Commercial Real Estate & Business News – April 22, 2025

Big-name commercial retailers are landing across the East Valley, with some set to start construction in 2025. Developers are eyeing far east Mesa as the next place for major development, including one of its largest commercial projects set to open in 2026. Tempe Marketplace will soon have a new anchor store open at…»

The U.S. multifamily market in early 2025 is defined by a return to stability and cautious optimism, as the sector transitions from the turbulence of pandemic-era supply surges toward a more balanced and sustainable footing, according to a new report by CBRE. This search for equilibrium is evident across key market…»

Blackstone’s recent earnings call raises questions about how tariff implementations have affected commercial real estate investment. In short, the giant asset manager says the waterfall of causes and effects is slowing down what was starting to build into a recovery. Blackstone had been looking more positively…»

Taiwan Semiconductor Manufacturing Co. plans to break ground this year on a third semiconductor fabrication facility in Phoenix as the firm rushes to meet chip demand tied to artificial intelligence. The company recently finished construction of its second factory, or “fab,” as it ramps up production to support...»

Denver-based Canopy Real Estate Partners has made its Phoenix debut with the purchase of a distressed multifamily property in Surprise. More purchases could be on the horizon. The private equity firm paid $8.8 million in cash to an entity tracing to Next Generation Capital LLC for the newly built ParkView Townhomes…»