News

US consumer spending hits fastest pace in more than a year
October 1, 2026
Americans spent at the fastest pace in over a year in August, helping fuel economic growth amid persistent inflation. Inflation-adjusted personal spending rose 0.6% in August from a month earlier, according to Read More

What’s that large complex being built in Surprise near Loop 303?
October 1, 2026
Developer NextGen Apartments is planning Prasada Apartments, just west of the freeway. On the other side of the Loop 303 is a growing retail destination within the city, including an American Read More

Exclusive: Phoenix Industrial Asset Lands $68M
October 1, 2026
Logistics Property Co. has obtained a $68.3 million refinancing loan for Palm Gateway Logistics Center, a 614,544-square-foot industrial park in Mesa, Ariz., according Read More

Taylor Morrison snags 406 lots near TSMC’s $265B Phoenix development
October 1, 2026
Scottsdale-based Taylor Morrison Home Corp. just purchased 406 lots near Taiwan Semiconductor Manufacturing Co.'s $265 billion development in north Read More

Here’s how Phoenix buildings will evolve over the next decade
October 1, 2026
Phoenix’s architectural landscape is transforming. For decades, we’ve seen business developments, lifestyle hubs and communities sprout up across the Read More

Apartment Market Shows Clearest Signs Yet of a Rebound
September 30, 2026
The U.S. apartment market is showing stronger signs of stabilization as rent declines moderate and vacancies retreat from record highs, according to the latest data from Apartment List. Read More

7 Brew wins approval to buy 36 Arizona Salad and Go locations
September 30, 2026
A federal bankruptcy judge approved the $123.5 million sale of 63 Salad and Go restaurant leases to Brew Culture LLC, the parent company of the 7 Brew drive-thru coffee chain. Fittingly, the sale approval Read More

Dutch Bros takes another run at shuttered Salad and Go sites
September 30, 2026
Dutch Bros is again aiming to buy a handful of shuttered Salad and Go sites after being outbid by Arkansas-based 7 Brew for dozens of locations formerly operated by the closed salad drive-through. Read More

Massive Industrial Proposal Could Reshape More Than 5,000 Acres West of Phoenix
September 29, 2026

Phoenix Industrial Vacancy Falls for 5th Straight Quarter
September 29, 2026
The Phoenix industrial sector is strengthening as it continues to rank among the best cities within the asset class in the country, according to a market report from Colliers. For one, vacancy has Read More

Developer pays $67 million for north Phoenix auto mall near TSMC
September 29, 2026
A Valley developer bought 130 acres near Taiwan Semiconductor Manufacturing Co.’s north Phoenix campus to build an auto mall. De Rito Partners, a developer headquartered in the Salt River Pima- Read More

Bankruptcy plan could send incomplete Ritz-Carlton hotel to auction
September 29, 2026
A $2 billion, 122-acre luxury master-planned community in Paradise Valley is nearing an inflection point nearly a year after project developers filed for Chapter 11 bankruptcy protection in November 2025. Read More

The Lakefront at Scottsdale breaks ground
September 29, 2026
Diversified Partners, a leading Scottsdale-based real estate brokerage and development firm, officially broke ground on The Lakefront at Scottsdale, marking the next phase of the approximately Read More

NMHC Survey: Multifamily Developers See Better Days Ahead
September 28, 2026
Increasing construction costs, economic uncertainty, and low rent growth continue to hamper multifamily developers and builders. However, they remain optimistic about overall construction conditions as Read More

2026 Retail Net Lease Sales Volume and Cap Rates
September 28, 2026
The single-tenant retail sector posted $2.7 billion in first-quarter sales volume, down 33.9 percent from the prior quarter and 22.4 percent compared to the same period last year. Cap rates recorded slight Read More

Buckeye P&Z Recommends 2,771-Acre Master Plan
September 28, 2026
The Buckeye Planning and Zoning Commission unanimously recommended approval of a master plan amendment and a rezoning request from Mattamy Homes that will enable development of a 2,771- Read More

Banner Extends Healthcare Access Along Growing I-17 Corridor
September 28, 2026
Banner Health opened a new Banner Urgent Care clinic in north Phoenix, adding essential, accessible health care services for the community. The new clinic, located just east of Interstate 17 at 2525 West Read More

Why the Northern Arizona economy is gaining altitude
September 28, 2026
Northern Arizona — a region that prides itself on its abundant natural beauty — is moving away from being solely defined as a tourist destination thanks to the emergence of new industries and a concerted effort to Read More

2nd Garden Communities Complex Coming to Desert Ridge
September 25, 2026
Having paid $44.1M for approximately 41 acres near Desert Ridge Marketplace in a 2022 Arizona State Land Department auction and begun one planned multifamily community on the land, Garden Communities may now be turning its attention to building a second development. 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.



















