Trends

Input Prices Up Again in May

By Associated Builders and Contractors Construction input prices increased 4.6 percent in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index

Local News

Arizona Projects 06-18-21

Groundbreakings 1. Sundt Construction, Inc. recently returned to the University of Arizona campus to renovate the Old Chemistry Building it originally built in 1936. The renovation will consist of 55KSF. Additionally, the team will add

Local News

Arizona Projects 06-11-21

Groundbreakings 1. Taiwan Semiconductor Manufacturing Co Ltd has started construction in Phoenix where it plans to spend $12B to build a computer chip factory. The planned factory remains on track to start volume production of

Commercial Real Estate

Commercial Real Estate News 06-08-21

Sales Transactions 1. A private party purchased Copper Falls, a newly constructed, 240-unit multifamily asset in Glendale, for $72M. Steve Gebing and Cliff David, Executive Managing Directors with Institutional Property Advisors (IPA), a division of