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

Top 10 Markets for Multifamily Transactions in H1 2026

September 30, 2026

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