Daily News: 6-8-26

Long-running Phoenix breakfast spot fà-me café relocating to Biltmore neighborhood Fà-me café, a long-running local breakfast and lunch spot, will be moving later this year to Phoenix’s Biltmore neighborhood. The restaurant, which first opened more than a decade ago in central Phoenix, will be moving from its well-known location at 4700 N. Central Ave. to 2375 E. […]

Daily News 6-5-26

Microsoft spends $130M on Goodyear land to expand West Valley data center footprint Microsoft spent over $130 million for a 100-acre site in Goodyear in a deal that closed May 29, according to real estate database Vizzda, even as some other projects in the region are being downsized or curtailed. The tech giant previously had […]

Daily News: June 4, 2026

Developer starts demolition process for Atari Hotel site Developers have started the process to tear down a former radio station building to make way for the highly anticipated, video game-themed Atari Hotel in a bustling section of downtown Phoenix. Main & Main RoRo LLC – an entity connected to Phoenix-based Intersection Development – applied for […]

Daily News: 6-3-26

Office Visits Retreat From 2025 High Despite Modestly Stricter RTO Policies Office attendance has yet to build on last year’s gains, despite a gradual tightening of return-to-office policies among many of the nation’s largest employers. A new report from Savills found that office visits stood at 67% of January 2020 levels in March 2026, down […]

Daily News: 6-2-26

Prime Data Centers launches $3 billion investment in Avondale Prime Data Centers, a leading international developer and operator of hyperscale and purpose-built data centers, today broke ground on the first three data centers of its new 5-building 240MW IT Phoenix campus in Avondale, Arizona. Each building is a 267,000-square-foot facility, delivering 48MW of critical IT […]

Daily News: 6-1-26

Multifamily Enters a Late‑Cycle Normal The multifamily market is heading into peak leasing season, with numbers that look encouraging on the surface but lukewarm beneath. The national median multifamily rent rose 0.5% month-over-month in May to $1,379, but that remains $20 lower than the May 2025 total, according to Apartment List. In other words, this […]