Daily News: 6-30-26
First Industrial Project Planned at Halo Vista The first industrial development proposed for the 2,400-acre Halo Vista master planned area in north Phoenix has been submitted to the City’s review and approval process. Halo Vista is under development by a partnership of Mack Real Estate Group and McCourt Partners. Documents call for a three-phase development […]
Daily News: 6-29-26
Phoenix’s Housing, Industrial Demands Are Driving Surge In Conversions Office conversions in Phoenix are mounting as investors seek to leverage a swath of outdated buildings to meet the needs of a growing population and recovering industrial market. Since 2024, 3.3M SF of office space has been converted or demolished in metro Phoenix, more than the […]
Daily News: 6-19-26
CRE lending hits new high as lenders compete for refinancing deals Commercial mortgage lenders are locked in their fiercest competition on record, a development that is reshaping the financing environment for US property owners and creating new opportunities for mortgage brokers working in the commercial space. Global credit competition soared to an all-time high in […]
Daily News: 6-15-26
Waymo buys Wittmann testing site for $220 million to test robotaxis, resume freeway training Waymo is expanding its presence in Arizona with a large land purchase northwest of Phoenix. The autonomous vehicle producer purchased the 5,500 acres of land in Wittmann from Route 14 Investment Partners LLC for $220 million. Waymo says it’ll test its […]
Daily News: 6-12-26
26-story downtown Phoenix tower to add grocer, art gallery A downtown Phoenix apartment tower that recently completed construction will feature a small grocer, café and wine bar, along with an art gallery on its ground floor. Ray Phoenix, a 26-story tower with 401 apartment units, opened for residents in April and is still leasing for […]
Daily News: 6-11-26
Retail Sectors Power The Latest Commercial Price Gains Commercial real estate pricing has finally started to move again—and this time, it’s not a broad rally so much as a retail-led push dragging the rest of the market along for the ride. Green Street’s latest Commercial Property Price Index shows values ticking higher in recent months, […]