Commercial Real Estate & Business News – April 19, 2022

A small area on the outskirts of the Valley could see massive industrial growth in the coming years. A 1,314-acre master-planned development comprised of state trust and privately owned land in Tonopah, a rural community located…»
Real estate developer and owner GMH Communities has partnered with Medistar Corp. and CBRE Investment Management on a transit-oriented, mixed-use development in downtown Phoenix. Work has begun on…»
A developer bought a prime piece of land in Scottsdale at an Arizona State Land Department auction on Wednesday. Hayden Loop 101 Investors LLC, an entity tracing to Scottsdale-based De Rito Partners Development Inc., was the…»
Skyrocketing home prices and rising mortgage rates have made relocating to a more affordable area the only viable option for some prospective homebuyers. New data by the realty company Redfin shows people were on the move during the first quarter of…»
The Valley’s housing market appears to be becoming even more frustrating for homebuyers, judging by some of the recent reports by the leading analyst of home price trends in the Phoenix Metro region…»