Commercial Real Estate & Business News – December 12, 2024

Gilbert is making waves as one of the fastest-growing cities in the Phoenix metro area, attracting families and young professionals alike. With housing demand surging, Gilbert has made significant strides in expanding its inventory—but challenges like affordability and the…»

As 2024 nears its close, local experts from some of the Valley’s top apartment property management companies sat down with CoStar Market Analytics to provide their expectations for the new year. The Phoenix multifamily market is navigating a historic period of flux, highlighted by…»

Realtor.com expects a gradual improvement in housing market dynamics in 2025, which will be impacted more by broader economic factors than the change of administration. Among its predictions for the coming year are home sales prices growing by 3.7%, mortgage rates…»

Mesa’s Fiesta Mall is slated to be the next Valley mall to be renovated into a mixed-use development after getting approval Dec. 9 from Mesa City Council. The zoning changes will allow the 80-acre site located on the southwest corner of Southern Avenue and Alma School Road to be…»

The city of Phoenix has proposed a development agreement for the $7 billion Halo Vista development around the Taiwan Semiconductor Manufacturing Co. project. The economic development and housing subcommittee at its Dec. 11 meeting recommended unanimous approval for…»