Commercial Real Estate & Business News – July 6, 2022

A local developer known for modernizing outdated offices across greater Phoenix plans to upgrade a Camelback Corrider building with its brand of collaborative flex space that includes yoga and other high-end employee perks. George Oliver Cos. bought the…»

Data compiled by the U.S. Census Bureau looking at the period of July 1, 2020 to July 1, 2021 indicates Arizona is still growing quickly. The cities of Queen Creek, Buckeye, Casa Grande, Maricopa, and Goodyear represented Arizona among the…»

Brookfield Residential — which has invested $1 billion developing master-planned communities in Arizona — now will start building its own homes beginning this fall. Since entering the Arizona market in 2012, the Calgary, Canada-based developer always had plans to…»

Arizona had the second largest house price appreciation among all states between the first quarters of 2021 and 2022 at 27.5%, with only Florida having a higher figure at 29.8%. The Federal Housing Finance Agency (FHFA) House Price Index report for…»

Common Bond Development Group founder Brian Frakes had a hand in developing some of the Valley’s most recognizable retail and restaurant hubs – The Yard at the Farmer Arts District in Tempe, The Plant in Chandler and the 120,000-square foot Ironwood in…»