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Commercial Real Estate & Business News – June 6, 2022

99 Ranch Market-Anchored Shopping Center in Chandler Adds New Tenants; 7 Other Deals to Know

An office and medical building in north Phoenix has sold for $20 million. Cleveland, Ohio-based Woodside Health Development was the buyer, and Vancouver, B.C.-based Talia Jevan Properties Inc. was the…»

First Look: See What Taiwan Semiconductor is Building at Massive North Phoenix Site

 

Hiring has also been underway, and the company has about 500 Arizona employees undergoing training in Taiwan, where TSMC is headquartered. The company expected to have more than…»

May Apartment Rents Posted Largest Increase for 2022

Apartment rents are growing more slowly than they did in 2021, but at a pace faster than the years immediately preceding the pandemic, according to the latest national rent report by Apartment List. Year-over-year rent…»

Arizona Has 5 of the 15 Fastest-Growing Cities in the U.S.

Arizona had five of the 15 fastest-growing cities in the U.S. last year while Phoenix continued to add residents, bucking the trend of major cities that lost population during the pandemic, according to…»

Tempe OKs Talks With Arizona Coyotes Over Nearly $2B Arena and Entertainment District Deal

Tempe will begin formal talks with the Arizona Coyotes to build a new arena and entertainment district in the city after a 5-2 vote by the city council on Thursday, a move that sets the nearly…»