Commercial Real Estate & Business News – March 18, 2022

If you were to look at the pandemic as two acts in a play, 2020 would be Act I, and 2021 would be Act II. The first act always contains the “inciting incident,” in this analogy, which would be the start of the pandemic. In contrast, 2021 is living up to our hopes for…»

PHOENIX — Tracy Altemus, CCIM, along with veteran colleagues spanning decades with Ensemble Real Estate Solutions and Investments, has established REsource Commercial Real Estate LLC, a brokerage firm to serve existing and expanding clients in health care…»

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 530 single-family homes, 293 rental homes, 120 townhomes and…»

GLENDALE, ARIZ. — LPC Desert West, the Southwest arm of Dallas-based Lincoln Property Co., has broken ground on Phase II of Park303 in Glendale. Totaling nearly 2.5 million square feet, the second phase will feature three industrial buildings fronting…»

Although the past two years have been challenging for most business sectors in Arizona, the state’s commercial real estate community – and the self-storage industry in particular – fared better than expected and in some cases even flourished…»