Commercial Real Estate & Business News 6-25-2025
217 acres of desert near Scottsdale Road and Loop 101 just sold. What will be built? State land in northeast Phoenix, where the now-defunct Arizona Coyotes once hoped to build a new arena, was sold to a Minnesota-based commercial developer for $136 million. In a bidding war that broke out at the Arizona State Land […]
CRE in Phoenix: Thriving Amid Change and Challenge
I have had the opportunity to discuss the Phoenix commercial real estate market activity consistently since 2022 for Arizona School of Real Estate and Business. This article always ties into the market update that I typically host, which, by the way, is coming up on August 22, 2025, Commercial Growth, make sure you sign up! […]
Commercial Real Estate & Business News 6-24-2025
SoftBank founder wants to team up with TSMC on trillion-dollar AI hub in Arizona The founder of Japanese investment holding company SoftBank Group Corp. wants to team up with Taiwan Semiconductor Manufacturing Co. (TSMC) to develop a trillion-dollar industrial robotics and AI industrial complex in Arizona, Bloomberg reported Thursday. The big picture: SoftBank’s billionaire founder, […]
Commercial Real Estate & Business News 6-23-2025
Mountainside Fitness expands with 22nd location in Queen Creek; plus more Valley deals Arizona’s largest locally-owned fitness company just became a little bit bigger. Mountainside Fitness began construction on its 22nd location and its second in Queen Creek, the company announced. The newly announced and yet-to-be built location will span 42,000 square feet with a […]
Commercial Real Estate & Business News 6-20-2025
This AZ mall just got named 1 of the best in the US. Here’s why shoppers love it USA TODAY readers across the country have voted on the best malls in the United States and a longtime Arizona favorite made the list. Scottsdale Fashion Square is ranked No. 6 in the 2025 USA TODAY 10 […]
Commercial Real Estate & Business News 6-19-2025
Atavia in North Scottsdale’s ‘new luxury corridor’ earns approval Belgravia Group, Chicago’s award-winning real estate developer with more than 75 years of luxury developments constructed under its brand, announced that it has received public report approval for Atavia, the 88-unit luxury condominium development located in North Scottsdale’s “new luxury corridor” at Loop 101 and Scottsdale […]