Planning & Development

Peoria P&Z Approves 264-unit Multifamily Project

By Tasha Anderson for AZBEX  Meyer Development Services, Ltd, on behalf of the owner, Sedona 43 Holdings, LLC, submitted plans to the City of Peoria for the development of a new 14-building multifamily project called Peoria Commons.  A request for an amendment

Trends

  • Sales Transactions 1. BPM Real Estate Group purchased PetSmart’s corporate headquarters campus at 19601 N. 27th Avenue, Phoenix, for $110M. The property includes three, four-story buildings as well as a six-level parking structure. CBRE’s Barry Gabel, Chris Marchildon and Will Mast along with Newmark’s Kevin ...
  • Sales Transactions 1. A Chicago-based investment advisor purchased the first phase of the Lotus Project in Chandler, for an undisclosed amount, from Conor Commercial Real Estate and joint venture partner WHI Real Estate Partners. The newly built industrial park includes four state-of-the-art advanced manufacturing and ...

Trends

Trends

Cement Consumption to Increase

Portland Cement Association Market Intelligence Group’s Senior VP and Chief Economist Ed Sullivan recently presented their annual spring cement consumption forecast, predicting an increase in cement consumption for 2021 and 2022. “Remarkably, U.S. cement consumption