Commercial Real Estate & Business News – December 4, 2024

20-story student housing development proposed near ASU in Tempe

A gas station and retail center across the street from Arizona State University in Tempe could be redeveloped into a 20-story student housing development with two towers. The project, called Leo Tempe, proposes two 20-story towers and a 10-story parking garage on a 3.7-acre site on…»

Teardown of racetrack clears way for $21M county fairgrounds redevelopment

A Metro East racetrack will be torn down as part of a $21 million publicly funded redevelopment…»

Amkor Technology moves ahead to build $2B campus in Peoria after buying 56 acres

Amkor Technology Inc. secured a slice of land in northern Peoria, which brings the company one step closer to constructing its $2 billion semiconductor assembly and testing facility. For more than $4.12 million, the company closed late last month on roughly 56 acres that the master-planned…»

The Goldwater condo and retail project coming to Old Town Scottsdale

Adlanto and Plaza Companies are teaming up on an exciting new upscale development, The Goldwater, in the heart of Old Town Scottsdale. The Goldwater Residences is an elegant for-sale condo development located at the center of arts, culture and entertainment in Old Town Scottsdale and the…»

Investors Eye Healthcare Real Estate as Top Choice for Capital Deployment

SCOTTSDALE, AZ—Like other real estate sectors, momentum began building for healthcare deals in July. Unfortunately, in the past 30 days, people have pulled back a little bit, John Chang, SVP of Marcus & Millichap, told the audience during the opening keynote session at GlobeSt.com’s…»