Neighborhood Ventures, a leading real estate operator and an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, has closed on Venture on Maryland, a 78-unit multifamily community in Central Phoenix. Acquired in a pre-foreclosure transaction directly from the bank for $10.7 million (down from a … [More]
Phoenix’s Buck & Rider Named Among Top 20 Oyster Houses in North America
Buck & Rider, announced its inclusion on Yelp's prestigious list of the Top 20 Oyster Houses in the United States and Canada. The original Phoenix location earned the No. 16 spot, a remarkable achievement for a restaurant not situated in a coastal area. "This acknowledgment from Yelp is especially meaningful because it reflects the voices of our guests,” said Adam … [More]
Solar & Storage Training Center Opens in Avondale Targeting Utility-Scale Workforce Growth
NovaSource Power Services, the premium provider of total asset optimization including operations and maintenance for utility-scale solar and battery energy storage services, has announced the official opening of NovaAcademy, a dedicated training center and curriculum designed to accelerate workforce readiness and raise the industry bar for safety, quality, and … [More]
327-Unit Wellness Living Community Breaks Ground at PV Mall
Life Time, a healthy lifestyle brand, and RED Development, broke ground on Life Time Living Paradise Valley. The new luxury residential project will be adjacent to the 92,000-square-foot Life Time Paradise Valley athletic country club, currently under construction and scheduled to open in the first half of 2026. Together, the Life Time development will bring the company's … [More]
National Pet Supply Franchise Expands to Deer Valley with Third Valley Location
Pet Supplies Plus opened a new location on October 3rd at 4229 W Thunderbird Rd. in Phoenix’s Deer Valley neighborhood, offering pet parents a hassle-free shopping experience with a wide selection of pet products at the best price guaranteed. Known for its friendly staff and helpful customer service, Pet Supplies Plus helps local pet parents save money and celebrate the fun of … [More]
Fast-Casual Salad Chain Continues Planned Expansion to Camelback
On the heels of its successful opening at Scottsdale Quarter, Sweetgreen, the restaurant brand serving healthy food at scale, is expanding in the Valley with its second location opening at Camelback + 32nd in Phoenix. Sweetgreen, known for its chef-crafted salads, warm bowls, and protein plates, is excited to bring its fresh, seasonal menu to even more residents in the … [More]
SkySong Summer Leasing Wave Extends into Autumn with 18,000 SF Signed
SkySong, The ASU Scottsdale Innovation Center, has seen another wave of new leasing activity in the past few weeks, totaling more than 18,000 square feet. This new wave of activity comes on the heel of the announcement of transactions totaling nearly 40,000 square feet of new leases and expansions, and the signing of a large lease by the Arizona Builders Alliance in late … [More]
Phoenix Lauded as Most Opportunity-Rich City for Construction Workers
Phoenix is offering the most opportunity for construction workers of any U.S. city in 2025, as the industry experiences strong growth nationwide. With new projects fueling job creation, construction spending is expected to reach $2.2 trillion this year, a 2% increase from 2024. With demand on the rise, Astrak, a leading global supplier of undercarriage and wear parts for heavy … [More]
U.S. Housing Shows Unseasonal Strength on Rate Dip – Phoenix Market Remains Balanced
A September dip in mortgage rates paired with a stock market bump gave a boost to what is traditionally the start of the slow season in real estate. The latest market report from Zillow shows activity from sellers and buyers is unseasonably resilient after a lackluster August. "September's market showed surprising stamina," said Kara Ng, senior economist at Zillow. … [More]
Advanced Cooling Systems Factory Opens in Mesa, 300,000SF Facility to Follow
XNRGY Climate Systems, a North American manufacturer of sustainable liquid and air-cooling technologies as well as control systems, celebrated the grand opening of its Mesa 1 manufacturing facility with a ribbon-cutting ceremony in Mesa, Arizona. The celebratory event was attended by over 200 people including Arizona dignitaries, XNRGY's customers and partners, and XNRGY's … [More]
Developer Launches 8.5 Acre Business Park to Drive Glendale’s Industrial Expansion
The Mangat Group announced the launch of MG Business Park, a brand-new industrial condominium development located on the southeast corner of Glendale Avenue and New River Road in Glendale, Ariz. The 8.5-acre site, zoned M-1 (Light Industrial) by the City of Glendale, will feature 36 units across five buildings, totaling more than 84,000 square feet of small-bay industrial … [More]
$3.6M Acquisition in Gilbert Highlights Demand Shift from Lease to Own
On behalf of ViaWest Group, the Phoenix office of JLL has completed the sale of a 13,547-square-foot industrial building in Gilbert, Arizona to an owner-user buyer. Part of a six-building industrial portfolio acquired by ViaWest last year, the $3,589,955 sale highlights a demand among operators to own, versus lease, space. Located at 2020 W. Guadalupe Rd., between Country … [More]
ASU Completes $185M Interdisciplinary Sciences Building in Mesa
Arizona State University, in partnership with integrated design team SmithGroup and general contractor McCarthy Building Companies, has completed construction of the $185 million Interdisciplinary Science and Technology Building 12 (ISTB 12) at ASU’s Polytechnic campus in Mesa, Ariz. The state-of-the-art facility serves as the cornerstone for the Ira A. Fulton Schools of … [More]
Amkor Begins CEO Transition, Finalization Set for January
Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, announced financial results for the third quarter ended September 30, 2025 and a chief executive officer succession plan. “Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said … [More]
Job Corps Partnership Opens Seats in High-Demand Skilled Programs
StrataTech Education Group, a leading operator of skilled trade schools, has partnered with Adams and Associates and the Phoenix Job Corps Center to provide specialized technical training and scholarship opportunities for local Arizona students pursuing a career in the skilled trades. Through this partnership, PJCC students will gain access to professional training programs in … [More]
Baylor Taps Phoenix-Based Infrastructure Provider to Build New Central Utility Plant
Baylor University and Cordia have entered into a Pre-development Agreement to develop a solution to modernize the University’s energy system, delivering reliable, cost-efficient, and sustainable energy for the 1,000-acre campus in Waco, Texas. Under the PDA, Baylor and Cordia will define the details of a long-term partnership in which Cordia will design, build, finance, … [More]
$59B Over a Decade: Banner-UA Alliance Fuels Jobs, Care, and Research
The Arizona Board of Regents convened leaders from the organizations to speak about the significance of this decade of partnership, and to share their vision for the decade ahead. The gathering included the publication of a new report indicating the economic impact of the tripartite agreement to expand medical education, advance clinical research and innovation and elevate and … [More]
Black Rock Partners with Modular Builder to deliver 20+ New Locations in 2026
Russo Modular today announced a major partnership with Black Rock Coffee Bar to deliver an estimated 20-30 modular buildings throughout 2026. The collaboration, which began with several successful projects before Black Rock's recent public offering, represents the type of relationship that's transforming how we approach commercial construction. "Black Rock wanted … [More]
