Commercial Real Estate & Business News – August 26, 2022
Colangelo Firm Buys Back Stake in Massive Development West of Phoenix Howard Hughes Corp. just got an assist from real estate developer and sports entrepreneur Jerry Colangelo in its plans to build one of the largest proposed master-planned developments in the United States. Colangelo’s JDM Partners…» Massive Mesa Industrial Park Leased by Amazon Sells to […]
Commercial Real Estate & Business News – August 25, 2022
Scottsdale Airpark Eyed for $1 Billion Project An estimated $1 billion multi-use development is slated for Scottsdale Airpark, bringing a five-star 223-room hotel, 1,236 condos and apartments and 100,000 square feet of retail space to 32.3 acres. The Parque, unveiled at an open house Aug. 11, calls for…» Sprouts Signs on to Anchor Reimagined Scottsdale […]
Commercial Real Estate & Business News – August 24, 2022
Laveen Village in Phoenix Could See More Housing, Commercial Development The city of Phoenix is looking to spur development across approximately 270 acres of existing agricultural land along the Loop 202 in Laveen Village.Dubbed Gila Foothills, documents submitted to the city show that a developer is proposing to create a mix of…» NAHB: Multifamily Confidence […]
Commercial Real Estate & Business News – August 23, 2022
Scottsdale Company Eyes 80-Acre Mixed-Use Project Near Talking Stick CaliberCos. Inc. is looking to bring new commercial development along the Loop 101 near Scottsdale and the Salt River Pima-Maricopa Indian Community. The Scottsdale developer is nearing closing on a land lease that would allow it to be the master developer of…» Apartment Construction Reaches a […]
Commercial Real Estate & Business News – August 22, 2022
Q2 Commercial and Multifamily Originations Up Year Over Year Commercial and multifamily borrowing saw a 19% increase in the second quarter compared with a year ago and a quarter-over-quarter increase of 15%, according to the Mortgage Bankers Association (MBA). For multifamily properties specifically…» Canadian Company Xnrgy Chooses Mesa for $145M Headquarters and High-Tech Plant […]
Commercial Real Estate & Business News – August 19, 2022
Phoenix Will Drive Industrial Growth Even as US Development Slows Down, Experts Say Growth of the Phoenix industrial market will continue to surge despite inflation and an expected national slowdown in consumer demand, experts say. The Phoenix metro is currently one of only five markets across the country that has more than…» California Pension Fund […]