Daily News: 3-5-26
Phoenix industrial vacancy rate falls to 9.7% Limited new developments and healthy tenant activity drove industrial vacancy in Greater Phoenix down 10 basis points during fourth quarter to 9.7 percent at the end of 2025, according to a report released by Colliers. Fourth quarter 2025 marked the third consecutive period of decline in vacancy following seven […]
Daily News: 3-4-26
99 Ranch to anchor metro Phoenix city’s 1st Asian shopping plaza Construction has begun on what will become the northwest Valley’s first major Asian shopping center, complete with a 99 Ranch Market, a Taiwanese dumpling restaurant and a Vietnamese cafe. Called The Mosaic, the center will occupy a former Sears building at Arrowhead Towne Center […]
Daily News: 3-3-26
ViaWest plans 83-acre business park in Buckeye as west side industrial boom continues Phoenix-based ViaWest is planning to develop a new business park in Buckeye. The company is working with the city to set up a roughly 83-acre site at the southeast corner of State Route 85 and Interstate 10 for the project, which it […]
Daily News 3-2-26
Phoenix Construction Costs Still Elevated as Activity Largely Normalizes A pair of Arizona construction industry reports issued this week show construction costs may be starting to settle, even as the rate of activity normalizes following the recent extended period of growth. In its Phoenix Q4 2025 Cost Index, Mortenson reported nonresidential construction conditions remained steady […]
Daily News: 2-27-26
Mesa advances plan for first 8-story downtown office building A vacant, desolate one-story building along Mesa’s Main Street could be transformed into an eight-story building with Arizona State University’s partnership. The city is set to release a bid in the coming weeks to redevelop a site in front of the Mesa Arts Center. It’s part […]
Daily News: 2-26-26
Knight-Swift snags former FedEx facility in Phoenix for $30M An Arizona commercial trucking company acquired a former FedEx facility in Phoenix for $30 million on Feb. 18. AAA Cooper Transportation – an affiliate of Phoenix-based Knight-Swift Transportation Holdings – bought the property, at 7160 West Sherman St., from EQT Real Estate. EQT had bought the […]