Daily News: 12-16-25
Here’s why the Arizona economy is poised to accelerate The Arizona economy continues to grind along at a slower-than-usual pace. Jobs are rising slowly, with reduced hiring and modestly elevated layoffs weighing on growth. Income is also slowly rising, reflecting the post-pandemic deceleration in employment costs, although taxable sales growth has rebounded. House price increases […]
Daily News: 12-15-25
Multifamily and Industrial Set for Vacancy Drops in 2026 The U.S. commercial real estate market is poised to enter 2026 with stabilizing fundamentals, stronger investor confidence and transaction volume projected to rise 15–20%. Across sectors, leasing and sales activity are gaining momentum, with pricing largely finding a floor and cap rate spreads normalizing, according to […]
Daily News: 12-11-25
Din Tai Fung to build second Phoenix-area location before first one opens Din Tai Fung, the famed upscale Taiwanese restaurant chain, will start construction on its second location in the Phoenix area, even before the first one opens. Macerich, the real estate investment trust that owns and operates seven large malls and shopping centers in […]
Daily News: 12-9-25
$60M retail project going up at Ellsworth and Elliot roads in Mesa Location: Northeast corner of Ellsworth and Elliot roads. Description: East Gate Plaza is a $60 million retail project led by Scottsdale-based Diversified Partners. The 17-acre project “is designed to meet growing demand for high-quality retail, dining and wellness experiences in the rapidly expanding […]
Daily News: 12-9-25
$60M retail project going up at Ellsworth and Elliot roads in Mesa Location: Northeast corner of Ellsworth and Elliot roads. Description: East Gate Plaza is a $60 million retail project led by Scottsdale-based Diversified Partners. The 17-acre project “is designed to meet growing demand for high-quality retail, dining and wellness experiences in the rapidly expanding […]
Daily News: 12-8-25
Phoenix cracks the nation’s top five ranking for retail rent growth The average asking rent at Phoenix retail properties rose 4.9% annually in the third quarter of 2025, the fifth-largest gain in the United States among major retail markets. Last quarter’s performance narrowly edged out Kansas City’s 4.8% gain and more than doubled the 2.3% […]