Year: 2021

Sales Transactions 1. Bridge Investment Group purchased Parc Roundtree Ranch, a 275-unit, newly constructed multifamily asset in Peoria, for $88.8M.…

By Tasha Anderson for AZBEX As e-commerce continues to rise, the need for industrial development becomes greater and Arizona’s West…

By Mescal Movie Set The Mescal Movie Set, the home to the movies “Tombstone,” “The Quick and the Dead,” and…

Having served the Valley’s healthcare needs for more than 140 years and has won voter approval for $935M in funding…

After hitting a record high of $1,670.50 for 1,000 board feet in May, lumber futures contracts had dropped 68 percent…

Groundbreakings 1. Lincoln Ventures and Cross Harbor Capital Partners started construction at 811 N. 3rd Street, a 24-story, 326-unit multifamily…

By Tasha Anderson for AZBEX  COVID-19 definitely slowed certain markets down in 2020. Retailers briefly shut down and employers closed offices to allow their…

By Arizona Department of Transportation  The Final Tier 1 Environmental Impact Statement for the 280-mile Interstate 11 study corridor – stretching from Nogales to…

Litchfield Park has adopted a $45.2M Fiscal Year 2022 budget. The measure approved by the City Council is unchanged from the tentative budget…

By Colliers in Arizona  The Greater Phoenix industrial market is setting records in many categories. Construction of new projects has hit a historic…