Daily News: 7-2-26
Safeway, retail and restaurants part of $45 million Buckeye project A Safeway-anchored shopping center will begin construction early next year in Buckeye, bringing the first grocery store to the Festival Ranch community in the northwest Valley. The development, called Festival Ranch Marketplace, will be built by Pederson Group, the developer of several other grocery-anchored shopping […]
Daily News: 7-1-26
AI firm Fluidstack lands 1.1 million square feet for Phoenix expansion Fluidstack, a rising tech company with heavyweight artificial intelligence clients including Anthropic and Nvidia, is expanding to west Phoenix. The New York-based company signed on to lease the entirety of two warehouses at Lincoln Property Co.’s Luke Field industrial park in Glendale, Arizona, for […]
Daily News: 6-30-26
First Industrial Project Planned at Halo Vista The first industrial development proposed for the 2,400-acre Halo Vista master planned area in north Phoenix has been submitted to the City’s review and approval process. Halo Vista is under development by a partnership of Mack Real Estate Group and McCourt Partners. Documents call for a three-phase development […]
Daily News: 6-29-26
Phoenix’s Housing, Industrial Demands Are Driving Surge In Conversions Office conversions in Phoenix are mounting as investors seek to leverage a swath of outdated buildings to meet the needs of a growing population and recovering industrial market. Since 2024, 3.3M SF of office space has been converted or demolished in metro Phoenix, more than the […]
Daily News: 6-19-26
CRE lending hits new high as lenders compete for refinancing deals Commercial mortgage lenders are locked in their fiercest competition on record, a development that is reshaping the financing environment for US property owners and creating new opportunities for mortgage brokers working in the commercial space. Global credit competition soared to an all-time high in […]
Daily News: 6-15-26
Waymo buys Wittmann testing site for $220 million to test robotaxis, resume freeway training Waymo is expanding its presence in Arizona with a large land purchase northwest of Phoenix. The autonomous vehicle producer purchased the 5,500 acres of land in Wittmann from Route 14 Investment Partners LLC for $220 million. Waymo says it’ll test its […]