Commercial Real Estate & Business News – December 9, 2014

Speculative Offices, Restaurants, Business Hotel Coming to $700M Development in Chandler

A San Diego developer is building speculative office, retail and restaurant space in Chandler along with a new 210-room hotel. The move is part of the build-out of a $700 million, 150-acre development near the junction of the Loops 101 and 202 in the East Valley… Read more »

Ground Breaks on Next Park Place Office Complex Phase

Douglas Allred Company has announced the immediate construction of three new projects in the Park Place office complex, a 150-acre mixed-use development located in the Price Road Corridor in Chandler, Ariz. These projects include a state-of-the-art business hotel, a retail/restaurant project and a 92KSF cutting-edge, class-A office building… Read more »

?Phoenix Looks to Develop Largest Vacant Downtown Parcel

The city of Phoenix and a regional economic financing authority are hoping to redevelop the largest vacant piece of land in downtown Phoenix. It could end up being a 900-unit apartment or townhome development… Read more »

Phoenix’s High Street Adds 11 More Tenants

The High Street mixed-use development is adding 11 new tenants in the first quarter of the new year. Heading the list is Sprouts Farmers Market’s corporate headquarters, which will take up three floors of office space. Among the other new retail, office, restaurant and service tenants are a Sprouts store, a barbershop, a vacation rental company and tea shop. Tenants are slated to open during the first quarter of 2015 at the development, which is at Loop 101 and Arizona 51 in northeast Phoenix… Read more »

Phoenix Named Hot Housing Market to Watch in 2015

Metro Phoenix is one of the U.S.’s “10 hottest housing markets to watch in 2015,” according to a new report… Read more »