Daily News 10-6-2026

San Manuel Investment Authority (SMIA), an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation (Nation), through its affiliated entities, announced today its acquisition of Fairmont Scottsdale Princess in Scottsdale, Arizona. “We are delighted to welcome the staff and guests of Fairmont Scottsdale Princess into the portfolio of luxury non-gaming properties owned by our Tribe,” said Lynn Valbuena, Chairwoman of the San Manuel Investment Board…»

Here are the five biggest commercial real estate deals in Metro Phoenix from September of 2026, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine. 1. 400 S. 99th Ave. — Alberston’s Distribution Center. Sale price: $85,273,973. Location: 400 S. 99th Ave., Tolleson

Property description: 881,513-square-foot distribution warehouse. Buyer: Blue Owl Capital. Seller: BrightSpire Capital. Lenders: Wilmington Trust, KeyBank Real…»

A 20-story downtown Phoenix office tower traded hands on Oct. 2. One North Central, which totals 429,120 square feet and sits at the southeast corner of Central Avenue and Adams Street, sold to California-based AXS Opportunity fund in an all-cash deal. The deal marks the buyer’s first office property investment in Arizona, according to Newmark. Newmark’s Chris Marchildon, CJ Osbrink and Barry Gabel represented the seller in the transaction. While Newmark declined to identify the…»

DSV, a Danish transport and logistics company offering global services by road, air, sea and train, has signed a new lease for 251,216 square feet of industrial space at Litchfield Palms Logistics Park in Goodyear, Arizona. The building is owned by Johnson Development Associates, a Spartanburg, South Carolina-based real estate developer of industrial, multifamily and self-storage properties on a nationwide scale.

Founded in1976, DSV operates in more than 80…»

The apartment market entered the fall leasing season with a modest national rent decline, but the underlying data point to a market that may be gaining firmer footing after a prolonged period of heavy new supply. National apartment rents fell 0.08% in September to an average of $1,752, down from August’s revised $1,753, according to Apartments.com. The decline ended nine consecutive months of flat or positive monthly rent changes dating to the second half of 2025.For multifamily…»