Leading Phoenix-based general contractor Stevens-Leinweber Construction, representing Merit Partners Inc., has completed and delivered Merit 27 Buckeye. Located on 18 acres at the southeast corner of 27th Avenue and Buckeye Road, this unique industrial infill — now fully leased — transforms a former and vacant Murphy Elementary School District campus into a modern, … [More]
Industrial & Mixed-Use Development in West Phoenix
Phoenix-based developer Creation recently completed construction on Park Algodon, a $250-million development that combines 1.3 million square feet of Class A industrial space with an adjacent seven-acre mixed-use destination. This brings new logistics, retail, dining and employment opportunities to the northwest corner of Loop 101 and Indian School Road in Phoenix — one of the … [More]
‘City within a City’ Breaks Ground in North Phoenix
Construction recently began at the 2,300-acre Halo Vista development in North Phoenix. This $7-billion master-planned project by development partners Mack Real Estate Group and McCourt Partners, designed to be a “city within a city” that will transform the area into a global hub for science, innovation and community, is located adjacent to TSMC Arizona. … [More]
Development: How to Turn a Project’s Opposition into Its Biggest Fan
In the world of Arizona land use and zoning, opposition is less a possibility and more a procedural step. The real question isn’t whether a project will face opposition — it’s whether that opposition can be transformed into something more useful than a stack of speaker cards at a public hearing. Done right, a project’s loudest critic can become its most effective … [More]
Phoenix Industrial Market: Infrastructure, Speed and Strategic Locations
Are Shaping the Next Cycle
Phoenix’s industrial market continues to evolve as population growth, infrastructure investment and corporate migration reshape how companies evaluate logistics and manufacturing locations. While the market experienced a significant wave of new supply in recent years, long-term fundamentals remain strong. Tenant priorities are increasingly centered on operational efficiency, … [More]
Arizona Builders Alliance Champions Construction Industry through Education, Advocacy and Connection
As a member-driven trade association, the Arizona Builders Alliance serves the commercial construction industry through comprehensive support that includes education, networking, business development, and robust legislative advocacy. This important benefit comes from the ABA’s dual affiliation with both the Associated Builders and Contractors (ABC) and the Associated General … [More]
Manufacturing Growth Spurs Need for Real Estate, Housing Development in Phoenix
A defining feature of the post-COVID-19 economy has been a broad push to bring manufacturing jobs back to the United States. For decades, leveraging inexpensive overseas labor was viewed as a smart business strategy. However, the pandemic exposed the vulnerabilities of overreliance on global supply chains. Add rising geopolitical uncertainty and increasing offshore production … [More]
Retail Project to Serve Surging Growth in West Valley
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, recently unveiled plans for a new commercial retail development at the southeast corner of 99th Avenue and Indian School Road, just west of Loop 101 in Phoenix, to serve a rapidly expanding trade area. Located near major employment and entertainment drivers, the development is designed … [More]
Tempe Industrial with Rail Spur Capability
The recently completed Source Business Center brings 144,885 square feet of Class-A industrial space to Tempe. Situated on a 15-acre site at the southeast corner of Warner Road and Hardy Drive, the property features prominent frontage on Warner Road, direct access to I-10 and Loop 101 and rail spur capability due to its adjacency to a Union Pacific rail line. Developed by … [More]
Flexible Warehouse Space in Tempe
Leading design-build firm LGE Design Build recently complete construction on Source Business Center, a 144,885-square-foot Class-A industrial facility situated on a 15-acre site at the southeast corner of Warner Road and Hardy Drive in Tempe designed to be timeless and welcoming. Developed by Creation and investor CrossHarbor Capital Partners, the project offers generous … [More]
Historic Phoenix Logistics Development on Infill Space
CapRock Partners, a privately-owned investor and developer of industrial real estate in the Western and Central U.S., recently completed CapRock West 202 Logistics – Phase 2, marking the final phase of Phoenix’s largest speculative industrial development. Phase 2 delivers 825,000 square feet of Class A warehouse space across three buildings on 43 acres in the Southwest Phoenix … [More]
The Partnership of Hospitality and Healthcare
While 84% of U.S. consumers say wellness is a “top” or “important” priority, per a recent 2026 poll by McKinsey, commercial real estate is activity responding to this growing need. In hospitality especially, hotels and resorts are focusing on how to expand their amenity packages to create experiences that enhance a traveler’s overall well-being. Leveraging emerging tech, … [More]
Buyer Demand Is Quietly Reshaping Phoenix Industrial
Buildout expenses, improved financing and elevated vacancies are creating a prime scenario for those wanting to own their metro Phoenix industrial real estate. Phoenix developers are taking note of this trend as well, and it is quietly (or not so quietly) shaping 2026 strategies. While leasing offers advantages like speed-to-market and flexibility — factors that are critical … [More]
Retail Isn’t Back — It’s Evolved: Inside Commercial Development’s Weirdest, Smartest Year Yet
For years, commercial retail development lived under a single, exhausting headline: Is retail dead? In 2026, the answer is finally clear — and it’s neither yes nor no. Retail didn’t “come back.” It evolved. Nowhere is that evolution more visible than in Arizona, where population growth, climate realities and relentless suburban expansion have turned the state into a … [More]
Short-Term Rentals: A Growing Investment Opportunity in Arizona
Over the past decade, the short-term rental (STR) market has evolved from a niche concept into a thriving sector of the real estate industry. Investors and property owners alike are increasingly drawn to this model, recognizing its ability to generate strong returns while adapting to shifting consumer travel habits. With more travelers seeking unique accommodations and flexible … [More]
One Camelback’s Comeback Finds Its Unlikely Savior
For nearly five years, the tower at Central Avenue and Camelback Road stood as one of Phoenix’s most puzzling real estate stories. Commuters admired its angles and shimmering glass. But for all its promise, One Camelback remained frozen, an office-to-apartment conversion turned cautionary tale. The building was roughly 80% complete, and 100% stuck. Contractors left. Lawsuits … [More]
Medical Office/Inpatient Rehab Combo Honored
Healthcare Real Estate Insights™ magazine’s annual national awards program honors PMB’s Abrazo Health Litchfield Medical Building, the first combination medical office and inpatient rehabilitation facility in Goodyear. Named a 2025 finalist, the 46,000-square-foot facility and surrounding services is positioned alongside the Abrazo West Campus and expands access to … [More]
Construction Resumes on Sports Academy Complex, Hotel
Texas-based real estate developer SSS Partners, LLC recently closed on $183 million in financing and will immediately resume construction on its plans for a private sports academy for grades nine through 12, multi-sport arena and hotel located at I-17 and Sonoran Desert Drive, adjacent to TSMC. SSS Partners acquired the project that was approximately 50% complete in 2023. With … [More]
