Commercial Real Estate & Business News – August 2, 2023

If it seems like a lot of industrial buildings have been going up in southeast Mesa the last few years, your eyes are not deceiving you: the region is one of the top places in the country for new industrial development. According to a report by commercial real estate broker…»

Following an extensive trip by a Phoenix delegation to Taiwan, South Korea and Japan, city leaders say Phoenix is poised to become a hub for innovative technologies, and they are confident in the city landing direct flights to Asia. The delegation spent about two…»

The Arizona Grand Resort & Spa, already the fourth-largest resort in the Valley, has plans to add up to 460 new rooms as part of a major renovation and expansion of the property. In mid-July, Scottsdale-based Grossman Company Properties, the owner of…»

Over the past few years, construction businesses in Arizona have been busy breaking ground and cutting ribbons. But that storm of activity — along with national economic trends — has ginned up headwinds. AZRE sat down with Arizona construction industry leaders who…»

​Home building in metro Phoenix hasn’t come to a grinding halt and isn’t expected to, despite new water restrictions for subdivisions on the area’s edges. And while the Valley’s water woes won’t help the area’s housing shortage, they aren’t going to make it substantially…»