Commercial Real Estate & Business News – September 25, 2024

Construction has been muted in the Phoenix retail market for over a decade, as developers have shifted their focus to other property types in the wake of the Great Recession. Just 6.6 million square feet of gross new retail space has been completed since the end of 2020, a steep pullback from…»

Aerial view of the Taiwan Semiconductor Manufacturing Company under construction in north Phoenix on Aug. 25, 2024…»

PHOENIX — Another company has joined the list of homebuilders working to create the sprawling Teravalis master-planned community in Buckeye. New Home Co. became the sixth company building houses in Floreo, which will be Teravalis’ first village, developer Howard Hughes Holdings Inc. announced…»

With the onset of Covid, along with advancements in technology that have made it easier to connect from anywhere, the landscape of work has changed significantly during the last years. While previously real estate companies might have expected staff members to come to the office every…»

For decades, Phoenix has been the poster child of housing growth in Arizona. Now it’s the suburbs and exurbs’ time to shine as people increasingly turn to less dense, more affordable communities. But what are the fastest-growing housing…»