Commercial Real Estate & Business News – November 7, 2024

Which cities offer the best opportunities for investors? The answers have shifted in the past year, according to PWC and the Urban Land Institute’s latest report on emerging trends in real estate in 2025. It is based on interviews and survey responses from almost 2,000 industry…»

A Tempe apartment community owned by Los Angeles-based Tides Equities LLC has sold at a trustee sale amid a flurry of similar foreclosure auctions scheduled throughout the metro. On Oct. 29, Tides on East Broadway at 1865 E Broadway Rd. sold at auction to an entity tracing to The Corporation Trust…»

On behalf of Merit Partners Inc., Phoenix-based Stevens-Leinweber Construction (SLC) is under construction on Tex Industrial, a 17.2-acre project that will bring two new Class A, mid-size industrial buildings to Merit’s sought-after PV303 master planned business park in Goodyear, Arizona. Located within…»

Franchise Group, parent of retailers including Vitamin Shoppe and Pet Supplies Plus, is following in the footsteps of other U.S. store operators this year by filing for bankruptcy protection and planning to shut down one of its struggling chains, American Freight. Delaware…»

A developer is pivoting from plans to build an apartment complex on vacant land next to an office building in the Camelback corridor, instead opting to convert a shuttered sports bar into an office for a law firm. Tucson-based Holualoa Cos. had planned to develop an apartment building adjacent to…»