Commercial Real Estate & Business News – September 30, 2022

Massive Industrial Projects Move Forward in West Valley City Employment Corridors

Several massive industrial projects along key transportation corridors have moved forward in two West Valley cities. New-York based Clarion Partners is building a 2.36 million-square-foot industrial park called Northern Parkway Commerce Center across 135 acres at the southwest corner of…»

Wood Partners Breaks Ground on 360-Unit Alta Avondale


Today, Wood Partners, national leaders in the development of multifamily residential community builders, broke ground in Avondale, AZ. Avondale officials were there to welcome them during a formal groundbreaking ceremony on Sept. 29th, 2022. Once complete, the new community…»

Southern California Developer Plans Large Industrial Park in Phoenix’s Mesa

A developer based in Southern California’s Orange County is planning its second major industrial project in greater Phoenix. Shopoff Realty Investments bought about 270 acres of former dairy land at Elliott and Sossaman roads near Phoenix-Mesa Gateway Airport with plans to build a…»

Former Phoenix Semiconductor Building Will be Redeveloped as Onsemi Moves to Scottsdale

After Onsemi announced it would move its headquarters to Scottsdale, the company formerly known as ON Semiconductor sold its Phoenix building to a developer that plans to find an industrial user for the site. Developing the site at 52nd Street and McDowell Road includes…»

Construction Management Company Finds New Valley HQ; Plus 4 Other Real Estate Deals to Know

DBM Global is now in operation in a premier office submarket in the Valley. The company, formerly known as Schuff International, moved its h