Commercial Real Estate & Business News – August 14, 2020

Hotel Developer WaterWalk Buys North Phoenix Site for First Arizona Location
A developer of high-end extended stay hotels bought 4.5 acres of land in north Phoenix to develop the company’s first Arizona hotel property. WaterWalk, which is headquartered in Wichita, Kansas, purchased the development site at 19th Avenue and Pinnacle…»
New Fry’s Grocery Store Opening in Gilbert Next Month
PHOENIX – A new Fry’s location will open in Gilbert next month, the grocery chain announced Tuesday. The 129,000 square-foot marketplace will open on Baseline and Higley roads Sept. 2. In addition to the usual food and wine selection sold at the grocery store…»
7180 Optima Kierland Debuts in Scottsdale
High-rise, sustainable living in Arizona has reached a whole new level this week with the opening of 7180 Optima Kierland, the 12-story residential tower that boasts meticulously designed condominiums, along with the most impressive and expansive luxury amenity…»
The 50 Valley Neighborhoods Most Prized by Homebuyers in 2020
Homebuying in metro Phoenix is hotter than ever as extremely low mortgage interest rates are keeping potential homebuyers busy even during the hot summer months. Within the Valley’s vast 9,224 square miles, there are certain pockets where the action is hottest…»
Urban Dwellers Pick Up The Pace On Looking For Homes In Suburbs And Beyond
In crowded housing markets hit hard by the coronavirus pandemic, city dwellers are looking at where they want to live through a new lens. During the second quarter of 2020, 51% of‘s views from urban residents of the nation’s 100 largest metros…»