Developer Breaks Ground on Build-to-Rent Townhome Communities in Phoenix

inbusinessPHX.com

Rockefeller Group, the U.S. real estate developer, owner, and operator, announced it has broken ground on Corsica Villas, two build-to-rent (BTR) communities totaling 152 townhomes in South Phoenix, the company’s first BTR communities in Arizona. Rockefeller Group has selected Mosaic, the nation’s leading BTR general contractor, as the general contractor to oversee all aspects … [More]

North Scottsdale Luxury Home Development Breaks Ground in Collaboration with Top Architect and Design Firm

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Sonora West Development announced that it has broken ground and sold three of the planned 21 homes at its newest luxury home community, Serene, located in North Scottsdale near Dynamite & Alma School Roads. Limited to just 21 homes, each residence offers bespoke features such as custom interiors, advanced home technology, and meticulous landscaping. Buyers can choose from … [More]

Queen Creek Shopping Center Opens Top-Brand Retailers

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Vestar, one of the leading privately held shopping center owners and managers in the western United States, is proud to announce the opening of Nordstrom Rack at Queen Creek Marketplace, on Thursday, May 16th.  The 900,000-square-foot shopping center is located off the southwest corner of Rittenhouse and Ellsworth Loop Roads in Queen Creek. Nordstrom Rack is the off-price … [More]

Private Equity Firm Acquires Shopping Center, Marks Entrance into Arizona Market

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First National Realty Partners, a leading national private equity firm specializing in commercial real estate, completed the acquisition of Horizon Village. The addition of this 113,252-square-foot shopping center marks the firm's entrance into Arizona and expands its presence into 26 states. Horizon Village is anchored by Food City, an affiliate of Raley's … [More]

Vestar Announces Phase 2 Groundbreaking for Vineyard Towne Center

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  On May 20th, Vestar will break ground on Phase 2 of construction, featuring anchor tenant Target, marking significant progress towards its anticipated grand opening in Fall 2025. Spanning a total of 260,000 square feet, Vineyard Towne Center will offer a diverse mix of retail shops, services, and dining options to the heart of the growing Queen Creek community. "This … [More]

Design-Centric Developer’s Latest Arizona Project Hits Construction Milestone

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GO Industrial, a Phoenix-based development firm focused on delivering design-centric buildings with a location-first strategy throughout the Western United States, recently hit a major construction milestone at GO|AZ Ave after breaking ground in the third quarter of 2023. In April, the project went vertical, with the first tilt panels being raised at the 181,655 square foot, … [More]

Buckeye Industrial Logistics Building Sells for $60.1M

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Cushman & Wakefield arranged the sale of a newly delivered 641,906-square-foot Class A industrial/logistics building on approximately 40 acres in Buckeye, Arizona, a growing city in the west Phoenix Metropolitan Area. Recently completed and strategically located with frontage along Buckeye’s I-10 freeway, just west of Verrado Way, the state-of-the-art building was fully … [More]

Goodyear Develops Walkable Urban Center

by Mike Hunter

GSQ has reached a construction milestone with the groundbreaking of Goodyear Way, the major street infrastructure connecting Goodyear Civic Square at GSQ to the 150-acre mixed-use development poised to become the city’s new downtown. A joint venture between RED Development and Scottsdale-based Globe Corp., GSQ is set to transform Goodyear as the city’s premier cultural hub … [More]

Class A Industrial Completed in Glendale

by Mike Hunter

Construction has been completed in the development of Echo Park 303, a 676,176-square-foot industrial project located near the intersection of Northern Parkway and Reems Road in Glendale, within the thriving Loop 303 corridor. The Class A industrial center is 33% leased. The project, developed by Echo Real Estate Capital and designed and built by LGE Design Build, is poised … [More]

Live, Work, Shop, Play in Gilbert

by Mike Hunter

Verde at Cooley Station, a mixed-use, walkable center in Gilbert, is finalizing construction and is almost fully leased and ready to enter a consumer-focused phase to fulfill its original vision. “Verde at Cooley Station was built to be a destination and hub for local families and visitors, and we are thrilled to enter a new era of family-friendly fun!” says Norman Brody, a … [More]