Commercial Real Estate & Business News – April 27, 2023
Trammell Crow Company buys 192 acres in Mesa for $28M Trammell Crow Company (TCC), a global real estate developer, and CBRE Investment Management, on behalf of a separate account client, have acquired a 192-acre development site in Mesa, Arizona. The master site will be divided into ‘shovel-ready’ lots that will range from 12 acres, up […]
Commercial Real Estate & Business News – April 26, 2023
Phoenix Proposes Millions in Reimbursements to Kick Off Tech Corridor The city of Phoenix is looking to turn remaining vacant farmland along a major freeway corridor into a new industrial and technology-focused center. Phoenix wants to help developers bring new industrial buildings to the Loop 202 in the Laveen area in the south part of […]
Commercial Real Estate & Business News – April 25, 2023
Behind the Deal: Why Discount Tire Picked North Phoenix for its New HQ Campus Scottsdale-based Discount Tire Co. embarked on a search that lasted years and spanned the Valley for its new office headquarters that will be located in north Phoenix. The tire and wheel retailer plans to build a new office complex in north […]
Commercial Real Estate & Business News – April 24, 2023
TSMC Seeking up to $15 Billion from Federal Government for Arizona Chip Plants Taiwan Semiconductor Manufacturing Co. is seeking up to $15 billion in tax credits and grants from the federal government to support its Arizona semiconductor plants amid concerns about subsidy criteria, the Wall Street Journal reported Wednesday. TSMC expects to receive…» Empire 101 […]
Commercial Real Estate & Business News – April 21, 2023
Mixed-Use Project Near Scottsdale Fashion Square ‘Months Out’ From Construction The developer has laid the groundwork for a big project in a prominent area of Scottsdale, but vertical construction is still a few months away. Hazel & Azure, a development that would bring more than…» LogistiCenter at Copperwing — at 10 Million SF — Breaks […]
Commercial Real Estate & Business News – April 20, 2023
Tenant Demand for Big-Box Warehouses Surges in Phoenix Metro Phoenix has emerged on top as the fastest-growing industrial market in North America, according to real estate experts. The Phoenix metro’s industrial market had a growth rate of…» SkyBridge Arizona on Track to be First-Of-Its-Kind Unified Cargo Processing Facility Close on the heels of its 250,000-square-foot […]