Commercial Real Estate & Business News – February 23, 2022

Just as construction has begun on the Wexford Innovation Labs in downtown Phoenix, an even bigger project is in the works on the fast-growing Phoenix Biomedical Campus. The Wexford Innovation Labs will occupy 34,500 square feet of space within the…»
Real estate is booming in Arizona. But how long can it be sustained? AZRE went straight to the experts to get their take on the commercial real estate outlook in Arizona. Commercial real estate (CRE) professionals gathered at…»
Arizona has enjoyed a lot of buzz lately as electric-vehicle startups including Lucid Motors and Nikola Corp. build manufacturing centers in the state, but traditional automakers also are getting more involved here with research expansions. General Motors on Friday said it will hire…»
The Phoenix metro area performed extremely well for new construction during the past decade, outperforming much bigger urban hotspots, according to recent StorageCafe research. The article analyzed the real estate development in the country’s top…»
The city of Buckeye is starting the process to designate thousands of additional acres for industrial growth along what it hopes will become another major employment and transportation corridor in the West Valley. The fastest-growing municipality in the U.S. has…»