Month: November 2020

National nonresidential construction spending fell 1.6 percent in September, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.…

Groundbreakings  1. On behalf of developer Merit Partners, Stevens-Leinweber Construction began a 153.7KSF tenant improvement at 7506 W. Lincoln St., Tolleson, for MiTek. SLC will customize the facility with 4.2KSF of…

By Tasha Anderson for AZBEX  The City of Maricopa is looking to sell or lease a total of 24.17 acres…

Budget, Policy & Stimulus News  New Aid Announced as Eviction Ban Ends  Just as Arizona’s moratorium on tenant evictions ends,…

Ascent at the Phoenician, a $350M, 195-unit luxury condo community planned by Replay Destinations, recently moved a step closer to reality with the…

While Apartment List’s National Rent Index is down 1.4 percent over the last year, rents in Tucson have increased 4.7 percent since the start…

Giving Back  1. Friendship Village Tempe, City of Tempe and Ryan Companies announced the completion of the Friendship Evergreen Community Garden at Ehrhardt Park. The new, one-acre…

Sales Transactions  1. A global real estate investor purchased a 110.7KSF industrial property at 225 S. 51st Street in the Phoenix Sky Harbor submarket for an…