Daily News: 4-28-26
Developer snags 38-acre Valley site for huge tech park Industrial activity remained incredibly resilient in the Phoenix metro in the first quarter of this year. In fact, industrial investment was the strongest on record, with $990.8 million in total sales volume, up 24% year-over-year, according to a Q1 report from Colliers. Some major deals included […]
Daily News: 4-27-26
Abandoned North Phoenix project gets new life as $190 million sports complex A 250,000-square-foot, nearly $190 million multi‑sport complex in North Phoenix is back on track, fulfilling the dream of SSS Partners CEO Shubham Pandey — and his neighbors. Fire ‘N Ice Arena, a nearby hotel and SSS Academy, its operator, will sit on 17.5 […]
Daily News: 4-24-26
Taiwan firm buys 97,000-square-foot Phoenix office park A Taiwan-based construction firm that specializes in mechanical, electrical and plumbing services for computer chip makers bought a huge North Phoenix office property. The company, Transdien Engineering Co., acquired a 97,372 square-foot office park off the Loop 101 and 7th Street for $19,458,000 on April 15, according to […]
Daily News: 4-23-26
Multifamily Pricing Breaks From Longstanding Rent Cap Rate Relationship For decades, multifamily investors could rely on a predictable rhythm: rising rents pushed cap rates lower and lifted asset values, while weakening rents did the opposite. That relationship is now breaking down across a growing share of major US markets, creating a more fragmented and less […]
Daily News: 4-22-26
Metro Phoenix posts strongest quarter of industrial investment on record The Greater Phoenix industrial market posted its strongest quarter on record for industrial property investment sales, according to a report released by Colliers. Net absorption during first quarter was more than three and a half times the 1.38 million square feet of new supply delivered during […]
Daily News: 4-21-26
Banner Health pays $22.13M in cash for vacant land near TSMC development Phoenix-based Banner Health — Arizona’s largest health system — just plopped down $22.13 million in cash for vacant land near the Taiwan Semiconductor Manufacturing Co. campus in north Phoenix. Closing on April 16, the 18.81-acre parcel at the southeast corner of Interstate 17 […]