Commercial Real Estate & Business News – June 20, 2022

Phoenix Developer Proposes Massive Master-Planned Community in West Valley

A new master-planned community called Three Rivers Ranch with nearly 1,000 residential units is being proposed for 232 acres of farmland in the West Valley. Three Rivers Ranch will be comprised of…»

Thompson Thrift Buys Land for $180M Phoenix-Area Project


Thompson Thrift Commercial is preparing to add 1.1 million square feet of speculative offerings to the high-demand metropolitan Phoenix industrial market. The real estate company recently spent just over $31 million on the acquisition of 68 acres of land in…»

12 Projects Under Construction in Downtown Phoenix

The skyline of Downtown Phoenix is constantly evolving. Stand on any corner and you’ll likely see a construction project in progress. Here are 10 Downtown Phoenix construction projects that are currently being built and will likely …»


The city of Chandler may be one of the most in-demand areas for companies to expand or relocate — especially technology and semiconductor-related manufacturing firms — in the Valley, but the city is running out of vacant land. Looking ahead during the  …»

Fed Responds to Market Worries, Accelerates Rate Hikes

The Federal Reserve’s policy-setting committee shifted gears on Wednesday and boosted its target lending rate by 75 basis points, or three-quarters of a percentage point, the highest uptick since 1994. The decision sets the  …»