Daily News: 5-22-26
Amazon pharmacy warehouse in Phoenix sells for $44.15 million; plus more Valley industrial deals A nearly 175,000 square-foot warehouse currently leased to Amazon’s pharmacy arm sold on May 12 for $44.15 million, according to real estate database Vizzda. Canadian investment firm Belkorp acquired the facility from Oxford Property Group, which bought it in September 2021 […]
Daily News: 5-21-26
Initial plans unveiled for Arte Moreno’s restaurant-heavy retail center in Gilbert A new shopping center has been proposed in Gilbert near the busy intersection of Williams Field Road and the Loop 202 freeway. Going by the name SanTan Crossings, the project would include multiple restaurants, a bank and retailers. One portion of the 20-acre site […]
Daily News: 5-20-26
Strong leasing and inventory reductions fuel Phoenix office market health The Greater Phoenix office market continues its post-pandemic recovery with strong leasing and a decline in total inventory as obsolete buildings are re-purposed. A recent report from Colliers documenting the first quarter 2026 shows positive net absorption for a second consecutive quarter. The Phoenix market […]
Daily News: 5-19-26
Suburbs and exurbs fuel population growth in the Greater Phoenix area Newly released data from the U.S. Census Bureau reiterates the Valley’s strong demographic profile and provides deeper insight into where population gains are happening. In the five-year period from July 1, 2020, to July 1, 2025, the Phoenix metropolitan statistical area (MSA) added about […]
Daily News: 5-18-26
NRF: Retail sales grow in April Retail sales rose slightly for the seventh consecutive month in April despite rising gas prices and stubborn inflation. Core retail sales (excluding restaurants, auto dealers and gas stations) inched up up 0.34% month over month in April and were up 5.53% year over year, according to the CNBC/NRF Retail […]
Daily News: 5-14-26
2,500 acres in Buckeye primed for next high-tech hub A 2,500-acre site in Buckeye is aiming to land the Valley’s next mega-project, as brokers begin to pitch the site for semiconductor manufacturing and other advanced manufacturing uses. The site, called Grand View Arizona, is located near Broadway Road and MC 85, and is bisected by […]
