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]

‘Stay & Play’ Offer to Prospective Homebuyers

by Mike Hunter

Camelot Homes offers a unique new Stay & Play experience at The Villas at Seven Desert Mountain™ in North Scottsdale: Potential homebuyers have the opportunity to stay in one of the award-winning community’s homes, play golf at the championship Seven Desert Mountain golf course and partake in the community’s world-class amenities. “Buying a new home and choosing a new … [More]

New Build Accommodates COVID Sensibilities

by Mike Hunter

Construction is complete on Chandler Corporate Center Phase II, from developer VanTrust Real Estate. The two-story, 117,394-square-foot Class A office building is part of the three-phase One Chandler Corporate Center, located on 26 acres one mile from freeway loops 101 and 202 at 4100 W. Chandler Blvd., that has been designed to attract Fortune-ranked corporate … [More]

West Valley Is High Profile for Industrial 

by Mike Hunter

In a strategic joint-venture partnership with Phoenix-based Bird Dog Industrial CRG, the real estate development and investment arm of Chicago-based Clayco, will be developing 335-acre industrial park The Cubes at Glendale. Construction will begin on March 1 of a 1.2-million-square-foot speculative warehouse, part of a project that will ultimately bring to market 5.5 million … [More]

International Developer Breaks Ground on First Arizona Multifamily Project 

by Mike Hunter

The Related Group, an international developer known for its sophisticated metropolitan “for-sale” condominiums, rental and mixed-use projects, recently broke ground on its first multifamily project in Arizona, The Manor Scottsdale. “The Phoenix metro area is one of the fastest-growing and most desirable locations for developers,” says Michael D’Andrea, Southwest regional vice … [More]

Local Luxury Condo Tower among the Top Two Fastest-Selling on the West Coast

by Mike Hunter

Sales at 7180 Optima Kierland, the newest tower within the $500 million Optima Kierland development from leading multifamily developer Optima, reached 85% last month as it averages 4.5 sales per month since January 2020, making it among the top two fastest-selling luxury condominium developments on the West Coast. That average is approximately five times greater than the rest … [More]

Office Design Trends as WFH Becomes the Norm

by Mike Hunter

Dramatic shifts in the everyday lives of homebuyers have caused families to rethink a once-overlooked, private working corridor: the home office. In fact, the home office does not only benefit the “worker.” Recent months have shown that many different family members can end up at home for unknown periods of time, using different devices to keep up-to-date with schooling, … [More]

Axway’s Agile Work Environment

by Mike Hunter

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.

by Mike Hunter

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

by JLL

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

by Mike Hunter

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

by Mike Hunter

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

by Mike Hunter

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

by Todd Sumney

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

by Mike Hunter

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]

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