News

First Look: Midtown Phoenix’s newest restaurant mixes BBQ and seafood

October 7, 2026

Chris Collins, the chef and founder of Common Ground Culinary, said that while his new concept — Cowboy Seafood — makes so much sense to him, other people have to see it to understand. While Phoenix Read More

Yardi Sees Apartment Values Under Pressure Through 2027

October 7, 2026

Yardi Matrix expects apartment rents to hold up with only a limited drop-off in the final quarter of 2026, setting the stage for a gradual national recovery. But improving rents may not be enough to lift property Read More

Here’s how Phoenix buildings will evolve over the next decade

October 7, 2026

Phoenix’s architectural landscape is transforming. For decades, we’ve seen business developments, lifestyle hubs and communities sprout up across the desert. But as we look toward 2035, the question Read More

Higher Rates Force CRE Buyers to Revisit Deals as Loan Maturities Loom

October 7, 2026

Rising interest rates are forcing commercial real estate buyers to revisit deals priced months ago, but the pressure could also create openings for investors ready to act. As higher borrowing costs squeeze returns Read More

Phoenix commercial real estate market sees drop in both leasing activity and vacancy rate

October 7, 2026

The Phoenix commercial real estate market saw a year-over-year decrease in leasing activity in the third quarter of 2026 and is down to 1.29 million square feet. The sales volume in the quarter was $470,000, and Read More

Phoenix industrial market gains momentum as vacancy declines

October 6, 2026

The Phoenix industrial real estate market continued to expand in the third quarter of 2026, fueled by strong tenant demand, significant leasing activity and continued investment in logistics and advanced Read More

New rental community near TSMC gets $65.5M loan refinance

October 6, 2026

Varde Partners has closed on a $65.5 million loan to refinance a newly completed build-to-rent community. Scottsdale-based Empire Group received the financing for its 240-unit Village at Sonoran Vista. Arranged Read More

True Food Kitchen closes 12 restaurants, seeks buyer

October 6, 2026

True Food Kitchen said it has filed for bankruptcy protection, already closed a dozen restaurants and is seeking a buyer or partner for the health-conscious chain.
The Scottsdale, Arizona-based company, Read More

Multifamily Delinquencies Remain Elevated as Agency Lending Expands

October 6, 2026

Freddie Mac's serious delinquency rate reached 0.64% in August, a level the Mises Institute describes as its highest in more than two decades—a warning for investors already contending with weak rent growth, Read More

Mesa landfill seeks rezoning for four digital billboards and outdoor storage; plus more industrial news

October 6, 2026

A longtime landfill on the edge of Mesa and unincorporated land in Maricopa County is looking to rezone more than 180 acres to allow for four digital billboards and outdoor storage. Johnson Stewart Materials LLC is Read More

Fairmont Scottsdale Princess sold to San Manuel Investment Authority

October 5, 2026

San Manuel Investment Authority (SMIA), an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation (Nation), through its affiliated entities, announced today its Read More

5 biggest commercial real estate deals in Metro Phoenix from September

October 5, 2026

Here are the five biggest commercial real estate deals in Metro Phoenix from September of 2026, according to data collected by the commercial real estate tracking website Vizzda and AZRE Read More

Downtown Phoenix office tower sells to California buyer in all-cash deal

October 5, 2026

A 20-story downtown Phoenix office tower traded hands on Oct. 2. One North Central, which totals 429,120 square feet and sits at the southeast corner of Central Avenue and Adams Street, sold to California-based AXS Read More

Global logistics firm signs large industrial lease in Goodyear, Arizona

October 5, 2026

DSV, a Danish transport and logistics company offering global services by road, air, sea and train, has signed a new lease for 251,216 square feet of industrial space at Litchfield Palms Logistics Park in Read More

Multifamily Rent Growth Shows Early Signs Of Stabilizing

October 5, 2026

The apartment market entered the fall leasing season with a modest national rent decline, but the underlying data point to a market that may be gaining firmer footing after a prolonged period of heavy new Read More

This Arizona city named one the nation’s top ‘boomtowns.’ Here’s why

October 2, 2026

Phoenix was named one of the nation's top boomtowns in a recent ranking by LendingTree. The study analyzed the 50 largest metropolitan areas in the U.S. across three categories: people and Read More

Rent Growth Could Break the Multifamily Bid-Ask Stalemate

October 2, 2026

One Camelback Is Officially Open & Ready For Its Close Up

October 2, 2026

For years, One Camelback has stood at the center of one of Phoenix’s busiest intersections, its glass facade and dramatic silhouette impossible to miss. But while the tower had all the makings of an Uptown Read More

Retail Investors Seek Safety and Upside Amid Market Uncertainty

October 2, 2026

Economic uncertainty drove many investors toward retail properties offering potential stability, according to Marcus & Millichap.
The company’s recently released third-quarter national retail report found that Read More

Retailers Look Beyond Rooftops To Gauge New Market Demand

October 2, 2026

The Short Version: Retailers are looking beyond population growth when evaluating new markets, weighing factors including household incomes, wage growth, job creation, demographics, housing trends Read More