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: 12-9-25
$60M retail project going up at Ellsworth and Elliot roads in Mesa Location: Northeast corner of Ellsworth and Elliot roads. Description: East Gate Plaza is a $60 million retail project led by Scottsdale-based Diversified Partners. The 17-acre project “is designed to meet growing demand for high-quality retail, dining and wellness experiences in the rapidly expanding […]
Daily News: 10-28-25
Four Factors Bolster CRE Investors’ Near-Term Outlook Investors have begun taking a more bullish approach to commercial real estate, Marcus & Millichap reported. A quartet of macroeconomic factors bodes well for the investment outlook, the company said in a new Research Brief. One is a reset in pricing. With cap rates up by 80 to […]
Daily News: 10-22-25
Colangelo-led JDM Partners hires co-CEO, eyes Sun Belt expansion JDM Partners, the real estate acquisition and development firm led by Jerry Colangelo, appointed Torry Berntsen as co-CEO, who will serve alongside co-CEO and founding partner Mel Shultz, the company announced Monday. The company owns high-profile properties around the state and country, including the Wigwam Resort, […]