisition of The CORE, a fully entitled and permitted planned luxury multifamily community consisting of 260 units to be located immediately west of Banner Gateway Medical Center at US 60 & Higley. Hunting for well-located apartment sites in strong Metro Phoenix submarkets, Evergreen pounced on the opportunity to work with … [More]
Luxury Builder Debuts 32-Acre Gated Community in Gilbert
Tri Pointe Homes Arizona, a recognized leader serving the Phoenix market for more than 30 years under the name Maracay®, announced the grand opening of Emberly, a new 32-acre gated community in Gilbert, Arizona. Located at the southwest corner of San Tan Boulevard and 172nd Street, Emberly boasts 42 homesites that epitomize single-story premium living. Sales are currently … [More]
Phoenix Office Market Posts Strongest Quarter Since 2019
The Greater Phoenix office market's fourth quarter 2025 posted its strongest net absorption since fourth quarter 2019, totaling 531,893 square feet. The uptick in net absorption and 10-year low construction activity led to a decline in direct vacancy to 15.1 percent, according to a report released by Colliers. The Greater Phoenix office market finished 2025 with its … [More]
237-Unit Affordable Community Underway in Downtown
The City of Phoenix and its partners celebrated the groundbreaking of The Moreland, a transformative 237-unit housing community that will bring much needed affordable and workforce housing to downtown. This milestone reflects another step in the City's commitment to creating housing that is accessible, dignified, and designed for Phoenix families. "With The Moreland, we are … [More]
Boutique Luxury Home Community Breaks Ground in Scottsdale
Phoenix-based Curve Development announced the groundbreaking of its newest project, Quarter at Palm Scottsdale, a collection of 25 luxury single-family homes located at the corner of Palm Lane and 74th Street in Scottsdale, Arizona. This new for-sale community marks Curve Development's official entry into the single-family residential market and will bring fresh, modern design … [More]
$7.2M Northwest Phoenix Infill Site Sold for New Industrial Project
North Mountain Corporate Center, located at 10400 N. 25th Avenue in Phoenix, has been sold for $7,175,000. The property was acquired by The Meritex Company, headquartered in Minneapolis, Minnesota from Macfarlan Capital Partners, headquartered in Dallas, Texas. The buyer plans to redevelop the infill site with a new institutional-quality industrial project, repositioning the … [More]
Award-Winning Mesa Library Emerges as Architectural Landmark
The wait may have been 30 years, but the end result was well worth it. Willmeng Construction completed work on the new Mesa Gateway Library, the first public library to be built in the city in 30 years. The project, located at 5036 S. Eastmark Parkway in the heart of the Eastmark Great Park, is a stunning, state-of-the-art community centerpiece designed to serve its users for … [More]
566K-SF West Valley Industrial Building Changes Hands following $90M Sale
IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the U.S. Southwest, in partnership with Invesco Ltd., a publicly traded, global independent investment management firm, announced the completion of the sale of a 566,121-square-foot industrial building located within Virgin Industrial Park in Glendale, Arizona, to an … [More]
JDM Partners Closes $430M Opportunity Fund
JDM Partners, a leading real estate investment and development firm headquartered in Phoenix, announced the successful close-out of JDM Partners Opportunity Fund III LLC, marking the firm’s first fully realized fund and a significant milestone in its investment platform. The Fund completed its lifecycle in 2025 following an approximately 10-year hold period, delivering strong … [More]
174-Home Community Launches in Goodyear
Tri Pointe Homes Arizona, a homebuilder serving the Phoenix market for over 30 years under the name Maracay, announced the grand opening and start of sales at Abel Ranch in the West Valley suburb of Goodyear. Located on 78.5 acres within Phase 2 of the existing planned community, Tri Pointe anticipates offering 174 homes on self-developed sites across two distinct … [More]
Arcadia Townhome Community Launches Phase Two Sales Following Sellout
The Arcadian, a luxury townhome community located at 4220 N. 32nd St. in Phoenix, announced the launch of Phase Two of sales. Following the complete sellout of all 11 residences in Phase One, the 40-unit community will release 14 additional homes in Phase Two, with pricing ranging from $548,000 to the low $900,000s. Sales are being exclusively managed by The Phil Tibi Group … [More]
145K-Square-Foot Industrial Business Center Opens in Tempe
LGE Design Build announced the completion of construction on Source Business Center, a 144,885-square-foot Class-A industrial facility situated on a 15-acre site at the southeast corner of Warner Road and Hardy Drive in Tempe. Developed by Creation and investor CrossHarbor Capital Partners, the project offers generous 32-foot clear heights, extensive power and an expansive six … [More]
New Gated Luxury Home Development Opens in Scottsdale
Toll Brothers, Inc., one of the nation's leading builders of luxury homes, announced the grand opening of Toll Brothers at HighPoint, a new community of luxury single-level homes in Scottsdale, Arizona. The Sales Center is now open at 39977 N 115th St. in Scottsdale. Toll Brothers at HighPoint is an exclusive gated community offering two collections of luxurious modern … [More]
