Commercial Real Estate & Business News – June 21, 2022

Seeing a growing need to support electric vehicle companies, Alabama-based logistics firm KOAM LLC is doubling down in the Valley. KOAM inked a lease for a 90,522-square-foot industrial/last-mile facility in…»

The redevelopment of the iconic mixed-use Papago Plaza, recognizable to many long-time area residents for its Pueblo-style design dating to the 1960s, is taking shape as the area’s demographics are growing and the plaza…»

NOI is a critical consideration in CRE, though often more honored in the breach than the accurate calculation because so many factors can throw an initial back-of-the-envelope estimate off. One of the factors is…»

Global alternative investment management firm Investcorp has acquired the Pecos Commerce Center, a light-industrial campus in the Phoenix suburb of Mesa that is fully leased to dozens of…»

The Scottsdale Development Review Board approved the site plan for a mixed-use development that contains a 70-foot-tall building, 7,000 square feet of commercial space and 40 condominiums near the intersection of…»