Commercial Real Estate & Business News – August 4, 2021

The skyline of Downtown Phoenix is constantly evolving. Stand on any corner and you’ll likely see a construction project in progress. Here are 15 Downtown Phoenix construction projects that are currently in progress and will likely change the way we live, work, and play in the city…»
PHOENIX, Ariz., Aug. 3, 2021 /PRNewswire-PRWeb/ — The Mangat Group, a Glendale-based land development group, has agreed to sell a desirable 214-acre property located in the city of Buckeye to KORE Power, the leading U.S.-based developer of battery cell technology for the…»
An Idaho company plans to break ground this year on a lithium-ion battery plant west of Phoenix as Arizona increases its cachet as an emerging hub for electric vehicle manufacturing. Coeur d’Alene-based Kore Power Co. said it chose Buckeye, Arizona, over sites in Texas and Florida for its…»
Dobson Town Place, a 44,000 square-foot single-story medical and professional office in south Chandler, sold today for $10,300,000 or $232 per square foot. James “J.T.” Taylor of ORION Investment Real Estate represented the Seller, Off Five LLC, in the transaction. The Buyer, Stratton Road Realty LLC, is…»
Ashton Woods has paid $17.7 million for a parcel of land south of the Ak-Chin Circle Entertainment Center in Maricopa with plans to build 600 homes. The Georgia-based homebuilder bought 600 partially improved lots in a community called Amarillo Creek, said Ben Heglie, land broker for...»