News
376-unit apartment complex proposed near IKEA in south Tempe
September 25, 2026
Emerald Center Mixed-Use could be constructed on a 12-acre vacant piece of land on the southwest corner of Ruby and Priest drives, if Council approves rezoning to make way for the multifamily development. Read More
Why rent concessions aren’t solving Phoenix vacancy
September 25, 2026
Phoenix multifamily operators have spent the last several years fighting the same problem: too much available inventory and not enough occupied units. Read More
Foreign Capital Shifts CRE Priorities
September 24, 2026
What’s notable is that international buyers are becoming more selective, increasingly targeting artificial intelligence-driven assets such as data centers, power infrastructure and technology platforms. Read More
Savills: U.S. Manufacturing Jobs, Investment Rebound Sharply
September 24, 2026
U.S. manufacturing job announcements and capital investment are rebounding sharply after months of plateauing earlier in 2026, Savills reported Tuesday. Read More
Troubled 2021 Apartment Loans Could Bring More Distressed Sales
September 24, 2026
The long-anticipated wave of commercial real estate distress has not arrived evenly across the market. But a subset of multifamily loans originated in 2021 is showing clear signs of strain, creating a potential opening for investors equipped to buy properties or debt at a discount. Read More
Trader Joe’s, Aldi have different ways to bring in traffic
September 24, 2026
A new report by Placer.ai shows how Trader Joe’s and Aldi, two grocers from similar backgrounds, differ when it comes to bringing traffic in. Read More
Here are the best cities for renters in Arizona
September 24, 2026
RentCafe’s annual Best Cities for Renters report analyzes 20 key metrics across 150 U.S. cities — from cost of living and job growth to walkability and community engagement — giving renters a data-backed resource for deciding where to move next. Read More
What Past Fed Hiking Cycles Signal for Yields, Recession Risk
September 23, 2026
The Federal Reserve’s quarter-point increase to a 3.75% to 4% target range began its first tightening campaign since July 2023, with policymakers signaling that at least one more increase may be needed before year-end. Read More
Bond yields surge above 5% as Wall Street fears more Fed rate hikes
September 23, 2026
All eyes were on the jolt higher in U.S. Treasury yields on Wednesday after economic data on the manufacturing front surprised to the upside, sending a shock through the world’s most important bond market. Read More
The office trends that are redefining the Phoenix market
September 23, 2026
Office buildings are a defining symbol of American life, serving as concrete representations of corporate culture and U.S. economic might. But when the pandemic upended the status quo, business leaders began to reconsider what the true purpose of their offices should be. Read More
Sprouts Anchors National Growth with New Headquarters and Flagship Store in Phoenix
September 23, 2026
The project totals approximately 186,000 SF at 20555 N. 55th St., near the Loop 101 and 56th Street. It includes an approximately 145,000 SF corporate headquarters, a 25,000 SF flagship Sprouts store, 11,000 SF of retail and restaurant space, and a three-level parking structure. Read More
Scottsdale ranks No. 7 among best U.S. cities for renters
September 23, 2026
RentCafe evaluated 150 cities with at least 10,000 apartment units using 20 key metrics across three categories: cost of living and housing (weighted 40%), local economy (weighted 35%) and quality of life (weighted 25%). Specific metrics include walkability, average apartment size and renter income growth. Read More
Commercial and Multifamily Lending Makes Strides in Q2
September 22, 2026
Commercial and multifamily mortgage loan originations were 16 percent higher in the second quarter of 2026 compared to a year earlier, and increased 12 percent from the first quarter of 2026, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. Read More
Industrial activity ramps up in Mesa; plus 6 other Valley real estate deals to know
September 22, 2026
Blue Owl Capital acquired an 881,513 square-foot distribution warehouse in Tolleson for $85,273,973 on September 15, according to real estate database Vizzda. Read More
Phoenix apartment demand surges as construction slows
September 22, 2026
After a surge of multifamily construction in the Valley coming out of the pandemic, demand remains strong as the backlog of new units are rented out. Cushman & Wakefield reports that during the first half of 2026, net absorption reached 12,741 units, calling it “the market’s strongest six-month span since at least 2000.” Read More
Long-vacant Glendale site eyed for 400-unit senior housing | Exclusive
September 22, 2026
A Valley developer is aiming to breathe new life into a project near Glendale’s entertainment district that has sat vacant and unfinished for nearly two decades. Read More
Retail sales make strong comeback in August
September 21, 2026
Total retail sales rose 1.2% in August to $773.9 billion, compared to a revised 0.5% drop in July, and were up 6% year over year, according to the Commerce Department. It was the largest monthly increase since March. Excluding gas stations, retail sales rose 1.1% in August. Read More
Mesa City Council Greenlights $3B Mixed-Use Project
September 21, 2026
The 197-acre mixed-use development, dubbed Legacy Park, is slated to include a 600-room luxury resort, thousands of apartment units, a 20-acre park and an underground pedestrian tunnel connecting it to the adjacent Arizona Athletic Grounds, 12 News reported. Read More
Phoenix office market shows resilience as employment grows
September 21, 2026
Phoenix is emerging as one of the more resilient major office markets in the West, with vacancy below the national average, nearly $1 billion in office sales so far this year and office-using employment posting its strongest annual growth since 2022. Read More
Sprouts Anchors National Growth with New Headquarters and Flagship Store in Phoenix
September 21, 2026
Wespac Construction has completed the new Sprouts Farmers Market support office and flagship store at CityNorth in Phoenix, delivering a long-term home for one of Arizona’s most recognized public companies and adding a new public destination to the fast-growing North Phoenix district. 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.