Daily News 7-14-2026
Phoenix apartment market improvement cracks top 10 nationally as vacancy drops, construction slows The Phoenix metro’s apartment market has been recovering from oversaturation and it has become one of the nation’s most improved markets in that regard. CoStar found last month that Phoenix is among the top 10 most improved multifamily markets in the country, […]
Daily News 7-13-2026
Slowing Apartment Supply Begins To Restore Landlords’ Pricing Power After several years of record apartment construction, the multifamily market is entering a new phase as slowing deliveries begin to restore landlords’ pricing power, according to Marcus & Millichap. Multifamily completions are projected to fall nearly 34% year-over-year in 2026, dropping to their lowest level since […]
Daily News 7-10-2026
Developer proposes 453,000-square-foot industrial park at former GE site Demand is surely growing for industrial space near TSMC’s campus in north Phoenix, and developers have another infill project on tap at a site along Interstate 17. Phoenix-based Dimension Financial Realty and Investments is proposing a new three-building spec industrial park with a 62,268-square-foot building, a […]
Daily News: 7-9-2026
McCarthy Building Cos. signs 96,252-square-foot lease in Camelback Corridor One of the largest construction firms in the country is nearly doubling its Valley office footprint, with plans to move its regional headquarters into a new building next year in Phoenix’s Camelback Corridor. McCarthy Building Cos. signed a 96,252-square-foot, 11-year lease at 3133 E. Camelback Road, […]
Daily News: 7-8-26
Land primed for retail near TSMC in Phoenix bought by East Coast firm Taicoon Property Partners, a Washington D.C.-based real estate firm with ties to Taiwan, placed the winning bids in two Arizona State Land Department auctions for land in north Phoenix primed for retail and other uses. Phoenix Dove Valley LLC, an entity of […]
Daily News: 7-7-26
Phoenix apartment rents post consecutive monthly declines Following modestly positive performance through the first few months of the year, Phoenix multifamily rents retreated in the second quarter. The average asking rent fell 0.1% in June, matching May’s decrease and marking the third-straight month without positive movement. As a result, the Valley notched a 0.2% decline […]