Commercial Real Estate & Business News 7-18-2025

TSMC speeds up chip factory expansion in Phoenix Taiwan Semiconductor Manufacturing Co. (TSMC) is speeding up manufacturing at its massive north Phoenix campus and may accelerate the production schedule for more facilities, the company announced Thursday. Why it matters: TSMC is expanding its Phoenix footprint, expediting already ambitious plans and cementing Arizona’s status as a […]
Commercial Real Estate & Business News 7-17-2025

Here’s what’s partly behind the pickup in US apartment demand A Canadian investor’s deal to buy six apartment complexes across the Sun Belt is more than just the purchase of 1,600 apartments. It’s also the latest bet that increasing multifamily demand is set to gain more momentum in the second half of the year as […]
Commercial Real Estate & Business News 7-15-2025

Here’s what’s partly behind the pickup in US apartment demand A Canadian investor’s deal to buy six apartment complexes across the Sun Belt is more than just the purchase of 1,600 apartments. It’s also the latest bet that increasing multifamily demand is set to gain more momentum in the second half of the year as […]
Commercial Real Estate & Business News 7-15-2025

Target will open 3 new stores in these Arizona cities. Here’s what to know Shoppers in three metro Phoenix cities will soon have another option for clothes, home goods, electronics and groceries. Major retailer Target plans to open new stores in 22 states, including three in Arizona. “From the Big Apple to the California coast […]
Commercial Real Estate & Business News 7-11-2025

Office leasing diverges in the first half of 2025 Office leasing activity edged higher in the first half of the year, though overall leasing volume remains stubbornly below its typical level from the late 2010s. While a few markets appear to be in full-blown recovery, others are still off the pace, hampered by both tepid […]
Commercial Real Estate & Business News 7-10-2025

Goodyear industrial park to add 63 acres of new retail, restaurants A 565-acre mixed-use industrial development near the Goodyear Airport will include 63 acres of new retail and restaurants, the developer announced. The first retailer, a Quik Trip Travel Center, will be on about five acres of land and will begin construction by the end […]