Commercial Real Estate & Business News – March 28, 2022

The city of Tempe is working to grow the area south of Tempe Marketplace into an “innovation hub,” which is a pilot idea that could be applied to other employment areas around the city. The city identified the 302 acres that are bounded by…»
The recent sale of 12,081 acres of land in the far West Valley to BA Pacific Sun Valley LLC was handled by Burch & Cracchiolo president Andy Abraham. The sales price of the land, which is near Sun Valley Parkway and the Loop 303 west of the…»
Two residential projects received the approval needed to move forward in Glendale. After two years of searching for the right project and reviewing various proposals, the city said it was pleased to have a proposal for about 20 acres on the northeast corner of…»
A bill to decrease Arizona’s commercial property tax assessment ratio to 15% over the next five years would achieve a goal set decades ago by the Citizen’s Finance Review Commission and others if it becomes law. Senate Bill 1093, sponsored by…»
Craig Cote is headed west for Mountainside Fitness’ 20th fitness center in the Valley.After touring several properties along the Interstate 10 corridor, the CEO of Mountainside Fitness said he and his team settled on Park 10, a 43-acre mixed-use development near  …»