Commercial Real Estate & Business News – March 11, 2025

Following a meeting at the White House today, President Trump and TSMC Chairman and CEO C.C. Wei announced a historic expansion of TSMC’s advanced semiconductor operations in Arizona. TSMC will invest at least an additional $100 billion to build three additional semiconductor fabs in…»

Metro Phoenix has emerged as one of the nation’s “elite” locations for energy-thirsty data centers and will remain prominent if projects planned or under construction pan out, according to a new report. The local region ranks fourth nationally for data centers, measured by the capacity of electricity they consume…»

Arizona State University has revealed the location of its ASU Health headquarters, which includes its new medical school and other health colleges. Plans call for building a 200,000-square-foot structure on a campus in the heart of the Phoenix Bioscience Core campus in downtown…»

The Trump administration is moving at a record pace on a varied list of priorities, but insiders hope a focus on housing will remain at the top of the agenda in 2025. With housing affordability a central focus, bills addressing zoning, permitting, workforce development, and taxes are taking…»

The manufacturing sector continues to expand, with over 100 million square feet delivered since 2022 and another 100 million under construction as of January, according to the latest CommercialEdge industrial report. Construction spending for the sector has tripled since 2021, driven by reshoring efforts…»