Commercial Real Estate & Business News – March 12, 2024

National Office Attendance Rises With Slow but Steady Gains

It hasn’t been quick or easy to get office attendance rates closer to what they were prior to the pandemic, but workplace foot traffic is on a slow but steady climb. As more companies add stricter in-person mandates and adjust to longer-term flexible work policies, attendance rates…»

The Trailhead Mixed-use Development Breaks Ground in Peoria

New dining experiences, much-needed housing and a neighborhood church: These are the elements of The Trailhead, a community gathering place for northwest Valley residents that has been seven years in the making. This morning, Peoria officials joined the Pederson Group and…»

Fry’s-led Morrison Ranch Commercial Center in Gilbert Looks to Open by End of 2024

Vertical construction is well underway on a new shopping center in Gilbert. The more than 20-acre site on the northwest corner of Power and Elliot roads will soon be home to a Fry’s Food Stores location. The major grocer confirmed to the Phoenix Business Journal on March 8 that…»

New Surprise Community of 795 Houses With Prices Starting in $300,000s To be Built

A new community in Surprise will sprout 795 homes with prices starting in the high $300,000s. Meritage Homes’ 227-acre development called Paloma Creek will also have the biggest amenity center it has built so far, with a pool, an outdoor kitchen, a playground, a fire pit, a…»

Big Pickleball Complex Planned at Mesa Riverview

Mesa appears to be the latest East Valley community that will see an indoor pickleball complex. California-based Dink & Dine Pickle Parks last week announced plans to build its first “eatertainment” venue with indoor and outdoor courts and restaurants at Mesa Riverview, stating…»