Commercial Real Estate & Business News – September 1, 2022

Construction Company Plans to Build Distribution Center in West Valley

Phoenix-based construction supplier Copper State Bolt & Nut Co. is planning to build a new $6.2 million warehouse and distribution facility in the West Valley. The nearly 40,000-square-foot building will be located on about five acres at the…»

Corning Brings $100M Manufacturing Facility, 250 Jobs to Gilbert

 

Corning Incorporated announced today that it is expanding manufacturing capacity for optical cable, based on a long-term relationship with AT&T , the nation’s largest fiber internet provider, as the carrier expands its fiber service. Corning will build a new…»

First Solar Plans $1 Billion Southeastern US Solar Panel Plant

First Solar, the largest U.S. maker of solar panels, plans to build a new factory to make solar panels in the Southeastern United States in an investment that could reach $1 billion and could tap into newly approved federal tax incentives. First Solar said that its…»

S3 BioTech Plans 2.5M SF Multi-Use Campus in Phoenix

Development plans have been unveiled to build a $762M multi-purpose campus—including a Life Science and Innovation Center, a Sports and Science Academy and a “SportsTainment District”—on a 52-acre site adjacent to…»

Time Equities Buys Paradise Village Office Park for $43M

Full-service real estate firm Time Equities, Inc. (TEI), recently acquired Paradise Village Office Park, a five-story, 268,516-square-foot Class A office building for $43 million from Sterling Equities (Sterling) and Lincoln Property Company (Lincoln Property…»