Amkor Technology, Inc. announced a $1.5 billion multi-year strategic partnership with NVIDIA to develop advanced semiconductor packaging and test technologies for next-generation AI and accelerated computing platforms. Under the agreement, NVIDIA will provide a prepayment to support the expansion of Amkor’s U.S. advanced packaging capacity. Advanced packaging enables the … [More]
Tempe Marketplace Adds Five New National Retailers
Tempe Marketplace, the Valley’s premier open-air shopping, dining, and entertainment destination, is welcoming a new wave of upscale retail tenants led by first-to-market outdoor and performance brands Carhartt and KUIU, which have selected the property for their first Phoenix-area locations. The lineup also includes Tommy Hilfiger, Coach, and Glo Tanning, further reinforcing … [More]
$44.5M Land Deal Paves Way for 308 Verrado Homes
Tri Pointe Homes announced the acquisition of approximately 99 acres within Verrado Highlands, the newest community within the award-winning Verrado planned community located in Buckeye, Arizona. Capitalized in partnership with Kennedy Lewis Investment Management and purchased from DMB White Tank, LLC for approximately $44.5 million, the acquisition is expected to bring 308 … [More]
Arizona Fitness Expansion Continues with New Mesa Club
Amped Fitness announced that their newest location, Amped Fitness Mesa, will officially open its doors on Monday, July 27, bringing the brand’s immersive Amped Universe experience to the Mesa community. The opening represents the continued growth of Amped Fitness’ footprint in Arizona, with the brand’s Glendale location opening earlier this year and further expansion planned … [More]
TSMC Supplier Leases 151,000-Square-Foot Phoenix Facility
Marketech International Corporation, a leading Taiwanese technology service provider, has finalized a lease for a 151,451-square-foot warehouse facility at 950 West Rose Garden Lane in Phoenix’s Deer Valley submarket. Kidder Mathews Executive Vice Presidents Mike Ciosek and Eric Bell represented MIC in the transaction. MIC is a key contractor supporting Taiwan Semiconductor … [More]
PRESS Coffee Opens Café at Sprouts’ New Corporate Headquarters
Locally owned PRESS Coffee will open its City North location inside Sprouts Farmers Market’s new corporate headquarters at 20700 N. 56th St. in North Phoenix in August. The new café further expands PRESS and Sprouts’ partnership, which already includes seven PRESS cafés inside Sprouts stores across the Valley. The City North location will mark PRESS’ 20th opening. “Sprouts has … [More]
Arizona’s $109-Billion-Year: A Record-Setting FY2026
Fiscal Year 2026 (FY26) marked the most successful year for economic development in Arizona’s history. During the 12‑month period ending June 30, 2026, the Arizona Commerce Authority and local economic development partners worked with companies that committed to creating 26,225 projected new Arizona jobs and investing more than $109 billion into communities statewide — both … [More]
TSMC Growth Fuels Planned 248-Unit Apartment Community
Crescent Communities, a nationally recognized real estate investor, developer, and operator of mixed-use communities, announced the land close for NOVEL Norterra, a new four-story multifamily community planned in northern Phoenix, Arizona. Situated on an 8.5-acre site just east of I-17, within the Norterra neighborhood, the development will include 248 for-rent residences in a … [More]
Mountainside FItness to Anchor FIVE NORTH Development
Phoenix-based retail brokerage specialist Western Retail Advisors has completed the sale of 4.1 acres within FIVE NORTH at VISTANCIA from Vistancia Development LLC to Mountainside Fitness, bringing a major fitness operator to the award-winning, 7,100-acre Vistancia master-planned community in North Peoria, Arizona. Totaling $3,013,808, the sale represents the first milestone … [More]
Goodyear Industrial Business Park Nears 690,000 SF with Expansion
A venture between Formation Interests and an affiliate of Crescent Real Estate LLC has broken ground on Phase II of Formation Park 10, a 261,168 square foot industrial development in Goodyear, Arizona. The three-building expansion follows the successful completion of Phase I and will bring Formation Park 10 to nearly 689,000 square feet of industrial space across five buildings … [More]
