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]
