Commercial Real Estate & Business News – March 7, 2025

The real estate market kicked off the new year with a complex landscape, revealing both challenges and opportunities across various sectors, according to a Colliers’ analysis of MSCI data. January’s data paints a picture of shifting dynamics, with some segments experiencing growth while…»

The Trump administration over the weekend further accelerated its pace of commercial real estate lease terminations for federal agencies, spreading the scrapped agreements to all 50 states. Since Friday, the Department of Government Efficiency has added more than 500 lease terminations to its total. That’s about one…»

The Phoenix market is one of the top 20 in the nation for planned office-to-apartment conversions. The metro region ranked No. 11 in the U.S. with 1,634 units in the pipeline as of 2025, a 19% increase year-over-year, according to RentCafe’s latest research. The total amount of conversions from all…»

On the heels of investing $748 million to double its north Phoenix campus and add 2,000 high-wage jobs, Mayo Clinic plans to invest another $1.9 billion and add 3,500 more jobs. “It’s going to be our largest investment ever here in Arizona,” said Dr. Richard Gray, CEO of Mayo Clinic Arizona. Plans call for adding…»

PHOENIX — Two massive investments are coming to Arizona, which has many local business leaders excited for an economic boom, massive construction projects and tens of thousands of new jobs.One of them is Danny Seiden, the president and CEO of the Arizona Chamber of Commerce. He said the Mayo Clinic…»