What’s that corporate campus going up along Loop 101 in north Phoenix?
Location: 20650 N. 56th St., just north of Loop 101 and south of Deer Valley Drive in north Phoenix. Description: Sprouts Farmers Market is building a new headquarters along north Phoenix’s burgeoning Loop 101 corridor. As part of the CityNorth Development’s growing footprint, the grocer’s 180,000-square-foot campus will include a large office building and new Sprouts store, as well as retail and restaurant space. Inside the 144,500-square-foot corporate…»
Phoenix airport hotel sells for $18.75 million
Gurbir Sandhu Company acquired the Home2 Suites by Hilton Phoenix Airport South from Baywood Hotels for $18.75 million. The sale represents about $182,039 per room for the 103-room hotel. The buyer secured a $12.19 million loan from Wells Fargo Bank to finance the acquisition of the four-story hospitality property. Built in 2019, the 60,357-square-foot hotel is located at 4725 E. Broadway Road in Phoenix. Baywood Hotels, the seller, is one of the fastest-growing hotel…»
Someburros accelerates growth, eyes multiple Phoenix-area openings by 2026
A longtime Valley-based Mexican food chain has plans to open several locations in the coming months across the Valley. Someburros is the in the middle of a large expansion process and has recently signed deals in Maricopa, Peoria and Surprise with new restaurants expected to open in 2026. Most recently, Someburros acquired 1.21 acres in Maricopa at the northwest corner of Maricopa-Casa Grande Highway and Stonegate Road. The site is within…»
The 5 biggest commercial real estate deals in October
Scottsdale on Main, a 119-unit, luxury mid-rise multifamily asset in Scottsdale that sold for $66.1 million — or $555,462 per unit — was one of the five biggest commercial real estate deals in October. Here are the five biggest commercial real estate deals in Metro Phoenix from October of 2025, according to data collected by the commercial real estate tracking website Vizzda and AZRE magazine. 1. Glendale land Sale price: $118,115,902…»
Data center in Chandler sells for $130 million as vacancy rates dip below 2% in Phoenix market
A 191,000 square-foot data center in Chandler and a substation on-site sold for $130 million on Oct. 30. Lincoln Property Company scooped up the complex from CBRE Global Investment, and it plans to not only build out unusable parts of the existing facility, but to also erect an entirely new data center building at the property, at 2500 W. Frye Road. The purchase is part of a strategy Lincoln is employing nationally as it looks to identify smaller pockets of power available…»