Daily News 8-12-2026

New York-based Mack Real Estate Group’s debut industrial project in Deer Valley was a hit. Now it’s taking the same approach that it used for Mack Innovation Park off Interstate 17 and the Loop 101 as it develops the first industrial buildings alongside McCourt Partners within Halo Vista – a 2,400-acre master-planned mixed-use community surrounding Taiwan Semiconductor Manufacturing Company’s north Phoenix campus. The first phase will have seven buildings of various sizes…»

Walmart Inc. is bulking up its portfolio for future development in Phoenix. The retail giant bought 79 acres in Buckeye across two deals, paying over $20 million for the land. Walmart first acquired 39.09 acres near State Route 85 and Southern Avenue from Cardinal Capital Co. for $11.82 million on July 31. Less than a week later, Walmart paid $9.57 million for 40 acres on the southeast corner of Apache and Maricopa roads in a deal with Zeitlin Capital on August 5. The two sites are about…»

Common Bond Development Group, the developers behind some of the Southwest’s most notable retail and hospitality projects, today announced details for its latest commercial development: a premium, grocery-anchored shopping center in the master-planned community of Estrella in Goodyear, Arizona. Initiated to fill a retail void in the surrounding community, the project brings together the City of Goodyear, developer Harvard Investments, and anchor tenant Sprouts Farmers…»

A 19-story Phoenix office tower is set to be transformed into a JW Marriott hotel, bringing more luxury hospitality offerings to the downtown market. Las Vegas-based LaPour Partners is behind the reimagining of the office tower at the Arizona Center at 400 E. Van Buren St. that will become a 340-room hotel – along with new restaurants, a resort style pool, fitness center, ballroom, meeting spaces and a club lounge on the upper levels of the property. The property is across the street from...»

INDUS Realty Trust has acquired a fully leased, 418,000-square-foot Class A warehouse and distribution facility in the Phoenix market, expanding its local industrial portfolio to more than 1.5 million square feet less than two years after entering the region. The property is located in the Tolleson submarket and provides direct connectivity to Interstate 10, a major freight corridor linking Phoenix with Southern California. The modern cross-dock facility includes extensive…»