Phoenix ranks second in US for new self-storage construction with 2 million square feet added
With more than 2 million square feet of new self-storage space delivered in 2025, the Phoenix metro set itself apart as the second most-active market in the nation for construction in that sector. That’s according to a recent report from industry listings platform StorageCafe, which clocked the Phoenix-Mesa-Chandler market’s new supply at 2,086,684 square feet, or 5% of the overall inventory in the metro. Only Atlanta added more new space than Phoenix…»
Is Arizona still a hot spot for growth? Here’s what a new study says
Arizona was among the top growth states nationally, according to U-Haul’s Growth Index migration data, but the state did slide down a spot in the ranking, reaching seventh place in 2025, as compared to sixth in 2024. The study analyzes one-way trips taken by U-Haul customers to assess inbound and outbound moves. Inbound trips to Arizona slightly outpaced outbound trips, with 50.3% of Arizona trips arriving in the state and 49.7% leaving it…»
Apartment Investors Confront A Narrow But Intense Concessions Problem
Apartment owners are leaning harder on giveaways, but the pressure was anything but evenly distributed. A recent report from RealPage Market Analytics shows a handful of large Sun Belt and Western metros carrying an outsize share of the nation’s concessions load, with double‑digit effective rent discounts now embedded in day‑to‑day pricing rather than confined to lease‑up outliers. For investors, the pattern reads less like broad distress…»
50 commercial real estate projects to know in 2026
Each year, PTK magazine — a publication of AZ Big Media — showcases the top people and projects to know in Arizona’s commercial real estate sector. Pulling from a competitive pool of nominations and the editorial board’s knowledge of the industry, this annual edition highlights 50 meaningful projects across all product types and influential professionals in 23 different categories. The digital sponsor of PTK magazine is Quarles. Over the coming…»
Freeport-McMoRan downtown Phoenix office tower trades hands
A notable downtown Phoenix high-rise found a buyer just before the new year. Foundation 333 LLC — an entity led by Izhak Ben Shabat and Kenneth Losch — acquired the office portion of downtown Phoenix’s 333 North Central building from Peakstone Realty Trust on Dec. 30, according to Maricopa County records. The 26-story high-rise, built in 2010 at 333 N. Central Ave., had been the longtime home of Freeport-McMoRan until the mining giant began…»