Daily News: 7-8-26

Land primed for retail near TSMC in Phoenix bought by East Coast firm Taicoon Property Partners, a Washington D.C.-based real estate firm with ties to Taiwan, placed the winning bids in two Arizona State Land Department auctions for land in north Phoenix primed for retail and other uses. Phoenix Dove Valley LLC, an entity of […]

Daily News: 7-7-26

Phoenix apartment rents post consecutive monthly declines Following modestly positive performance through the first few months of the year, Phoenix multifamily rents retreated in the second quarter. The average asking rent fell 0.1% in June, matching May’s decrease and marking the third-straight month without positive movement. As a result, the Valley notched a 0.2% decline […]

Daily News: 7-2-26

Safeway, retail and restaurants part of $45 million Buckeye project A Safeway-anchored shopping center will begin construction early next year in Buckeye, bringing the first grocery store to the Festival Ranch community in the northwest Valley. The development, called Festival Ranch Marketplace, will be built by Pederson Group, the developer of several other grocery-anchored shopping […]

Daily News: 7-1-26

AI firm Fluidstack lands 1.1 million square feet for Phoenix expansion Fluidstack, a rising tech company with heavyweight artificial intelligence clients including Anthropic and Nvidia, is expanding to west Phoenix. The New York-based company signed on to lease the entirety of two warehouses at Lincoln Property Co.’s Luke Field industrial park in Glendale, Arizona, for […]

Daily News: 6-30-26

First Industrial Project Planned at Halo Vista The first industrial development proposed for the 2,400-acre Halo Vista master planned area in north Phoenix has been submitted to the City’s review and approval process. Halo Vista is under development by a partnership of Mack Real Estate Group and McCourt Partners. Documents call for a three-phase development […]

Daily News: 6-29-26

Phoenix’s Housing, Industrial Demands Are Driving Surge In Conversions Office conversions in Phoenix are mounting as investors seek to leverage a swath of outdated buildings to meet the needs of a growing population and recovering industrial market. Since 2024, 3.3M SF of office space has been converted or demolished in metro Phoenix, more than the […]