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2019 School Bond Recap

By Rebekah Morris for AZBEX Nearly $1.3B in school bonds were approved by Arizona voters across the state in 20 different school district bond elections. The vast majority BEX

November 8, 2019 // 0 Comments

PHX Receives $24M for PSHIA Northside Rail

Source: AZ Big Media Arizona senior Sen. Kyrsten Sinema helped secure $24M from the U.S. Department of Transportation for the City of Phoenix to advance the Phoenix Sky BEX

November 8, 2019 // 0 Comments

ASU Develops Concrete to Speed Up Construction

Source: AZ Big Media An Arizona State University engineering professor is trying to promote a method of speeding up the Valley’s endless construction projects that can BEX

November 8, 2019 // 0 Comments

Real Estate Leaders See Value in Coworking

Source: Cushman & Wakefield Cushman & Wakefield, a leading real estate services firm, has released a report that reveals corporate perceptions of the value of BEX

November 8, 2019 // 0 Comments

Arizona Projects 11-08-19

Awards & Accolades 1. Engineering New Record posted a list of the ENR Southwest’s 2019 Best Projects. You can find the full list of awards here. Some of Arizona’s BEX

November 8, 2019 // 0 Comments

Kaplan Proposes Luxury Multifamily for Scottsdale

By Tasha Anderson for AZBEX Houston, Texas-based multifamily developer, Kaplan Management Company is proposing a new multifamily development within the McCormick Ranch Center BEX

November 5, 2019 // 0 Comments

Nonprofit to Develop PHX Senior Afford. Housing

By Angela Gonzales for Phoenix Business Journal Foundation for Senior Living is planning two more senior housing projects in Phoenix, but experts say it’s still not BEX

November 5, 2019 // 0 Comments

7.8 acres at Ellsworth Loop, Ocotillo to be Sold

Source: Queen Creek Independent Developers are being sought to purchase six properties totaling 7.8 acres near Ellsworth Loop and Ocotillo roads that are owned by the Town of BEX

November 5, 2019 // 0 Comments

2019 Medical Job Increase Fuels Market

Source: Colliers International in Arizona The Greater Phoenix medical office space market performed well during third quarter, rebounding from a challenging performance BEX

November 5, 2019 // 0 Comments

Industry Professionals 11-05-19

Giving Back 1. On Friday, October 25th the BEX team volunteered their time on a horticulture project with the Phoenix Zoo’s volunteer program. 2. The American Cancer BEX

November 5, 2019 // 0 Comments

Commercial Real Estate Transactions 11-05-2019

Sales Transactions 1. Crescent Communities has sold Novel Rio, a 209-unit, Class A property at 701 West Rio Salado Pkwy, Tempe to a private investor for $66.3M. 2. Velocis BEX

November 5, 2019 // 0 Comments

Master Developer Wanted for P83 Mixed-Use

By Tasha Anderson for AZBEX The City of Peoria is currently seeking a Master Developer with a “world class vision” to fund, design, construct and operate a massive BEX

November 4, 2019 // 0 Comments

No Picture

I-10/SR210 Draft EA and Initial DCR Available

Source: Arizona Department of Transportation A proposal to make improvements to two important corridors in the Tucson area is now available for public review and comment. The BEX

November 4, 2019 // 0 Comments

$35M School Bond on Nov. 5 Ballot

Source: Kingman Daily Miner Voters in the Kingman Unified School District will vote, Tuesday, November 5th, on a proposed $35M school bond. KUSD’s Governing Board has BEX

November 4, 2019 // 0 Comments

Light Industrial Outshines Mega-warehouses

Source: CBRE Even as the growth of e-commerce has lifted the entire industrial & logistics real estate sector, a sweet spot has emerged: warehouses smaller than 120KSF, BEX

November 4, 2019 // 0 Comments

Arizona Projects 11-01-19

Groundbreakings 1. SkyBridge Arizona and leading general contractor Graycor Construction Company broke ground on the first two buildings at SkyBridge Arizona. Architectural BEX

November 1, 2019 // 0 Comments

Developments Planned for Downtown Mesa

By Alison Steinbach for The Arizona Republic A boutique hotel and an array of apartments — from one focused on sustainable living to another offering an ultra modern twist BEX

October 29, 2019 // 0 Comments

PMG Airport Plans on $50M Worth of Improvements

By Brandon Brown for Phoenix Business Journal The Phoenix-Mesa Gateway Airport Authority approved a nearly $5M increase to its annual expenditure budget on October 15th, BEX

October 29, 2019 // 0 Comments

Industry Professionals 10-29-19

Giving Back 1. CBRE launched its 9th annual PurSuit of Success citywide business clothing drive on Monday, October 28th. The two-week drive, with 23 convenient drop-off BEX

October 29, 2019 // 0 Comments

Commercial Real Estate Transactions 10-29-19

Sales Transactions 1. Geringer Capital purchased Avia 266, a 266-unit multifamily community at 2354 W. University Drive, Mesa, for $45.25M. CBRE’s Tyler Anderson, Sean BEX

October 29, 2019 // 0 Comments

Ferguson Plans New Warehouse in Chandler

By Tasha Anderson for AZBEX Ferguson Enterprises, a national plumbing, HVAC and building supplier, is planning a new warehouse and storage facility on 48.3 acres west of the BEX

October 28, 2019 // 0 Comments

Park303 Becomes Major Industrial Park

Source: Lincoln Property Company A 196-acre land purchase made by a joint venture between Lincoln Property Company (LPC), Ken Roth/Roth Development Corporation and Scottsdale BEX

October 28, 2019 // 0 Comments

George Oliver Announces $53M Redev. Project

Source: George Oliver Phoenix-based developer George Oliver has completed a $38.8M, two-building acquisition and will invest almost $14M in additional capital to bring a new BEX

October 28, 2019 // 0 Comments

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