Daily News 10-13-25
What the government shutdown means for commercial real estate When the government shuts down, real estate watchers tend to focus first on the impact to the residential market. Potentially thousands of home sales will be held up because the federal flood insurance program is no longer able to issue new policies; the Federal Housing Administration, […]
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 […]