Next Major Metro Phoenix Development Is Virgin Industrial Park

Boutique commercial real estate company IndiCap continues its formidable metro Phoenix industrial development push with the announcement of Virgin Industrial Park, which it will develop in partnership with Invesco. At build-out, the two-phase, 110-acre Class A development will total more than 1.5 million square feet in five buildings. It will also bring IndiCap’s local … [More]

Utah Construction Co. Opens Heavy Industrial Office in Tempe

Big-D Companies headquartered in Salt Lake City, Utah launches an industrial division in the Grand Canyon State. Already 14 offices in eight states, Big-D Industrial is the 15th office for the company and the second one in Tempe, Arizona. The new industrial office will focus heavily on building for the mining industry where opportunity is soaring. “As the transition to … [More]

Gilbert’s Dining Scene Welcomes Local Craft Cidery

Cider Corps is officially joining the Gilbert food and dining scene on Friday when it cuts the ribbon on its second taproom and new production facility. Gilbert Mayor Brigette Peterson will join Cider Corps co-owners and brothers Josh & Jason Duren on Friday, July 29 at 3:30 p.m. in welcoming the veteran-owned craft cidery to the town. Located at 685 S. Gilbert Rd., the … [More]

Phoenix-Based Universal Solar to Open Factory in Panama

Universal Solar is opening a solar photovoltaic (PV) module manufacturing facility in Panama to supply U.S. and global solar developers and installers, and address challenges in the solar industry, Chief Executive Officer and Founder John Bereckis announced today. "Modules made in the Americas will bypass many of the constraints afflicting the U.S. solar … [More]

Kierland ‘Mid-Rise-Spa-Centric’ Residences Begin Leasing

LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, announced the start of leasing at Residences Kierland, a mid-rise spa-centric community in Scottsdale's burgeoning Kierland neighborhood. The 290-home community includes a mix of apartment homes, penthouses and townhomes, and features a relaxing luxury … [More]

Corporate Interior Systems Acquires digg by The Berg Group

The Berg Group, a  based in the upper Midwest and Phoenix, has acquired digg (Design-Integrate-Go-Grow), the interior construction division of Corporate Interior Systems (CIS). "CIS is excited to announce this acquisition with a strategic alliance to transition future DIRTT opportunities and projects to The Berg Group from digg," stated Lisa Johnson, President … [More]

Pandemic Homebuying Hotspots with Steep Price Increases (Like Phoenix) Most Susceptible to Housing Downturn in a Recession

Popular migration destinations where home prices soared during the pandemic are most likely to see the effects of a housing downturn amplified and home prices decline year over year if the economy goes into a recession. This is according to a new report from Redfin, the technology-powered real estate brokerage, which also found that relatively affordable northern metros are … [More]

Phoenix Named 7th Best Place to Buy a Vacation Home for 2022

Vacasa, North America’s leading vacation rental management platform, released its fifth annual Top 25 Best Places to Buy a Vacation Home report. Each year, the company ranks its top 25 markets* to purchase a vacation home based on capitalization (cap) rate, or rate of return on your investment. The report ranking also factors key data points, including median home sale price … [More]

ACA Awards $1.6M to Arizona WearTech Applied Research Center

The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced that the Arizona Commerce Authority had awarded $1.6 million to support 8 new applied research projects through its WearTech Applied Research Center. State funding matches private and nonstate funds … [More]

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