Today’s News 7-24-2025
Metro Phoenix’s malls are transforming. Here’s how When large-scale shopping malls were being developed, they were built in places with easy transportation access, near densely populated areas to create a built-in customer base. Online shopping, food delivery and other consumer habit changes have rendered many of the traditional indoor malls to be functionally obsolete, but […]
Today’s News 7-23-2025
Demand for US apartments remains strong as construction pipeline continues to slow The U.S. multifamily market continued to stabilize in the second quarter of 2025, as strong renter demand kept pace with a moderating pace of apartment completions. Net absorption — the net change in occupied stock — totaled 268,000 units in the first half […]
Today’s News 7-22-2025
10 biggest commercial real estate deals of the last 10 years In a blockbuster year for Arizona real estate, 2025 has already delivered three jaw-dropping megadeals—rewriting the record books and redefining the desert skyline. In an analysis of data collected by the commercial real estate tracking website Vizzda and AZRE magazine, three of the 10 […]
Today’s News 7-21-2025
Arizona had 356% investment growth in five-year period, study reveals A new study ranks all U.S. states by percentage increase in business investment growth, with Arizona ranked No. 36 in the country. The state experienced a 356% increase in investment growth between 2019 and 2024, from $2.91 billion to more than $13.27 billion. That’s according […]
Commercial Real Estate & Business News 7-18-2025
TSMC speeds up chip factory expansion in Phoenix Taiwan Semiconductor Manufacturing Co. (TSMC) is speeding up manufacturing at its massive north Phoenix campus and may accelerate the production schedule for more facilities, the company announced Thursday. Why it matters: TSMC is expanding its Phoenix footprint, expediting already ambitious plans and cementing Arizona’s status as a […]
Commercial Real Estate & Business News 7-17-2025
Here’s what’s partly behind the pickup in US apartment demand A Canadian investor’s deal to buy six apartment complexes across the Sun Belt is more than just the purchase of 1,600 apartments. It’s also the latest bet that increasing multifamily demand is set to gain more momentum in the second half of the year as […]
