Commercial Real Estate & Business News 5-22-2025

A Chandler property just became one of the largest luxury apartment sales of the year. The 392-unit Zaterra luxury apartments was purchased last week in an all-cash, $137.5 million transaction, according to Tempe-based real estate database Vizzda LLC. It marks the second significant sale of luxury apartments this month, following the $97.5 million sale of…»

Less than 18 months after EdgeCore Digital Infrastructure received approval for a site plan modification from the city of Mesa for its data center expansion, the Denver-based developer acquired nearly 44 acres in the Valley city. EdgeCore purchased the 43.87 acres, paving the way for its 2.1 million-square-foot campus expansion at the southwest corner of Elliot Road…»

Portfolio investment success often hinges on small differences—fractions that can make or break performance. Gaining an edge is always a matter of percentages, but fractions play another crucial role in financial outcomes. The so-called denominator effect occurs when changes in the value of a portfolio’s components alter the percentage each…»

American consumers are hunkering down, a slew of data releases showed last week. Consumers spent March loading up on the big-ticket imported items most at risk of facing price spikes due to higher tariffs in the on-again, off-again trade war with China. For the rest of the first four months of the year, though, they were busy paying down credit card…»

Here are the Top 10 commercial real estate developers in Arizona, based on public voting for the 2025 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona is based purely on opinion and ranks companies based on how voters answer this simple question: with whom would you recommend doing business…»