Real Estate Roundtable Sentiment Index Holds Steady in Q1 2026
The Real Estate Roundtable (RER) said its First Quarter 2026 Sentiment Index registered 66 overall, down one point from Q4 2025, as respondents described a market in the early stages of a tentative, uneven recovery. Tariffs and interest-rate uncertainty continue to widen buyer-seller spreads and slow price discovery…»
Biltmore Fashion Park lands five new tenants as anchor tenant prepares to exit
Biltmore Fashion Park has signed several new leases and have new tenants opening in Phoenix’s long-running luxury outdoor mall. Red Development, which owns and operates Biltmore Fashion Park, announced this week five new tenants have recently opened or will be opening soon in the mall. Construction is set to start later this month on new spaces for FP Movement, the Free People brand of activewear, and Solidcore, a high-intensity workout studio…»
Arizona Cardinals break ground on performance center, headquarters that is scheduled to open in 2028
The Arizona Cardinals broke ground on a new performance center and team headquarters Thursday, moving forward in an attempt to improve practice facilities that NFL players deemed among the league’s worst in 2025. The north Phoenix development — which is expected to be ready in time for preseason training camp in 2028 — is located on a 217-acre property that was purchased at auction for $136 million…»
ASU construction projects for 2026 will include 2 iconic buildings
Work on one of Arizona State University’s most significant construction projects is scheduled to start this year, joining a lineup that includes signature new builds to support the community and renovations to improve the student experience. The new ASU Health building, a 200,000-square-foot structure in downtown Phoenix, will house the John Shufeldt School of Medicine and Medical Engineering, the Health Observatory at ASU and the School of Technology for Public Health…»
U.S. Retail Performance Expected to Remain Stable in 2026, 2027
Projections for U.S. retail metrics remain unchanged through 2026 in a new forecast from CoStar Group. Consistent with the previous forecast, which had vacancy peaking at just under 4.4%, the metric is expected to rise minimally in the first half of 2026 before falling slightly during the latter half of the year and into 2027. Although receding, store closures are expected to increase in the first half of 2026 as the bifurcated retail sales environment pushes certain tenants to trim locations…»