News

Light at the End of the Tunnel: Ground-Up Retail Development Finally Is Getting Underway
October 19, 2026
For the first time in 20 years, retail construction is trending up, according to JLL. This modest acceleration signals the start of a cycle that some industry players say will continue for the foreseeable Read More

Retail Activity in Western States Focused on High-Growth Submarkets
October 19, 2026
Western U.S. retail markets continue to witness flourishing leasing and investment activity. As in other parts of the country, the primary challenge for retailers and investors alike is finding supply to meet the Read More

Investors Are Hungry for Retail Deals, But Not Enough Assets Are for Sale to Satisfy Appetite
October 19, 2026
A lack of quality inventory is one of the prominent factors shaping the retail investment sales landscape. Simply put, there is more capital seeking retail opportunities than there are assets Read More

Slower Job Growth Shifts CRE Demand and Investment Strategies
October 19, 2026
The U.S. economy may need to add fewer than 50,000 jobs per month to keep unemployment stable, according to a recent Marcus & Millichap report. The number represents a shift from the 100,000 Read More

Higher mortgage rates could strengthen Arizona apartment market
October 19, 2026
As elevated mortgage rates continue to make homeownership more expensive, Arizona’s multifamily housing market could benefit from renters staying in apartments longer and a slowdown in new residential Read More

What is that 19-acre development in west Tempe off SR 143?
October 16, 2026
Location: Northeast corner of South 52nd Street and West University Drive in west Tempe. Description: A 19-acre development is under construction in a largely industrial area of west Tempe, just Read More

Grand Canyon University Secures Court Approval for Law School Targeting 2027 Opening
October 16, 2026
Grand Canyon University has received unanimous approval from the Arizona Supreme Court for its new College of Law, marking a historic milestone in Arizona legal education and establishing a pathway Read More

Phoenix Apartment Concessions Are Luring Students Away From Campus Housing
October 16, 2026
In a crowded multifamily market, on- and off-campus university housing in Phoenix is competing with a surplus of market-rate apartment offerings that lure students with discounts and concessions. Multifamily Read More

It’s true: Salad and Go is coming back to Arizona
October 16, 2026
Salad and Go isn’t gone after all. Two months after the Gilbert-born drive-thru chain filed for bankruptcy and closed every store overnight, a new ownership group is bringing the brand back to Read More

CREDA Arizona special section spotlights things to know in CRE
October 16, 2026
The CREDA Arizona supplement in AZRE spotlights the people, projects, trends and public-policy issues shaping Arizona’s commercial real estate industry. Featuring insights from leading developers and Read More

Apartment Rents Forecast to Rise Across All 50 Major Markets
October 15, 2026
Apartment rents are expected to rise in all 50 major markets RealPage tracks over the coming year, even as a weakening job market tests demand and another 320,000 units enter the market. For investors, the Read More

Trammell Crow Residential eyes Kierland office conversion as Florida-based owner exits project
October 15, 2026
A multifamily developer wants to take over a proposed office-to-apartment conversion project near Kierland, according to planning documents submitted to the city of Phoenix. Trammell Crow Residential filed Read More

Downtown Chandler to get its tallest building at long-vacant lot
October 15, 2026
After nearly 10 years of delays, Chandler's last vacant corner in the heart of downtown will be transformed into a two-tower apartment complex that includes what could be downtown's tallest building. The Read More

Office leasing sees selective recovery
October 15, 2026
Office leasing has bounced back substantially over the past year, but structural demand and supply issues are weighing on deal sizes, making it difficult for volume to fully recover its customary Read More

Phoenix office market shows uneven recovery signs, report shows
October 15, 2026
Marcus & Millichap has published its Q4 2026 Phoenix Metro Area Office report, which shows the Phoenix office recovery is contained to select submarkets and property segments. “Phoenix is not Read More

Four Seasons Resort Scottsdale will sell for $372 million
October 14, 2026
Scottsdale’s luxury hospitality market is seeing another major transaction as the Four Seasons Resort Scottsdale at Troon North is under contract to sell for $372 million, following the recent sale of the Read More

Historic downtown Phoenix offices to become hotels
October 14, 2026
A century-old downtown Phoenix office building will get a new life as a hotel, after it was purchased by a hospitality developer. Aperture Hotels bought the Ellis Building, a six-story office building at Read More

3 Major Hotel Projects Advancing in Phoenix
October 14, 2026
Maintaining its status as one of the top hospitality development markets in the country, three major hotel projects have recently come to light or made progress in the Phoenix area. A July report Read More

Pickleball Chain Files Chapter 11 following Rapid Expansion into Arizona
October 14, 2026
The Picklr announced it has filed for a court-supervised restructuring under Chapter 11 to strengthen its financial foundation. In an October 10 statement, the indoor pickleball franchisor said its clubs Read More

Affordable housing developer scoops up land near Phoenix for build-to-rent project
October 14, 2026
Developer Dominium is planning a build-to-rent project in Avondale, Arizona, as it works to keep up with growth across greater Phoenix. The affordable housing developer, with headquarters in Read More
Phoenix Multifamily Builds Momentum Heading Into Q4
Phoenix multifamily is showing renewed momentum as absorption outpaces new deliveries, occupancy improves and investment activity picks up. Nearly a dozen recent closings by ORION Investment Real Estate agents offer a transaction-level look at a market moving toward a more balanced 2027.
ICSC@WESTERN Highlights What’s Driving Retail Growth
The Schillne Retail Team returned from ICSC@WESTERN with a clear view of where retail is headed: expansion remains active, quality locations are increasingly competitive and Phoenix continues to attract attention from national and regional retailers.
CRE Financing Shifts Toward Smarter, More Flexible Structures
Capital remains available, but today’s CRE financing market demands more than simply finding the lowest rate. RJ Opeka of ORION Commercial Capital explains why borrowers are comparing lenders, structures and terms earlier in the deal process to find financing that fits each transaction.
ORION Brings CRE Leaders Together to Discuss Phoenix Growth
Greater Phoenix is building a broader economic foundation as advanced manufacturing, technology and other major industries bring new jobs and investment to the region. At ORION’s Gainey Ranch event, GPEC’s Thomas Maynard explored the forces shaping the Valley’s continued evolution.
What’s Driving the Next Wave of Investment in Gilbert?
Gilbert is moving beyond its reputation as a fast-growing suburb. Healthcare expansion, employment growth and institutional investment are creating a deeper commercial real estate market—and positioning the town for its next phase of development.
Why Private Investors Are Turning to Net-Lease Real Estate
Private investors and 1031 exchange buyers are increasingly turning to single-tenant net-lease properties for predictable income, long-term leases and reduced management responsibilities.
Family Entertainment’s Shift From Space Filler to Retail Anchor
Once viewed as temporary space fillers, family entertainment centers are becoming legitimate retail anchors and powerful traffic drivers. The $19.5 million sale of Mesa Commons shows how the category has evolved—and how investors are changing the way they evaluate entertainment-anchored retail.
Marquis Who’s Who Honors Jay Krew for Expertise in Commercial Real Estate Services
Jay Krew has been selected for inclusion in Marquis Who’s Who. As in all Marquis Who’s Who biographical volumes, individuals profiled are selected on the basis of current reference value.
ORION Investment Real Estate Brokers Sale of 10-Unit MultiFamily Property in Central Phoenix for $1.35
ORION INVESTMENT REAL ESTATE is pleased to announce the successful sale of a fully stabilized 10-unit multifamily property located at 2203 E McKinley Street in Phoenix, which closed for $1,350,000.
ORION Handles All-Cash, 10-Day Deal in $4.8 Million Industrial Sale to City of Phoenix
ORION INVESTMENT REAL ESTATE is proud to announce the successful sale of a 20,150-square-foot industrial facility located at 211 S 28th Street in Phoenix, which closed at $4,800,000.
The Top 50 Women Leaders of Arizona for 2025
These awardees reflect the depth and diversity of leadership shaping the state’s key sectors—from advanced manufacturing and aerospace to biosciences, clean energy, and higher education.
Mother’s Day Spotlight: The Schillne Retail Team
This Mother’s Day, ORION celebrates one of its most dynamic family teams: The Schillne Retail Team — a powerhouse trio made up of Carol Schillne and her two sons, Cole and Matt.
Mother’s Day Spotlight: Mary Nollenberger & Nicole Ridberg
This mother-daughter duo prides itself on building trustworthy, long-term relationships with clients by providing exceptional customer service.
100 best places to work and live in Arizona for 2025
Based on the millions of votes cast for the 2025 edition of Ranking Arizona, the 100 Best Places to Live and Work in Arizona for 2025 earned the most votes from their employees, customers, competitors and community members.
ORION Investment Arranges Acquisition of Multi-Tenant Retail Pad in Surprise, Arizona
ORION Investment Real Estate has brokered the purchase of a multi-tenant retail pad building at the southeast corner of Litchfield and Waddell roads in Surprise
ORION Investment Arranges $4.6 Million Sale of Retail Center in Chandler, Arizona
Max Taylor & Co. LLC sold the asset to The Yerahmiel Rocky Rotshein Property Trust. The property was fully leased at the time of sale. Nick Miner of ORION represented the seller in the transaction. Simon Asef of DMC Real Estate represented the buyer.
My View: Why Arizona Politicians Need to Step up to Fix Housing Affordability
Lining most of the cross-streets in the area are countless tents housing individuals and families alike, serving as their primary shelter in the winter or our sweltering summer.
ORION Adds Real Estate Dynamic Partners to Roster
ORION Investment Real Estate (ORION) welcomes Garrett Hemeyer and Colt Siler as Senior Associates to its growing roster.
ORION Investment Arranges $24M Sale of Montana on Butler Apartment Community in Phoenix
Orion Investment Real Estate has brokered the sale of Montana on Butler, a multifamily property located on Butler Drive in Phoenix.



















