Commercial Real Estate & Business News – March 5, 2025

All eyes are on Arizona following Taiwan Semiconductor Manufacturing Co.’s groundbreaking multibillion-dollar announcement on Monday. The semiconductor manufacturer unveiled plans on March 3 to build three additional fabs, two advanced packaging centers and…»

New commercial real estate development significantly contributes to the U.S. economy, creating jobs, generating earnings, and boosting national and state economies, according to the Economic Impacts of Commercial Real Estate research study conducted…»

Grocery-anchored retail shows promise in 2025, but success demands more than expansion, according to a report from JLL. Despite economic challenges, grocers must innovate to meet evolving consumer needs. Foot traffic in grocery stores has rebounded…»

Office-to-apartment conversions are at a new all-time high, with the pipeline reaching 70,700 units as of 2025. More than two-thirds (68%) of all future apartments retrofitted from offices are located in 20 metros and Phoenix is one of them, ranking as the…»

Taiwan Semiconductor Manufacturing, which has started producing the most advanced chips on U.S. soil in Phoenix, will expand its Arizona investment with a fresh $100 billion commitment here. The landmark development, announced by President Donald Trump on March 3 in the…»