Aligned Data Centers moves ahead with two-building campus in Peoria

A huge new data center development is in the works in Peoria. Plano, Texas-based Aligned Data Centers is planning to construct a two-building campus totaling about 916,000 square-feet, according to planning documents filed with the city. The 95-acre project site is located at 75th Avenue and Butler Drive, within an industrial park that includes other notable warehousing and manufacturing tenants like Frito Lay and Trader Joe’s. It’s also within a zoning district that allows for data center…»

Phoenix industrial market ranks No. 7 in nation

On May 14, Marcus & Millichap published its 2026 U.S. Industrial Investment Midyear Outlook. The report details how the Phoenix market remains one of the highest-ranked industrial markets nationally in 2026 as the region’s business-friendly environment and strategic Southwest location continue attracting users across manufacturing, e-commerce and distribution operations. AZ Big Media sat down with Ryan Sarbinoff, senior managing director and market leader for Marcus &…»

What’s the new 15-story high-rise replacing a hotel in Tempe?

Location: Near the northeast corner of Apache Boulevard and Rural Road in north Tempe. Description: A 15-story mixed-use development called Rambler Tempe is nearing completion in north Tempe. It is one of many high-rise complexes popping up along the light rail track less than a half-mile away from Arizona State University. The 574,000-square-foot building will have 289 units, reserved for student housing. The breakdown of the units includes:…»

Southern California firm moves closer to luxury car storage club in Scottsdale

A Southern California-based company is a step closer to building a luxury car storage facility with a social club in Scottsdale. Finish Line Auto Club has plans for its newest country club-esque location at 17600 N. Perimeter Center Dr., where Fender Musical Instruments Corp. was previously headquartered. The firm acquired the 10 acres of land on May 20 for $20.7 million from an entity affiliated with Tryperion Holdings, a private equity and real estate investment firm based in Beverly…»

Lovett Industrial and Peakline Real Estate Funds Break Ground on 1.1M SF North Park Logistics Center in Metro Phoenix

GLENDALE, Ariz.–(BUSINESS WIRE)–Lovett Industrial, a Houston-based real estate investment firm, in partnership with Peakline Real Estate Funds (“PREF”), announced today the groundbreaking of North Park Logistics Center, a 1,140,584-square-foot Class A cross-dock facility being developed on approximately 55.68 acres in Glendale, Arizona. Located in Metro Phoenix’s Southwest Valley, North Park Logistics Center offers immediate access to Northern Parkway, Loop 303, and…»