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195 Single-story Rental Community

By Tasha Anderson for AZBEX New York-based, GTIS Partners is requesting a site plan review with the City of Mesa for the development of a new single-story, for rent community BEX

January 24, 2020 // 0 Comments

Ariz. Construction Gained 1,100 Jobs in December

By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate decreased to 4.6 percent in December 2019, from 4.8 percent in November 2019, according to the BEX

January 24, 2020 // 0 Comments

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ABC’s Const. Backlog Indicator Dips in Nov.

Credit: Associated Builders and Contractors Source: Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator fell BEX

January 24, 2020 // 0 Comments

Arizona Projects 01-24-20

Groundbreakings 1. Palmer Development Group and Dominion Management Company have broken ground on its +/-250KSF mixed-use project called The Edge, at the NEC of 90th Street BEX

January 24, 2020 // 0 Comments

One Hundred Mill Hotel to Bring 237 Rooms

By Sammy Williams for AZBEX On January 14th, the City of Tempe Development Review Commission approved a development plan review for a new 13-story, 237-key hotel located at BEX

January 21, 2020 // 0 Comments

Killip School to be Replaced by FUSD

By Kaitlin Olson for Arizona Daily Sun Following a November work session, Flagstaff Unified School District has selected Killip Elementary School for replacement using funds BEX

January 21, 2020 // 0 Comments

Metrocenter: Seeking a Revival

By Corina Vanek for Phoenix Business Journal Once upon a time, Metrocenter was the king of the Valley’s shopping malls. Now, the nearly 47-year-old mall just off Interstate BEX

January 21, 2020 // 0 Comments

EFI Leasing Industry Confidence Up

Source: Equipment Leasing & Finance Foundation The Equipment Leasing & Finance Foundation has released the January 2020 Monthly Confidence Index for the Equipment BEX

January 21, 2020 // 0 Comments

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Industry Professionals 01-21-20

1. Clear Title Agency. Credit: Clear Title Agency Giving Back 1. Clear Title Agency of Arizona has launched into 2020 by making a significant investment in the Central City BEX

January 21, 2020 // 0 Comments

Commercial Real Estate Transactions 01-21-20

Sales Transactions 1. The Blackstone Group purchased the 1,003-room Sheraton Phoenix Downtown hotel, located at 340 N. 3rd Street, from Marriott for $268M. In recent months BEX

January 21, 2020 // 0 Comments

Dot Foods Expanding Operations in Mohave County

Source: Arizona Commerce Authority Dot Foods, the largest foodservice redistribution company in North America, has announced it’s expanding its footprint in Arizona. The BEX

January 17, 2020 // 0 Comments

2020 CRE Outlook: How Phoenix Shapes Up

By Steve Burks for AZ Big Media Consistency may be boring, but when it comes to the commercial real estate outlook and the Greater Phoenix commercial real estate industry, no BEX

January 17, 2020 // 0 Comments

Arizona Projects 01-17-20

Awards & Accolades 1. Gilbane Building Company, together with design partner DLR, accepted the ENR Southwest “Best Project Award” in Healthcare for their recent MIHS BEX

January 17, 2020 // 0 Comments

Ryan Planning PHX Assisted Living Facility

By Tasha Anderson for AZBEX A new assisted living, independent living and memory care development to be located at the former L.A Fitness site at the SEC of 32nd Street and BEX

January 14, 2020 // 0 Comments

PVB Expands Headquarters in Marana

Source: Arizona Commerce Authority PVB Fabrications, Inc. (PVB), primarily a multi-disciplined general contractor and provider of quality welding and fabrication services for BEX

January 14, 2020 // 0 Comments

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Funding Coming to Modernize San Luis I Port

Source: Real Estate Daily News Governor Doug Ducey applauded the passage of $152.4M in new federal funding to modernize the San Luis I Port of Entry in Southern Arizona. BEX

January 14, 2020 // 0 Comments

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AZ Lawmakers Face Tough Questions About Water

By Howard Fischer for Capitol Media Services Just a year after approval of the much-heralded Drought Contingency Plan, Arizona lawmakers once again face tough questions of BEX

January 14, 2020 // 0 Comments

Industry Professionals 01-14-20

Awards & Accolades 1. Cushman & Wakefield announced that Larry Downey, Vice Chairman at Cushman & Wakefield in Phoenix, has been awarded the designation of BEX

January 14, 2020 // 0 Comments

Commercial Real Estate Transactions 01-14-20

Sales Transactions 1. The ConAm Group purchased Silverbell Springs, a 290-unit multifamily community at 7759 N. Silverbell Rd., Marana, for $50.25M. Tyler Anderson, Asher BEX

January 14, 2020 // 0 Comments

BEX Construction Activity Forecast

By Tasha Anderson for AZBEX Despite construction employment and activity levels not reaching pre-recession peak levels, 2019 was still a very good year and 2020 is poised to BEX

January 10, 2020 // 0 Comments

Governor Seeks US Funding for Tonto Creek Bridge

Source: Office of the Governor Doug Ducey Governor Doug Ducey sent a letter to U.S. Department of Transportation Secretary Elaine L. Chao urging her to prioritize funding for BEX

January 10, 2020 // 0 Comments

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