Daily News: 11-20-25
$1 billion Scottsdale development on former CrackerJax site nears key approval Plans for the $1 billion development of the former CrackerJax site in Scottsdale could move forward if they are approved at a city meeting this week. The Scottsdale Development Review Board will vote Nov. 20 on the first phase site plans for The Parque. […]
Daily News: 11-19-2025
Empty shopping center at Tempe light rail station getting apartments, grocery A vacant shopping center at the Dorsey Lane light rail station in Tempe is slated to become affordable housing and a new grocery store, according to a plan approved by Tempe City Council. Tempe owns two noncontiguous parcels near Apache Boulevard and Dorsey Lane. […]
Daily News: 11-18-25
TSMC, Pulte Homes face pushback as 7,000-acre NorthPark project moves forward Dozens of north Phoenix community members packed a village planning committee meeting Thursday night and spoke out against a massive mixed-use development planned near Taiwan Semiconductor Manufacturing Co.’s expanding complex. The development, named NorthPark, is spearheaded by Pulte Homes and TSMC at the southwest […]
Daily News: 11=17-25
Tempe approves 400-unit affordable housing project along light rail corridor A Tempe neighborhood along the light rail is about to get hundreds of affordable apartments and a grocery store in an area that’s become a food desert. Tempe City Council held a final hearing Nov. 13 to discuss Dorsey Station — a 400-unit development that […]
Daily News: 11-14-25
Phoenix medical office market shows further signs of stabilization in 2025 The Phoenix medical office market has performed well so far this year, bouncing back after a challenging 2024, according to CoStar’s latest Medical Office Report. Over the past 12 months, occupied space increased by about 305,000 square feet. This is a turnaround from 2024, […]
Daily News: 11-13-25
CRE Interest Rates Fall: Agencies, Life Companies Set Pace for Lower Borrowing Costs Interest rates on CRE loans are lower on average today than they were last year, when the 10-year Treasury yield fell to the 3.6% range, according to a new report from Marcus & Millichap. A few factors are pushing CRE interest rates […]