Commercial Real Estate & Business News – April 1, 2025

There’s more evidence that CRE markets are regaining stability, according to Crexi’s National Commercial Real Estate Report. If that continues, strategic planning for owners, investors, and developers will become easier and more reliable. Asking prices are settling down, either staying flat or gaining or losing only a little between January and February…»

Phoenix’s population growth accelerated last year, according to recently released data from the U.S. Census Bureau. Between July 1, 2023, and July 1, 2024, the Phoenix metropolitan statistical area’s (MSA) total population increased by 84,900 people, the sixth-largest absolute increase in the nation. This was an improvement compared to the prior…»

Density is the magic word for a growing number of homebuilders who are scouring metro Phoenix for small parcels of land on which to build boutique communities. For example, Encanto Living and Tidestone Partners just opened Encanto at Bell Park, an infill community of 35 homes on 2.5 acres of land at 12th Street and Bell Road in Phoenix. With floor…»

In 2025, industrial development is expected to continue decelerating, in response to the rapid expansion seen early in the decade. But the good news for Valley residents is that the Phoenix industrial pipeline ranks No. 3 among the largest in the U.S. CommercialSearch’s newest report highlights the markets with the newest industrial supply underway…»

Tri-City Cardiology has begun construction on a 100,000-square-foot medical office park in the fast-growing San Tan Valley and is looking to turn the vacant lot into a premier medical campus. Terraza Medical Village, the name of the yet-to-be-built San Tan Valley medical campus, sits on a 12-acre parcel, and the future development is intended to be a…»