Daily News 10-28-2026

Despite slowing absorption, the Valley’s industrial sector continues to attract tenants, fueled by advanced manufacturing, data centers and growing demand for smaller industrial spaces. Metro Phoenix’s industrial market is entering the final stretch of 2026 with rising rents, tightening large-building availability and a growing construction pipeline, signaling continued confidence in one of Arizona’s most important commercial real estate sectors. According to JLL‘s Q3 2026 Phoenix…»

A hotel, restaurants, apartments and more condos are coming to a $1 billion master-planned community in north Scottsdale as remaining developable land dwindles.

One Scottsdale has been in the works for the past 20 years with many projects already completed at the northeast corner of Scottsdale Road and Loop 101, including apartments, luxury condos, hotels, restaurants, retail, medical and offices.The 126-acre site has about 19 acres of land left to build out, according to…»

Intersection Development, a Phoenix-based real estate development firm, will break ground on SISU Roosevelt and Arcada on Friday, Nov. 6, at 10 a.m. Together, the projects represent more than $70 million in investment in Roosevelt Row, pairing 125 new residences with the preservation and reuse of historic buildings for Clive Collective’s latest dining concepts. SISU, a 12-story mixed-use tower at 821 N. First Ave., and Arcada, anchored by the Stoddard-Harmon House at 801 N. First…»

Scottsdale-based Discount Tire acquired a large Phoenix warehouse on Oct. 26, according to Maricopa County Property records. The company purchased the property – which is located off the Loop 101 at Indian School Road – from Trammell Crow Company for $64.5 million. The facility includes over 21,800 square feet of office space and about 290,000 square feet of warehouse space. It’s within a larger industrial park called Park Algodon, which was developed by Creation and Clarion…»

A Federal Reserve pause this week may give commercial real estate borrowers a reprieve, but investors counting on stable financing costs could be disappointed. Markets expect the Fed to leave rates unchanged Wednesday, then raise them by December as persistent inflation puts pressure on policymakers to act. That leaves owners and developers facing a familiar risk: short-term borrowing costs could rise even as projects and refinancing plans move forward. Construction and bridge…»