Daily News: 12-15-25

Multifamily and Industrial Set for Vacancy Drops in 2026

The U.S. commercial real estate market is poised to enter 2026 with stabilizing fundamentals, stronger investor confidence and transaction volume projected to rise 15–20%. Across sectors, leasing and sales activity are gaining momentum, with pricing largely finding a floor and cap rate spreads normalizing, according to Colliers’ 2026 Commercial Real Estate Outlook Report. Multifamily remains the leader in sales volume, with occupancy expected to improve in 2026…»

Cult-favorite gas station chain Buc-ee’s sets opening date for massive Goodyear store

A highly anticipated gas station chain with a cult following is getting closer to opening its first Arizona location. Buc-ee’s is scheduled to open in Goodyear in June 2026 and will have a large grand opening and ribbon cutting ceremony on its opening day, according to city officials. The 74,000-square-foot convenience store is currently under construction on Bullard Avenue just south of the I-10 Freeway. It will include 120 fueling stations and is expected to create…»

Dallas developer plans industrial park near State Farm Stadium

Dallas-based Provident acquired about 27 acres in Glendale for almost $17 million with plans for a new industrial project. The site is located off the Loop 101 Freeway and West Montebello Avenue, right across the freeway from State Farm Stadium and the future VAI Resort. The developer purchased the property from an entity tracing to La Mesa RV Center, according to Tempe-based real estate database Vizzda. The site previously sold in 2021 for $9.7 million. Provident is…»

Phoenix logistics market shifts toward modern warehouses

Tenant demand for large logistics buildings in Phoenix stayed strong in 2025, but companies are favoring newly built properties over older ones. From the fourth quarter of 2024 to the third quarter of 2025, the Valley saw about 9.1 million square feet of net absorption for warehouses and distribution centers of at least 100,000 square feet. That’s slower than the 13 million and 10.5 million square feet recorded in 2023 and 2024, but still more than double the pre-pandemic…»

Chandler Fashion Center plans major redevelopment project

Chandler Fashion Centeris positioned to become the East Valley’s premier dining destination with a project that elevates the center’s culinary and retail mix inside and out. Today Macerich (NYSE: MAC) – one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets — announced that the center is launching a redevelopment initiative to reinvigorate the dining and entertainment district near the Harkins Theatres on the south side…»