June 20, 2023

Sam Grooms wanted his firm, WhiteHaven, to find an office at The Grove. Unfortunately for the managing partner of the Valley private equity firm, space was in high demand and they ultimately struck out in landing a spot in one of the more recent top-flight office developments in the

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The largest gaming enterprise in the valley, Gila River Resorts & Casinos, will host grand opening celebrations on June 30 and July 1 in honor of its newest location, Santan Mountain Casino. Guests can expect elevated amenities, giveaways, Las Vegas-style showgirls, aerial drone

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PHOENIX — Chicken and pickleball lovers rejoice. A new restaurant, Chicken N Pickle, is coming to Glendale and will be located near State Farm Stadium in the Westgate Entertainment District. The location is scheduled to open July 18. It will feature an indoor and outdoor entertainment

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Builder confidence in the market for newly built single-family homes rose five points in June to 55, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released Monday. This marks the sixth straight month that builder confidence has

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Finding the right apartment in the right place is no easy task these days, regardless of where you drop the pin on the map.  But what are the best cities for renters in the U.S.? With the rental season in full swing, the RentCafe research team looked at 140 cities to show which offer the best

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June 19, 2023

Republic Services, Inc., a leader in the environmental services industry, has committed to relocating its corporate headquarters to a new, customized build at CityNorth, in the Desert Ridge area of Phoenix. This location is just minutes from the company’s current

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The Elliot Road Technology Corridor inside the Loop 202 freeway is mostly former dairy and alfalfa farm land. Motorists driving this stretch of Elliot Road get a more rustic feel than the portion of Elliot north of Eastmark and east of the 202. But with a flurry of activity this

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Chicago-based The X Co. is quietly prepping a small vacant parcel in downtown Phoenix to build a 19-story residential tower.The developer of the 100% leased X Phoenix a few blocks away at Van Buren Street and 2nd Avenue is planning to break ground in the next few

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Arizona placed 10 companies on this year’s Fortune 500 list, which measures corporate revenue leaders from around the nation. Phoenix-based Avnet Inc., a distributor of electronic parts, led the Arizona contingent with 2022 sales of $24.3 billion, edging out copper-mining giant

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Phoenix ranked 13th among the best U.S. cities for the gig economy and landed 3rd-best among the Western U.S. locations, according to the newest study published by CommercialSearch ranking the best U.S. metros for the gig economy. The Arizona metro got

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June 16, 2023

No need to second guess the twists and turns of the upcoming rental season. The Rental Activity Report is a comprehensive top of the 150 U.S. largest cities ranked based on the behavior of renters’ themselves. The millions of interactions on RentCafe.com do

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Developers who already own more than 7,000 acres between Maricopa and Casa Grande have just purchased another 1,773 acres with plans to develop a master-planned community on much of the former John Wayne Red River Ranch. But this won’t be like any other

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The Di Bella Family wants to put single-family homes, two apartment complexes totaling 628 units and commercial development on roughly 75 acres at the northwest corner of Power and Williams Field roads. The land is in Maricopa County’s jurisdiction but the

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What will the housing market look like toward the end of 2023? As the housing market continues to evolve, we sought insights from real estate experts, including co-founders, CEOs, and brokers, on what to expect toward the end of 2023. In this article, we share five key

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Phoenix will work on new water rules for future development in the city after council members unanimously approved a plan Tuesday. The Sustainable Desert City Development Policy-Water (Resolution 22129) Request City Council approval of a resolution to

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June 15, 2023

After its sharpest flurry of interest rate hikes in four decades, the Federal Reserve held its key rate steady Wednesday but signaled two more increases are likely this year as officials continue to battle high inflation. That’s more projected hikes than financial markets

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Over the past few years, industrial markets have grown dramatically. Several markets like Phoenix have emerged as growth markets for manufacturing leasing activity, and they are becoming strategically important for operations, as well as attractive opportunities

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Occupancy in smaller office buildings in the Phoenix area is at its tightest level in more than two decades, continuing the rare trend of occupancy rates in smaller office buildings running counter to larger ones as corporate downsizing since the onset of the pandemic

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A California-based developer is looking to build 1,500 apartment units and more than 20,000 square feet of retail on a 15-acre site in midtown Phoenix. Earlier this month, Petree Properties met with the Encanto Village Planning Committee to propose a multi-phase mixed-use

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Banyan on Washington offers a selection of one-, two-, and three-bedroom floorplans at 5353 E. Washington St. The Mark-Taylor Residential project sits along the light rail line and is just blocks from the Loop 202 Red Mountain Freeway, providing easy access to

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June 14, 2023

The city of Mesa approved zoning on the data center campus in 2019. It’s taken this long for the company to start coming forward with building design plans. The project — called “Redhawk” — is planned on more than 185 acres near the northwest corner of Sossaman

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Silver Creek Development, a private real estate development and investment group, has commenced construction on an eight-building, 330,000-square-foot industrial complex in Mesa. Sossaman Business Campus will be built on a 26-acre site at the intersection of

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A Taiwan-based semiconductor component manufacturer is expanding to the U.S. and opening a new headquarters in Phoenix. Highlight Tech Corp., which makes specialty process components and vacuum systems for high-volume semiconductor manufacturing, is planning

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Though office sales in the Phoenix market have slowed considerably, one segment has remained relatively resilient: medical office buildings. Medical office buildings, or MOBs, are purpose-built commercial buildings specifically developed for healthcare providers

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A California-based developer is looking to build 1,500 apartment units and more than 20,000 square feet of retail on a 15-acre site in midtown Phoenix. Earlier this month, Petree Properties met with the Encanto Village Planning Committee to propose a multi-phase mixed-use

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