Resimercial Trending as Workplace Design

by Wendi Stallings

With all the social and economic change happening over the past year, most industries are in a state of disruption, and commercial real estate is no exception. While many of the trends we are anticipating for the next several years are not entirely new concepts, the overarching trend is that companies will need to evolve in order to stay relevant.  For the commercial office … [More]

New Mesa Entertainment District to Include a Surf Lagoon

by Mike Hunter

A new entertainment destination recently broke ground in Mesa. Cannon Beach will be a 37-acre surf, shop, gym and multi-use development. The project by Cannon Beach Developers, two and a half years in design and development, will bring the ocean to Arizona in a place unlike any other in the state. The oasis, located at the cross streets of Power and Warner roads in Mesa, will … [More]

Back to School – Trends in K-12 Construction

by Alison Bailin Batz

For many, elementary school classes were in portables, lunch was held in a boxy multi-purpose room and technology meant the chance to play Oregon Trail. And we loved it! Today’s students, however, just have way cooler schools, thanks in great part to innovation.  According to Patrick Sheppard of CHASSE Building Team, a key component of design today is collaborative spaces, … [More]

Sale of Agave Center, Scottsdale, Sets Record

by Mike Hunter

The recent sale of Agave Center at $9.775 million sale and 6.2% CAP, brokered by Colliers International, represents a record per-square-foot rate for an unanchored Scottsdale shopping center. The 2.46-acre shopping complex, with 16,038 square feet of retail space and positioned at the highly trafficked intersection of Scottsdale Road and Acoma Drive, is 100% occupied by local … [More]

Water Feature Sets Off The BLVD Development in Avondale 

by Mike Hunter

A new water feature project, which recently broke ground at the corner of Avondale Blvd. and W. Dale Earnhardt Dr., in Avondale, will be the showpiece at The BLVD, an exciting new development along Avondale Boulevard. The project will include two signature-entrance water features, a one-acre lake, koi pond, splash pad, pedestrian bridges and inviting landscaping. Once … [More]

Denver-based Company to Build Chandler Connection

by Mike Hunter

Marking its entry into the Phoenix industrial market, Denver-based Comunale Properties has selected Stevens-Leinweber Construction to build Chandler Connection, a 201,000-square-foot, Class A industrial building immediately adjacent to the Chandler Municipal Airport in Chandler, Arizona. Construction is scheduled to begin July 2021, with an anticipated completion during first … [More]

Pandemic Sparks Adaptations in Healthcare Design and Construction

by Chris Nickle 

As we mark the recent one-year anniversary of the declaration of COVID-19 as a public health emergency, many of us find ourselves reflecting on the past year — grieving for those who lost their lives; missing in-person interaction with family, friends, and colleagues; finding new appreciation for educators and frontline workers; and feeling anxious to return to a “normal” way … [More]

Developer Enters Arizona Market with Large Opportunity Zone Project in Tempe 

by Mike Hunter

Milhaus, a national award-winning developer, owner and operator of Class-A multifamily properties, is expanding into Arizona with one of the company’s largest developments to date: Milhaus North Tempe. As this April edition goes to press, groundbreaking is imminent on the $91-million first phase of this planned two-phase development project by Milhaus in partnership with Los … [More]

The Future of the Post-Pandemic Office

by Quentin Abramo 

In the ’80s, ’90s and early 2000s, office work was done with large desktop units that needed power and data to the desktop (the 8-by-8-foot cubicle). By the mid-2000s, powerful new technology and information became available with handheld devices, and the idea of working remotely was introduced. While this technology could do almost everything a desktop could do, most of the C … [More]

New Golf Course Graces Toll Brothers’ West Valley Development

by Mike Hunter

Newly opened in Surprise, Sterling Grove Golf and Country Club is the first new golf course in the West Valley in nearly a decade. The Nicklaus-designed championship golf course is the centerpiece of active recreational options that include a putting course, driving range, and tennis and pickleball courts at Toll Brothers’ Sterling Grove community, which will encompass 2,200 … [More]

Phoenix Mid-Century Marvel Offered for Adaptive Reuse

by Mike Hunter

Wrapped on by three arterial streets, a trio of bus routes and two light rail stations, the mid-century First National Bank building is being offered for sale by the City of Phoenix for adaptive reuse and redevelopment. Located on the corner of 1 S. 24th Street, between Washington and Jefferson streets, the iconic mid-century bank building is a crossroad entrance to the … [More]

New Multifamily Project in Phoenix’s Expanding Deer Valley Area

by Mike Hunter

The Related Group, an international developer known for its sophisticated metropolitan “for-sale” condominiums, rental and mixed-use projects, has broken ground on a 388-unit multifamily luxury residential apartment project: Town Deer Valley, at the crossroads of 19th Avenue and Alameda Road in Phoenix. The Town Deer Valley signature property was designed by Gary Todd … [More]

What to Expect in the Greater Phoenix Commercial Real Estate Industry in 2021

by Rick Padelford

The buzzword for 2020 across all industries, including commercial real estate, was “pivot.” Fortunately, the fundamentals of the Phoenix-area commercial real estate market were strong before the onset of the COVID-19 pandemic, so we were prepared to weather the storm better than other markets across the U.S. Here is a snapshot of Phoenix’s commercial real estate industry in … [More]

Gilbert Medical Office Market Is Dynamic

by Patti Gentry

Since opening in 2006, Dignity Health’s Mercy Gilbert Medical Center has grown from a single hospital into the centerpiece of one of the Valley’s most dynamic medical corridors. Demand here is so high that vacancy rates on the hospital campus sit at virtually zero and nearby off-campus vacancy is just 4.9% — nearly three times lower than Phoenix’s overall medical office vacancy … [More]

New Master-Planned Community in Queen Creek

by Norm Nicholls

Fulton Homes is beginning work on Barney Farms, a 550-acre master-planned community that will include 1,700 homes. The development is located on the northeast corner of Queen Creek Road and Signal Butte Road.  This groundbreaking represents a new standard for large-scale communities in the southeast Valley. We worked hard to secure the land, and then to develop something … [More]

TI Project Expands Gilbert Manufacturing Campus

by Mike Hunter

The newly completed 120,294-square-foot, two-story Gilbert Spectrum V continues the expansion of Northrop Grumman’s multi-building satellite manufacturing campus in Gilbert, Arizona., with construction of its final build-out now underway and expected to be complete within this quarter. Gilbert Spectrum Building V, located at 1715 W. Elliott Road, is the latest building … [More]

Infill Industrial Projects Planned in Tempe

by Mike Hunter

ViaWest Group of Phoenix has purchased three real estate assets in Tempe from Insight Enterprises, Inc. for $26.85 million. The portfolio includes Insight’s corporate headquarters building situated on a 19-acre site at 6280 S. Harl Ave., which ViaWest plans to replace and re-develop the property into a Class A industrial park after Insight relocates at the end of this year. The … [More]

Phoenix Ranks among Markets with Fastest Flex Expansion

by Mike Hunter

The pandemic-induced downturn that some feared would severely impact the flexible office space sector has instead landed flex space a prime role in future office strategies, according to a recent report from CBRE. And in Phoenix, flex space has grown rapidly as of late, expanding by 13.7% in 2020 — making it No. 10 among the leading flex office markets in the United … [More]

Gilbert Mixed-Use Development Designed for Walkable Lifestyle

by Mike Hunter

Epicenter, the high-end, vertically integrated mixed-use community and retail destination in the heart of Agritopia®, is progressing on schedule with construction since its groundbreaking in January. The development is slated to welcome residents in the fall of 2021. The multi-family units feature state-of-the-art amenities along with design details that will capture the … [More]

Development on Prime Parcel in Glendale

by Mike Hunter

En Fuego, which broke ground last March, is well under way, according to Walt Brown, founder and CEO of Scottsdale-based real estate brokerage and development company Diversified Partners, who recently announced Starbucks, Raising Cane’s, Barro’s Pizza, Burros & Fries, Twisted Sugar, Jack in the Box, Then Burger and Honey Go Nails are already committed. Across the street … [More]

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