Commercial Real Estate & Business News – April 5, 2022

A longtime Valley semiconductor materials provider has acquired land in Mesa for a new facility, which will create more than 100 jobs. JX Nippon Mining & Metals USA Inc., which is a subsidiary of Tokyo-based JX Nippon Mining & Metals Corporation, has acquired…»

Decron Properties has acquired Ascent at Papago Park, a 270-unit garden style multifamily asset in Phoenix, AZ. It is the first of two acquisitions that the Los Angeles-based real estate investment firm will close in the next 30 days for a total of…»

Adolfson & Peterson Construction (AP), a top national construction management firm and general contractor, and Reunion Rehabilitation Hospitals (RRH), a system of state-of-the-art inpatient rehabilitation hospitals and America Development & Investments LLC (ADI), a leading…»

Representatives from North American Development Group, Will Bruder Architects, LJC and Clayco joined local officials to celebrate the official groundbreaking of PALMtower Residences at Arizona Center, a new 28-story tower in downtown Phoenix. Owned by…»

WASHINGTON – The Arizona unemployment rate dropped to 3.6% in February, well below pre-pandemic levels and the lowest it has been since 2007, according to the most recent numbers from the Bureau of Labor Statistics. The latest numbers are part of…»