Daily News: 3-11-26
Underallocated Investors Eye CRE as Market Dynamics Shift After several years of low returns, investors have shown greater interest in commercial real estate. While 2023 and 2024 were challenging years, the downturn was largely capital markets-driven, shaped by higher interest rates and constrained liquidity rather than by deteriorating underlying supply-and-demand fundamentals. In 2026, improving debt […]
Daily News: 3-10-26
What’s that 8-story building going up in CityNorth in Phoenix? Location: Southwest corner of 56th Street and Deer Valley Drive, just north of Loop 101 in Phoenix. Description: A 240-room hotel is under construction in north Phoenix’s new CityNorth development. The hotel, which is dual-branded — AC by Marriott and Element by Westin — will […]
Daily News: 3-9-26
Managing Arizona’s most precious resource: TSMC Arizona’s thoughtful plan for managing water use As economic developers look for ways to bolster Arizona’s economy, they must balance the need to attract relocating and expanding companies with the availability of our state’s most precious resource: water. TSMC selected North Phoenix as the site of its U.S. operation […]
Daily News: 3-6-26
2 hotels coming to former Fiesta Mall, as redevelopment takes shape Two hotels are slated for Palo District, the former Fiesta Mall site in Mesa, its developers announced. Sunny Day Sports, the district’s developer, made the announcement on March 2 stating it would support the project’s “emerging role” for women’s health and elite athletics. The […]
Daily News: 3-5-26
Phoenix industrial vacancy rate falls to 9.7% Limited new developments and healthy tenant activity drove industrial vacancy in Greater Phoenix down 10 basis points during fourth quarter to 9.7 percent at the end of 2025, according to a report released by Colliers. Fourth quarter 2025 marked the third consecutive period of decline in vacancy following seven […]
Daily News: 3-4-26
99 Ranch to anchor metro Phoenix city’s 1st Asian shopping plaza Construction has begun on what will become the northwest Valley’s first major Asian shopping center, complete with a 99 Ranch Market, a Taiwanese dumpling restaurant and a Vietnamese cafe. Called The Mosaic, the center will occupy a former Sears building at Arrowhead Towne Center […]