| Could Construction Lead Arizona’s Post-COVID-19 Economic Comeback? A year that began with so much promise for continued growth in Arizona turned into a year where businesses just wanted to keep their heads above water. The COVID-19 pandemic created a huge wave of uncertainty in the national economy and in many industries, the effects will be felt throughout 2020…» |
| Ryan Finishes Office Near Arizona State University’s Tempe Campus Developer Ryan Companies and joint venture partner University Realty LLC has finished construction of a six-story office near Arizona State University as new development continues to open to tenants in Tempe, one of greater Phoenix’s strongest office markets. The 160,000-square-foot office building…» |
| More Apartments Coming to Downtown Mesa An expensive obstacle won’t halt the construction of Eco Mesa, a high-end sustainable apartment complex that will rise over a downtown Mesa parking lot, attracting a higher-income clientele. City officials anxious to see the trendy six- or seven-story apartment complex have agreed to move an antiquated electric…» |
| Expanding Online Commerce Drives Growth in Phoenix Industrial Market The Greater Phoenix industrial real estate market remains healthy, despite business conditions during the pandemic, according to a report from Colliers International. America’s growth in online purchasing is driving expanded demand for warehouse/distribution space. Net absorption of industrial space…» |
| Companies Ramped Up Warehouse Leasing As Portions of US Economy Reopened Companies were getting more confident at the end of the second quarter in projecting how much industrial space they would need in coming months as business picked up in parts of the country after months of shutdowns aimed at slowing the coronavirus pandemic. Weekly leasing activity…» |