Real Estate

Juniper Square rendering courtesy of Dominium, Inc. By AZ Big Media The Washington, D.C. office of leading financial services provider Merchants Capital today announced it has secured more than

By Peter Grant | Wall Street Journal Turmoil in commercial real estate is sending jitters through regional banks and other lenders. But one group is pleased with the turbulence:

By Jodie Newell | Pinal Central CASA GRANDE — Mayor Craig McFarland is not happy about proposed Arizona legislation that would take away some local control in development. The bill, known

By Adrian Skabelund | Arizona Daily Sun Flagstaff City Council moved a measure forward to add residential uses to areas normally designated for public facilities or other public uses. The measure comes as the city continues to struggle to find solutions

A conceptual rendering via Creation Equity By Ron Davis | Phoenix Business Journal The Valley’s tightest industrial market will see a new large building for rent by early 2025.

By Jakob Thorington | Arizona Capitol Times A bipartisan housing bill is moving through the state legislature that would allow commercial properties to be redeveloped

(Rendering via IndiCap) By Ron Davis | Phoenix Business Journal Developer IndiCap is looking to delay construction on the second phase of a major industrial park in southeast Mesa until next year. Deutsch Architecture

By J. Graber | Scottsdale Progress A traffic study to determine where a new parking structure should go in Scottsdale’s Old Town has been suspended. The price of the study right now would be “well in excess of several hundred thousand

By E.B. Solomont | Wall Street Journal Financier John Donahue was flying above Naples, Fla., in the 1980s when, according to family lore, he spotted an uninhabited piece of

City of Casa Grande By Jodie Newell | Pinal Central CASA GRANDE — The City Council after much deliberation flatly rejected a 120-unit apartment complex dubbed The Lofts at

Optima McDowell Mountain Village. (Rendering provided by Optima) By AZRE Award-winning real estate development firm, Optima is partnering with Mitsui Fudosan America, Inc. for the development of

By Ron Davis | Phoenix Business Journal A mixed-use project at a key intersection in the southeast Valley took a big step forward on Jan. 31 — and has

By Ron Davis | Phoenix Business Journal Todd Ostransky grew up watching his father swing a hammer. He now oversees the development of some of the Valley’s largest industrial parks. Ostransky, the

By Wall Street Journal Financier John Donahue was flying above Naples, Fla., in the 1980s when, according to family lore, he spotted an uninhabited piece of land along the Gulf of

GOOGLE MAPS By Audrey Jensen | Phoenix Business Journal A national firm that has been expanding its presence in the Valley has proposed a 30-story mixed-use tower in the Roosevelt Row area of downtown

By Bob Christie, Capitol Media Services and Tom Scanlon, Scottsdale Progress Scottsdale elected officials say Republicans who control the Arizona Legislature are overreaching in trying – again

By Audrey Jensen | Phoenix Business Journal The city of Phoenix is set to consider a major expansion of its central business district to promote development opportunities in and around downtown. Phoenix City Council is scheduled to vote on a

Photo: Courtesy of Steel + Spark By Jessica Boehm | Axios Phoenix-based Steel + Spark — which constructs off-grid backyard casitas and homeless shelters out of shipping containers

VIA AMKOR TECHNOLOGY By Amy Edelen | Phoenix Business Journal Amkor Technology’s plans for its huge semiconductor advanced packaging and testing facility in Peoria are moving at “full

Credit: EJM Development Co./Berry Riddell/City of Goodyear By Roland Murphy | AZBEX While the approval of Arizona’s first Buc-ee’s convenience store was getting all the

City of Phoenix By Bisnow The proposed East Thistle Data Center project would see five buildings, each totaling around 207K SF, constructed on around 40 acres in southeast Phoenix’s Ahwatukee neighborhood. First reported

The proposed Stadium Point mixed-use development in Peoria is slated to break ground by the summer of 2024. Rendering via Steinhauer Properties. By Audrey Jensen