nick@nickminer.com  480-612-0384

Commercial Real Estate & Business News – January 30, 2023

ViaWest and Willmeng Break Ground on Sub-Zero Industrial Project

ViaWest Group, a Phoenix-based, full-service commercial real estate firm, began work in Goodyear on the latest Valley location for the Sub-Zero Group, Inc., which, at completion, will total more than one million square feet of manufacturing space in…»

Sprouts, Fry’s to Open New Grocery Stores in West Valley in February

PHOENIX – West Valley residents are getting two new options for grocery shopping next month, with Sprouts and Fry’s set to expand in Surprise. First, Sprouts Farmers Market will hold a grand opening weekend Feb. 3-5 for a store at…»

Multifamily Rent Growth to Top 4% This Year, Says One Projection

As the new year sets in and rents in many markets seem to have been trending down, the multifamily sector has been wondering where will rents — and with them, future net operating incomes and also property valuations — will go…»

Renting in Phoenix Costs $1,116 Less Per Month Than Buying

For many Americans hoping to make the transition to first-time buying in 2023, renting will likely offer relatively more affordable options in the months ahead, according to the Realtor.com® Monthly Rental Report released today. On average…»

West Valley Site Once Slated for Power Center Now Proposed for Housing, Retail

A mixed-use project with housing, retail and commercial has been proposed for a 101-acre site that was once slated for a regional shopping center in Surprise. The site is located in the Asante area along Grande Avenue at the southwest corner of…»