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 […]
Aligned Data Centers moves ahead with two-building campus in Peoria A huge new data center development is in the works in Peoria. Plano, Texas-based Aligned Data Centers is planning to construct a two-building campus totaling about 916,000 square-feet, according to planning documents filed with the city. The 95-acre project site is located at 75th Avenue […]