The Cubes at Mesa Gateway, a 256-acre industrial park developed by CRG, includes 1.7 million square feet of industrial facilities built to date, with 63 acres left to build. CRG acquired the property in 2021 with plans for the largest master-planned, development-ready industrial park ever delivered in Phoenix’s Southeast Valley submarket. To date, CRG has made $27 million in … [More]
Dallas Development and Investment Firm Set to Break Ground on Glendale Industrial Site
Provident Industrial, a division of Dallas-based Provident, is set to break ground on a fully entitled industrial site located at 6550 W. Orangewood Avenue, Glendale, Arizona. The development, known as Orangewood Commerce Center, is located just 10 miles northwest of downtown Phoenix, with convenient access to U.S. 60 (0.5 miles) and the Loop 101 Freeway (4 miles). The … [More]
Homegrown Arizona Apparel Co. Triples Tempe Corporate Headquarters
The Phoenix office of JLL announced it has completed a 96,407-square-foot lease for Branded Bills, a rapidly expanding, homegrown Arizona company offering a range of hat and apparel products featuring a trademark, hand-forged leather patch. Located at 360 S. Smith Rd. in Tempe, Arizona, the lease relocates and triples the size of the Branded Bills headquarters, consolidating … [More]
National New Home Builder Joins Roster for Master-Planned Community’s First Village
Howard Hughes Holdings Inc. announced the addition of New Home Co. to the roster of homebuilders at Teravalis™, the company’s new community located in the Phoenix West Valley. New Home Co. joins Brightland Homes, Century Communities, Courtland Communities, KB Home and Lennar as homebuilders for Floreo, the first village of Teravalis. Floreo is under development, slated for a … [More]
Reimagined Paradise Valley Mall Sets Opening Date of First Residential Property
AVE, the residential real estate brand of Korman Communities, in partnership with RXR, announces the opening date of AVE Paradise Valley (12400 North Tatum Boulevard), a new elevated apartment community located in the reimagined Paradise Valley Mall development. The property will open on Nov. 15, 2024, and is now accepting applications. The state-of-the-art, mid-rise building … [More]
Iconic Mall Set for Demolition, Redevelopment Begins Soon
Phoenix’s most iconic mall is on its way to becoming the largest mall redevelopment project in Arizona’s history. Concord Wilshire Capital and TLG Investment Partners, the Developer, announced that the Abatement and Demolition of the Metrocenter Mall, including the Dillard’s and U-Haul Buildings (formerly Macy’s), have commenced, and it has formed a partnership with Diversified … [More]
Home Builder Breaks Ground on 90 Homesites for a New ‘High Performance’ Mesa Community
Landsea Homes Corporation, a publicly traded residential home builder, announced that it has begun development on 90 homes for a new community called Rialta in Mesa, Arizona. “The groundbreaking of Rialta extends Landsea Homes’ presence in a highly sought after location within the City of Mesa,” said Todd Condon, Arizona Division Vice President of Sales and Marketing, … [More]
CRE Firm Closes on Key Industrial Property in Burgeoning Phoenix Submarket
Stos Partners, a leading commercial real estate investment and management firm specializing in the value-add space, announces its closing of 236 and 240 North 48th Avenue in Phoenix. The 5.3-acre property includes two freestanding industrial warehouse buildings totaling 94,836 square feet. The transaction marks Stos Partners’ seventh industrial acquisition in Phoenix as the … [More]
JLL Promotes New Head of Phoenix Tenant Rep Division
The Phoenix office of JLL today announced it has promoted Ryan Bartos to market lead of its Tenant Rep Advisory Group. In his new role, Bartos is responsible for overseeing all brokerage activity for the company’s Phoenix tenant representation office team. “Ryan has been a key member of the JLL team since joining our firm more than seven years ago,” said JLL Executive … [More]
Pacific Hospitality Group Announces Groundbreaking of New Hotel in Downtown Phoenix
Pacific Hospitality Group, in partnership with Berger Holdings and JWG Investments, an affiliate of Sunbelt Holdings, proudly announces the groundbreaking of its newest independent lifestyle hotel under the Meritage Collection. The project broke ground on September 3, 2024, at the corner of Central and Adams in downtown Phoenix, with the new four-star, four-diamond property … [More]
