Daily News: 12-9-25
$60M retail project going up at Ellsworth and Elliot roads in Mesa Location: Northeast corner of Ellsworth and Elliot roads. Description: East Gate Plaza is a $60 million retail project led by Scottsdale-based Diversified Partners. The 17-acre project “is designed to meet growing demand for high-quality retail, dining and wellness experiences in the rapidly expanding […]
Daily News: 12-8-25
Phoenix cracks the nation’s top five ranking for retail rent growth The average asking rent at Phoenix retail properties rose 4.9% annually in the third quarter of 2025, the fifth-largest gain in the United States among major retail markets. Last quarter’s performance narrowly edged out Kansas City’s 4.8% gain and more than doubled the 2.3% […]
Daily News: 12-5-25
CRE Heads Into New Year With Optimism Fuelled by Multifamily and Office Momentum The CRE industry is moving from resilience in 2025 to optimism for 2026, driven by artificial intelligence, lower interest rates and a stabilization of policy uncertainty, according to Cushman & Wakefield’s 2026 CRE Outlook report. Across property types, fundamentals are strengthening, demand […]
Daily News: 12-4-25
Commercial Real Estate Prices Signal Rare Buying Opportunity According to The WSJ, after several years of sharp declines and underperformance, US commercial real estate is starting to look like a bargain. Average property values are still down double digits from 2022 peaks, with office buildings and apartments particularly hard hit. But some long-term investors are […]
Daily News: 12-3-25
Harvard Investments proposes 1,940-acre development near Estrella Mountain A master-planned community with thousands of new homes and apartments, retail, dining and a potential resort is being planned in Goodyear. The city’s planning and zoning commission on Dec. 3 will discuss a request to rezone about 1,940 acres for Rio 1900 – a planned development near […]
Daily News: 12-2-25
Once a haven for college kids, Tempe’s Mill Avenue is changing again Tempe’s Mill Avenue was once defined by its mom-and-pop shops, then evolved into a hot spot for bar hoppers. Its latest transformation divides those with ties to the iconic downtown. City leaders and business owners are spearheading the change, one that some say […]