Daily News: 11-19-2025
Empty shopping center at Tempe light rail station getting apartments, grocery A vacant shopping center at the Dorsey Lane light rail station in Tempe is slated to become affordable housing and a new grocery store, according to a plan approved by Tempe City Council. Tempe owns two noncontiguous parcels near Apache Boulevard and Dorsey Lane. […]
Daily News: 11-18-25
TSMC, Pulte Homes face pushback as 7,000-acre NorthPark project moves forward Dozens of north Phoenix community members packed a village planning committee meeting Thursday night and spoke out against a massive mixed-use development planned near Taiwan Semiconductor Manufacturing Co.’s expanding complex. The development, named NorthPark, is spearheaded by Pulte Homes and TSMC at the southwest […]
Daily News: 11=17-25
Tempe approves 400-unit affordable housing project along light rail corridor A Tempe neighborhood along the light rail is about to get hundreds of affordable apartments and a grocery store in an area that’s become a food desert. Tempe City Council held a final hearing Nov. 13 to discuss Dorsey Station — a 400-unit development that […]
Daily News: 11-14-25
Phoenix medical office market shows further signs of stabilization in 2025 The Phoenix medical office market has performed well so far this year, bouncing back after a challenging 2024, according to CoStar’s latest Medical Office Report. Over the past 12 months, occupied space increased by about 305,000 square feet. This is a turnaround from 2024, […]
Daily News: 11-13-25
CRE Interest Rates Fall: Agencies, Life Companies Set Pace for Lower Borrowing Costs Interest rates on CRE loans are lower on average today than they were last year, when the 10-year Treasury yield fell to the 3.6% range, according to a new report from Marcus & Millichap. A few factors are pushing CRE interest rates […]
Daily News: 11-12-2025
‘We’re not swimming upstream anymore’: Major commercial property firms see profit at or near record The pandemic is now just a thing of the past for many office landlords and commercial real estate services firms, with leasing and sales demand officially meeting or surpassing 2019 levels. Executives behind some of the largest landlords and brokerages […]