Daily News 10-10-25
Amkor Technology breaks ground on $7 billion semiconductor packaging facility near TSMC A new semiconductor manufacturing plant broke ground in Peoria this week. Amkor’s $7 billion facility will reportedly be one of the largest chip packaging plants in the country and is expected to provide up to 3,000 jobs. The first phase of construction is […]
Daily News 10-9-25
New Rivian facility pitched for Mack Innovation Park in Scottsdale Electric vehicle maker Rivian wants to open a new repair shop in Scottsdale. Land use attorneys for Mack Innovation Park will submit a rezoning application to the city within two to three weeks to allow for a service and delivery facility in the complex, said […]
Daily News 10-7-25
Bulking up supply chain, Dollar Tree buys Arizona distribution center Discount juggernaut Dollar Tree is bolstering its supply chain, acquiring a distribution center in the Phoenix area for $147.1 million to better serve the Southwest. The Chesapeake, Virginia-based retailer on Friday said it had purchased a 1.25 million-square-foot industrial facility at 7200 N. Sarival Ave. in […]
Daily News 10-6-25
Milum Textile building sold after years of debate over historic preservation An abandoned warehouse still bearing signage for Milum Textile Services on 7th Avenue in downtown Phoenix finally found a buyer. Chicago-based investor JRG Capital Partners bought the property, which sits on 1.76 acres and includes multiple buildings, for $8.5 million on Sept. 17 from […]
Today’s News 10-3-2025
Landlords brace for fallout from government shutdown that could slow real estate activity The federal government shutdown now underway could disrupt plans for the federal real estate portfolio and put office landlords at risk of rent payment delays if a resolution isn’t reached in coming weeks. Shutdowns can eventually slow federal contracting, leasing and the […]
Today’s News 10-2-2025
Top 5 News CRE Pricing Continues Gaining Strength in August Commercial property prices continued to strengthen in August with all major sectors posting annual gains, MSCI Real Assets reported. The RCA CPPI National All-Property Index rose 2.4% year-over-year for the sharpest increase since late 2022 and gained 0.9% from July, translating to an annualized pace […]