Daily News: 4-6-26
That dormant building on Camelback Road in Phoenix? It may soon open Residents could begin moving in to One Camelback, the long-dormant office-to-apartment conversion project on Central Avenue and Camelback Road, by the end of this year. Much of the work is nearly done at the long-awaited development, with many of the luxury apartment units […]
Daily News: 4-3-26
Luxury apartments add to fast-growing Phoenix city Companies and Merit Partners recently wrapped a more than four-year journey to open Stately Avondale in Avondale, Arizona. Renters began moving into the 286-unit development at 12375 W. Van Buren St. in late March. The units are a mix of primarily one- and two-bedroom apartments and some three-bedroom […]
Daily News: 4-2-26
Commercial Real Estate Rapid data center expansion could strain city budgets, create credit risk The explosion in demand for data center capacity and rapid planning to get projects off the ground could pose a risk to local governments’ creditworthiness. As developers and investors tout tax revenues for communities, the facilities could also drive economic concentration […]
Daily News: 4-1-26
Phoenix restaurant group TPQ Foods preps new West Valley eateries TPQ Foods, the Phoenix-based restaurant group behind concepts such as Pa’La Wood-Fired Kitchen and Tortas Paquimé, is preparing to open two new restaurant concepts in the West Valley. Later this spring, Magdaleña, a wood-fired dining concept will open in Goodyear. And in Glendale the company […]
Daily News: 3-31-26
Office Vacancy Rate Sees First Significant Decline in Years Even in a market still defined by uncertainty, February 2026 has a glimmer of encouragement for the U.S. office sector. According to Yardi’s CommercialCafe, national office vacancy averaged 17.6% that month—a two-percentage-point improvement from a year earlier. The decline suggests some long-awaited stabilization, though an elevated […]
Daily News: 3-30-26
First Costco on Native American land in US coming near Scottsdale Costco will begin construction this summer on land in the Salt River Pima-Maricopa Indian Community near Scottsdale, part of the Scottsdale AutoShow at Salt River. The Costco will total 162,000 square feet and employ about 250 people full time, said Bryan Meyers, community manager […]