One of the challenges in commercial real estate is to connect the spaces we create to the end user in a way that improves their quality of life. If we do that well, not only do we foster community, but that also means a healthy bottom line for the client and spaces with longevity. One of the concepts that aids in this goal is establishing an effective third place. It is … [More]
Converting Offices and Hotels into Multifamily Housing Is One Answer to the Valley’s Housing Crisis
As demand for housing alternatives continues to grow, Caliber is applying its expertise in multifamily development in creative ways to provide new solutions across the Valley. This spring, the firm completed funding for the first phase of our SP10 project, the conversion of a 160-room hotel into 104 apartment units with Class A amenities in the Ahwatukee Foothills of South … [More]
Mixed-Use Development Breaks Ground in Gilbert
Okland Capital and San Tan Development Group recently broke ground on phase one of Northside at SanTan Village, a brand-new mixed-use development that will bring high-end retail, restaurant and hotel amenities to the SanTan Village submarket in Gilbert, Arizona. Located on the east side of Santan Village Parkway between Williams Field and Ray roads, Northside phase one … [More]
New Hangars Planned for Falcon Field Airport
Agate Construction, a leading construction company specializing in innovative projects across various commercial and industrial industries, has announced plans to construct four new aircraft hangar buildings on 4.13 acres of Falcon Field Airport property. Representing Agate Construction’s eighth construction project in partnership with DKS Properties LLC’s ownership, the … [More]
Uniquely Divisible Industrial in Phoenix-Goodyear Airport Area
Construction is underway on Building A of the Palm Valley Commerce Center in the rapidly expanding Phoenix-Goodyear Airport submarket of Goodyear, Arizona, with delivery expected in Q2 2025. Upon completion, the project will consist of three buildings totaling 294,840 square feet. A unique characteristic is the spaces’ divisibility from 125,840 square feet to 4,680 square feet, … [More]
Data Center Master Planner Closes on 2,069 acres in Buckeye, among the Largest Data Tech Parks in U.S.
Acquisition will support one of the largest data center technology parks in the country
Tract, a developer of master-planned data center parks, announced its acquisition of a 2,069-acre land parcel in Buckeye, Arizona. The land acquisition will be one of the largest data center parks in the United States anticipating up to 20 million square feet of data center space across as many as 40 individual data centers at full build-out. Tract is currently working with the … [More]
Homebuilder and Home Design Firm Announce Strategic Partnership
Family-owned premiere homebuilder Camelot Homes is proud to announce a strategic partnership with leading design firm, Guided Home Design. This collaboration between two Scottsdale-based companies marks a significant milestone as Guided Home Design will now exclusively manage interior design for the family-owned luxury homebuilder. A dedicated team of designers will work with … [More]
Development Co. Expands Business with Entry into Airport Submarket
Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, announced a significant expansion to its industrial business line with the acquisition of 12.68 acres at the southeast corner of 48th Street and Alameda Drive in Tempe, Ariz., for $13.0 million. The future development, to be called 48th @ Alameda, is strategically located in the Airport … [More]
Chicago Home-Cooked Food Coming to Downtown Phoenix
Big Bacon’s, which has been operating out of a ghost kitchen in Tempe, is known for its authentic Chicago soul food including stuffed jerk burgers, fried chicken, fried pork chop sandwiches, and a variety of seafood dishes including salmon and catfish. NAI Horizon facilitated the long-term lease for a restaurant that is bringing home-cooked food from Chicago to Downtown … [More]
North Scottsdale Office Complex Major Tenant Expands, Brings Property to Full Occupancy
Nationwide Realty Investors announced that the 440,000 square-foot Cavasson East office building within the larger Cavasson mixed-use development in North Scottsdale has reached full lease occupancy. “This is an incredible milestone for Cavasson,” said Brian J. Ellis, President of Nationwide Realty Investors. “Achieving 100% lease occupancy in an extremely tough global office … [More]
