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542.5KSF Industrial Park Planned for Mesa

Plans were recently submitted to the City of Mesa for the review of a proposed industrial park... ...
Housing Proposed for Hillsong College Students in Mesa

A new multifamily residential development is being proposed at East University Drive and North Miller Street in Mesa ...
Mixed-Use Development Proposed for Old Town Scottsdale

Developers Sub4 Development and Jackson Dearborn are looking to build a new, approximately $30M mixed-use project ...

1MSF Warehouse Building Proposed for Buckeye

January 15, 2021 2

By Tasha Anderson for AZBEX A new 1.074MSF distribution warehouse building is being proposed for the NWC of Lower Buckeye Road and Miller Road. LGE Design Build, on behalf of the owner, Creation RE, LLC, …

288-Unit Multifamily Dev. Proposed for Prescott Valley

March 5, 2019 2

By Tasha Anderson for AZBEX Grounds Properties, LLC c/o Pacific RH, LLC submitted two applications to the Town of Prescott Valley for a new 288-unit multifamily development to be located at the SEC of Bradshaw …

Peoria P&Z Approves 264-unit Multifamily Project

April 17, 2020 1

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 …

Backlog Indicator Slips; Optimism Still High

April 16, 2021 0

By Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator fell to 7.8 months in March, according to an ABCmember survey conducted from March 22nd to April 5th, a decrease of ...

Commercial Real Estate News 04-06-21

April 6, 2021 0

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 ...
Commercial Real Estate News 03-30-21

March 30, 2021 0

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 ...

Backlog Indicator Slips; Optimism Still High

April 16, 2021 0

By Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator fell to 7.8 months in March, according to an ABCmember survey conducted from March 22nd to April 5th, a decrease of …

Cement Consumption to Increase

April 16, 2021 0

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 …

Trends

Kidder Mathews Issues Q1 Industrial and Office Reports

April 13, 2021 0

By Kidder Mathews Kidder Mathews has released its reports on First Quarter 2021 activity in the Industrial and Office sectors. Economic Overview Phoenix lost fewer jobs (on a percentage basis) than any other large metropolitan …