KB Home announced the grand opening of its newest community, Mystic Vista Traditions, in desirable Buckeye, Arizona. The new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and ample storage space. Mystic Vista Traditions’ one- and two-story homes offer up … [More]
Construction Begins on Urban-Appeal, Master-Planned Community in North Scottsdale
Award-winning real estate development firm, Optima®, is partnering with Mitsui Fudosan America, Inc., (“MFA”) for the development of the first building within its newest Arizona residential development, Optima McDowell Mountain Village™, located on 22-acres on the southeast corner of Scottsdale Road and the Loop 101 Freeway in North Scottsdale. The first building will … [More]
Partnership Brings Celebrity Chef to New Camelback Corridor Office Project
In the latest evolution of its revolutionary Bond office redevelopment, Phoenix-based developer George Oliver has partnered with award-winning chef and entrepreneur Mark Tarbell to run all food and beverage services at the developer’s latest hospitality-inspired office transformation, located in the heart of Phoenix’s Camelback Corridor. The agreement further establishes Bond … [More]
Global Software Solutions Provider Relocates to New Tempe Office amid West Coast Expansion
Chetu, a leading provider of world-class software development and support services, is excited to announce the opening of its new, larger office in Tempe, Arizona. This strategic relocation comes in response to the company’s sustained growth and commitment to meeting the demands of the West Coast tech scene. With 14 offices throughout the U.S., United Kingdom, and India, … [More]
Agency Relocates to Downtown Phoenix
ON Advertising and RED Development announced that ON Advertising is relocating to a 14,400 square foot office in RED Development’s premier CityScape tower in the heart of downtown Phoenix. ON Advertising’s move is happening just as the firm celebrates 30 years in business. ON Advertising is a full-service agency that offers strong visual branding and storytelling along with … [More]
Tempe-Based General Contractor Announces New Ownership, Executive Leadership
Sun State Builders, a Tempe-based general contractor that has operated in Arizona for more than 50 years is now under new ownership. Mike Forst and Andrea Piering will become sole owners, as the company’s Founder and CEO Jim Chamberlain retires from the company’s day-to-day operations. Forst will now serve as CEO and Piering as president. Chamberlain will continue to partner … [More]
Sleep Inn Tempe Successfully Transforms into Thriving Student Housing Development
In a landmark transaction, the Sleep Inn, located in Tempe, has been acquired by a prominent student housing developer, marking the beginning of an exciting new chapter for the property. The 72-room hotel, strategically situated on 1.38 acres, has been sold to a visionary developer, who plans to demolish the existing structure and erect a state-of-the-art, 7-story student … [More]
Record Levels of New Space Deliveries Drive Up Vacancy in Phoenix Industrial Market
Strong Absorption Expected Through 2024 with Continued Rental Rate Increases
The Greater Phoenix industrial market delivered a historic 27.9 million square feet of new space during 2023, which drove vacancy rates up in the area, according to a report released by Colliers in Arizona. Vacancy rose to 6.7 percent at the end of fourth quarter, which marks a 370 basis point rise year-over-year. Strong pre-leasing of those delivered developments helped … [More]
Homebuilder Expands in Verrado 55+ Community, Closes 145 New Homesites
Landsea Homes Corporation, a publicly traded residential homebuilder, announced it has closed on 145 new homesites in Victory at Verrado, a 55+ active adult neighborhood in the Verrado master-planned community located in scenic Buckeye, Arizona. These new homes will be an extension of Landsea Homes' existing Skye Ridge at Victory neighborhood, which is almost sold out. "Our … [More]
Law Group Expands Footprint to Accommodate Growing Demand and Business Expansion
Law Group, Arizona’s leading personal injury law firm, today announced that it has doubled the square footage of its Southeast Phoenix office to further enhance its service capabilities in the thriving Tempe/Phoenix market. The expansion is a strategic move to accommodate the increasing demand for the firm’s legal expertise and to support its robust business growth throughout … [More]
