Commercial Real Estate & Business News – April 21, 2023

Mixed-Use Project Near Scottsdale Fashion Square ‘Months Out’ From Construction

The developer has laid the groundwork for a big project in a prominent area of Scottsdale, but vertical construction is still a few months away. Hazel & Azure, a development that would bring more than…»

LogistiCenter at Copperwing — at 10 Million SF — Breaks Ground in El Mirage

Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, broke ground on LogistiCenter at Copperwing, Wednesday, April 19, 2023, commencing…»

“Co-Warehousing” Could Help Small Businesses Compete With Amazon

Forget co-working. Metro Phoenix is getting a co-warehousing facility, and it could be a game-changer for local businesses. Driving the news: Logistics company Saltbox opened a facility near Elliot and Kyrene roads in Tempe this month that…»

New Las Vegas Private Equity Firm Set to Develop 1,000 Rental Units in Arizona

Valtus Capital Group, a Las Vegas investment banking firm, has created a real estate private equity group to build rental units across the Southwestern United States. Plans call for starting in Arizona, where the company intends to build more than…»

Arizona Set to Lead Nation in Clean Energy Jobs

Clean energy investments and incentives – passed thanks to President Biden and Congressional Democrats – have turbocharged our clean energy economy in Arizona. Since becoming law on August 16th, clean energy companies have…»