With more than 300 employees locally and 2,000 globally, and celebrating its 20th anniversary, Axway, Inc. — an information technology company providing enterprise software, business analytics, mobile app development and API management — has relocated to a new North Scottsdale office location at 16220 N. Scottsdale Rd., Suite 500. The new office space has been designed … [More]
Tempe Building One of Largest 2020 Office Sales in Southwest U.S.
Lincoln Property Company’s Class AA Grand2 office building in Tempe, Ariz., has sold, becoming the largest office sale to close in the state in 2020 and one of the top five office sales to close in 2020 in the Southwestern United States. The building buyer is Apex Capital Investments Corporation, a U.S.-based real estate investment management firm with a track record of … [More]
Q3 Phoenix Industrial Dominated by Warehouse and Distribution Space
The onset of COVID-19 is driving industrial demand in Phoenix, with warehouse and distribution space emerging as leaders in an industrial market that is rapidly growing in both popularity and sophistication, according to the new JLL Q3 Phoenix Industrial Insight Report. Phoenix recorded just over 1.6 million square feet of absorption during the third quarter — up 60 percent … [More]
Golf Villa Resort Adjacent to The Phoenician
Replay Destinations plans to develop Ascent at The Phoenician®, a private residential community that will sit at the foot of Camelback Mountain, overlooking the Phoenician® Golf Club. Replay has acquired the development parcels from affiliates of Host Hotels & Resorts, Inc., owner of The Phoenician®, a Luxury Collection Resort, which is consistently recognized as one of the … [More]
COVID-Conscious Co-Workspace in Phoenix
Faciliteq, a leading workplace solution provider in the Southwest, opened its newest adaptive reuse project last month. Developed with sister company BWIQ (Build With IQ), the Five55 Melrose building (555 W. Turney Ave., Phoenix) transforms a former neighborhood fitness center into a modern co-working environment designed with the post-COVID world in mind. Five55 Melrose was … [More]
Landsea Homes Innovates Virtual Home Design
Landsea Homes — a homebuilder whose projects in Arizona include Alamar in Avondale, Harvest in Queen Creek and Verrado in Buckeye — has launched a new High Performance Homes interactive experience. The new program allows homebuyers to visualize and virtually experience every element and feature of the HPH program, from home automation to sustainability and energy … [More]
COVID Inspired Change in Home Design
Companies, real estate agents and entire industries are adapting quickly to match homebuyers’ needs and desires that are radically different from what they were just a year ago . . . Consumers and businesses alike have been forced to adapt and change how they live and work due to the COVID-19 pandemic. Some would say that most of this evolution and change has taken place in … [More]
Adaptive Reuse of Historic Potato Barn in Gilbert
Construction on the renovation and expansion of the iconic Old Potato Barn in Gilbert is set to begin the second week of this month, as a fourth-generation, Mesa-based family business moves forward with its plans to breathe new life into the 54-year-old barn that once housed the area’s potato supply. Completion is expected in summer 2021. The City of Gilbert approved plans … [More]
$1.5B Global Logistics Park in Glendale
Camelback 303 is a $1.5 billion global logistics park being developed in Glendale, Arizona, in a joint venture by Merit Partners, First Industrial Realty Trust Inc. and Diamond Realty Investments. At completion, the park will accommodate approximately 9–10 million square feet of Class A industrial distribution and manufacturing space, making it the largest freeway-fronting … [More]
Boutique Vision for Copper Square Hi-Rise
Leading real estate investor ScanlanKemperBard and capital partner Black Salmon have kicked off the final phase of renovations at 101 North, the second-tallest high-rise in downtown Phoenix. The upgrades, which encompass all of the building’s ground-floor indoor and outdoor spaces, complete a multi-year transformation of the trophy asset into a boutique environment unique to … [More]
Office Condos Serve Pent-Up Demand for Medical
Auviana Medical Complex, a six-building state-of-the-art modern medical and professional office condominium development, was recently completed at 14725-14765 W. Mountain View Blvd. in Surprise. “Auviana is a perfect case study that demonstrates the pent-up demand for medical office space in the West Valley,” says Philip Wurth, CCIM, with Colliers International in Arizona. “We … [More]
Sundt Completes Two Health Clinics
Sundt Construction, Inc. recently completed work on the Valleywise Health North and South Metro Ambulatory clinics in Phoenix, located at 19th and Northern avenues and 35th and Southern avenues, respectively. Each is a single-story, 26,000-square-foot building on a three-acre site. The design is highlighted by multiple structural elements, allowing natural light to penetrate … [More]
Phoenix High in Strong Data Center Market
According to JLL’s recently released Data Center Outlook report, Phoenix ranks as a top location among all U.S. markets, performing second in the nation for year-over-year absorption in one of real estate’s strongest sectors. The report notes that companies were migrating to the public cloud before the pandemic, but this trend accelerated in the first half of the year due to … [More]
Alamar to Provide Workforce, Revenue for Avondale’s Growing Economy
With a strong focus on economic growth and smart city planning, Avondale has fast become a top destination for new development. And this month, the city welcomes a valuable addition to its economic engine with the grand opening of Alamar, a 3,695-home, 1,127-acre master-planned community near the proposed Arizona State Route 30. This innovative community is the result of years … [More]
Major Project at the Confluence of Tempe, Scottsdale and Mesa
With delivery on track for next month, Union Building One is the first of four four-story to eight-story Class A office buildings planned at the confluence of Tempe, Scottsdale and Mesa. When complete, the project will bring a new, 1.35 million-square-foot corporate hub to the heart of Mesa Riverview. Union Building One will total 238,348 square feet in four stories, with an … [More]
Block 23 Grabs Major HQ Commitment
Marking one of the largest metro Phoenix leases to sign since the onset of the COVID pandemic, office experts from the Phoenix office of JLL have completed a 30,000-square-foot downtown Phoenix office lease for CVO Holding Company LLC, an industry-leading transportation technology provider. CVO will relocate and expand its corporate headquarters from its existing downtown … [More]
Tolleson Industrial Space Attracts Global Supplier
MiTek, a diversified global supplier of services and products to the residential and commercial construction sectors, has expanded its presence in Arizona, working with Colliers International in Arizona in renewing its lease of 259,200 square feet at 7890 W. Lincoln St. — where it will be relocating some out-of-state operations — for eight-plus years and adding a new 10-year … [More]
SkySong TI Project for Unique Restaurant Concept
Scottsdale-based Sigma Contracting, Inc. is collaborating on a unique restaurant concept opening this fall on the campus of SkySong, the ASU Scottsdale Innovation Center. It is providing design-build tenant improvement services for locally owned Born & Raised Hospitality, which anticipates opening its newest concept, Broth & Bao, in November. A bao bun, also known as a … [More]
