Daily News: 6-12-26
26-story downtown Phoenix tower to add grocer, art gallery A downtown Phoenix apartment tower that recently completed construction will feature a small grocer, café and wine bar, along with an art gallery on its ground floor. Ray Phoenix, a 26-story tower with 401 apartment units, opened for residents in April and is still leasing for […]
Daily News: 6-11-26
Retail Sectors Power The Latest Commercial Price Gains Commercial real estate pricing has finally started to move again—and this time, it’s not a broad rally so much as a retail-led push dragging the rest of the market along for the ride. Green Street’s latest Commercial Property Price Index shows values ticking higher in recent months, […]
Daily News: 6-10-26
Waymo acquires 5,458-acre proving grounds site in $220M deal Waymo has acquired a massive proving grounds site near Phoenix in a $220 million deal that emphasizes the autonomous ride-hailing company’s growing commitment to the metro. The property – which stretches 5,458 acres around 211th Avenue and Dove Valley Road – is in the far northwest […]
Daily News: 6-9-26
National Multifamily Report – May 2026 Annual growth turns positive following two consecutive monthly improvements, according to Yardi Matrix. Average advertised asking rents across the U.S. multifamily sector rose for two months in a row, though yearly growth remained tepid at just 0.2 percent in May, according to Yardi Matrix’s latest survey of 140 markets. […]
Daily News: 6-8-26
Long-running Phoenix breakfast spot fà-me café relocating to Biltmore neighborhood Fà-me café, a long-running local breakfast and lunch spot, will be moving later this year to Phoenix’s Biltmore neighborhood. The restaurant, which first opened more than a decade ago in central Phoenix, will be moving from its well-known location at 4700 N. Central Ave. to 2375 E. […]
Daily News 6-5-26
Microsoft spends $130M on Goodyear land to expand West Valley data center footprint Microsoft spent over $130 million for a 100-acre site in Goodyear in a deal that closed May 29, according to real estate database Vizzda, even as some other projects in the region are being downsized or curtailed. The tech giant previously had […]