Dream Finders Homes, Inc. and Beazer Homes USA, Inc. announced that they have entered into a definitive agreement under which Dream Finders will acquire Beazer in an all-cash transaction at an enterprise value of approximately $2.2 billion. Under the terms of the agreement, Beazer shareholders will receive $33.50 in cash for each share of Beazer common stock, representing an … [More]
Large-Scale East Valley Housing Project Delivers 248 New Units
Ware Malcomb, an award-winning international design firm, announced construction is complete on Garrett Mesa, a new multifamily community in Mesa, Arizona. Ware Malcomb’s Phoenix office provided architectural design services for the 14.27‑acre, 248‑unit project, located at 1340 South 48th Street in Mesa’s East Valley. Garrett Mesa is developed by Garrett Companies, a … [More]
Auto & Retail Development at Mesa’s New SR-24 Interchange
Diversified Partners, a leading Scottsdale-based commercial real estate brokerage and development firm, is advancing Destination at Gateway, a 163-acre power center development located at the new SR-24 interchange at Signal Butte Road in Mesa, Ariz., in one of Arizona’s fastest-growing corridors. The project includes two distinct components now available for lease: 24 Auto Row, … [More]
Spec Industrial to Fill Need in West Chandler
A new project known as Ten56 is set to provide more than 180,000 square feet of speculative industrial space in the West Chandler employment corridor. Developed by STAG Industrial and Becknell Industrial, the building will be located less than a mile from the I-10/Loop 202 interchange at the southwest corner of 56th Street and Chandler Boulevard. Ten56 will help meet demand … [More]
Where Hospitality Meets Housing: The Rise of Resort-Adjacent Residential Communities in Phoenix
In Phoenix, where rapid growth continues to reshape both skyline and lifestyle, a shift is underway in how multifamily housing is conceived. Increasingly, the line between where people live and how they experience that environment is blurring as developers blend residential design with elements once reserved for hotels and resorts. Across high-growth markets, resort-adjacent … [More]
Hospitality Is a Verb: Designing Experiences People Remember
The design industry has spent years talking about experience. Hotels, restaurants, workplaces and mixed-use developments all aspire to create memorable moments that keep people coming back. But there is a challenge: Memorable experiences cannot be manufactured. Amenities can be replicated and beautiful interiors can be copied. What separates one place from another is … [More]
Major West Valley Development Names Main Street Developer
FIVE NORTH at VISTANCIA has reached a significant milestone with the selection of Scottsdale-based Lyfe Companies to develop its first phase of the main street retail and restaurant corridor, signaling continued momentum for the next major mixed-use hot spot destination in the far North Peoria/West Valley area. Vistancia Development LLC has entered into a contract with … [More]
$20M Medical Office Project Breaks Ground in Queen Creek
The Phoenix office of Kidder Mathews announced the groundbreaking of The Collective on Ocotillo, a new Class A medical office condominium development located at the SEC of Ocotillo Road and 226th Street in Queen Creek, Arizona. The $20.1 million project, developed by A.T. Craft of Mesa, Arizona, will provide healthcare professionals and medical users with a rare opportunity … [More]
Major Tempe Office Redevelopment Delivers New Industrial Hub
Creation, one of Arizona's leading real estate development firms, in partnership with CrossHarbor Capital Partners and Amherst, announced the completion of Nexus Commerce Center, a three-building, 273,000-square-foot Class-A industrial park at Elliot Road and Hardy Drive in Tempe. Delivered on a 16-acre site once home to Elliot Corporate Center, the redevelopment converts a … [More]
$44.5M Land Deal Paves Way for 308 Verrado Homes
Tri Pointe Homes announced the acquisition of approximately 99 acres within Verrado Highlands, the newest community within the award-winning Verrado planned community located in Buckeye, Arizona. Capitalized in partnership with Kennedy Lewis Investment Management and purchased from DMB White Tank, LLC for approximately $44.5 million, the acquisition is expected to bring 308 … [More]
