Author: BEX Staff

Sales Transactions 1. Mack Real Estate Group sold roughly 28 acres of vacant land in the Mack Innovation Park for $41.06M. United Integrated Services Corporation purchased the site and plans to construct a 480KSF industrial building. DAUM Commercial’s Bob Lundstedt represented the buyer 2. Rise48 Equity purchased a 194-unit apartment community at 1050 W. 8th Ave. for $33.8M in Mesa. The seller was not disclosed. 3. Cadre Holdings purchased a 70.4KSF industrial manufacturing facility at 9330 N. 91st Ave. in Peoria for $30M. The purchase was part of Cadre’s $120M acquisition of TYR Tactical. 4. AndMark Brookwood Apartments LLC recently…

By Rebekah Morris for AZBEX A pilot project has demonstrated the Integrated Design-Build contract type and alternative delivery method accelerate timelines while maintaining focus on the stated goals. In late 2023, the Arizona Department of Transportation solicited a pilot contract type of using Integrated Design-Build (aka Progressive Design-Build) to design and build a total of seven Rest Area Truck Parking Lot Areas at four locations across Arizona. The goal of the project was to reopen shuttered truck parking at locations on Interstate 40 in Parks and on Interstate 17 in Christensen, and to provide as many new truck parking spots…

By Associated Builders and Contractors The construction industry had 202,000 job openings on the last day of February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 28,000 in February and are down by 53,000 from the same time last year. “Construction hiring fell to the slowest rate on record in February,” said ABC Chief Economist Anirban Basu. “At the same time, contractors remained reluctant…

By Roland Murphy for AZBEX Personal care products manufacturer Kimberly-Clark is building a facility on 32nd Street between avenues 4E and 5E in Yuma. Phase I construction began in 2025 and will deliver 50KSF on the 120-acre industrial site. The development, known as Project Ambition and developed under the name Top Quality Products, was discussed in a March Yuma City Council work session. The Greater Yuma Economic Development Corporation, the City of Yuma, and Sternco Engineering started working with the company to select a site around 2022. According to a local news report, the company worked with the City to…

By Roland Murphy for AZBEX The site of a stalled Build-to-Rent plan at the SEC of McCartney Road and State Route 387 in Casa Grande is being reimagined as an expanded commercial and residential development in a set of requests before the Planning and Zoning Commission. Villages at McCartney Ranch was planned as a Build-to-Rent property in the McCartney II Planned Area Development, and a General Plan amendment and PAD rezoning requests were approved by the Casa Grande City Council in 2022, creating a 34.05-acre mixed-use development site. The PAD was placed in the “Community Corridor” land use designation, with…

Awards & Accolades 1. Arizona Forward hosted its 44th Annual Environmental Excellence Awards in Scottsdale. The awards given were as follows: Governor’s Award for Arizona’s Future: South Central Extension/Downtown Hub Light Rail Extension — Submitted by Valley Metro and AECOM. Grassroots Water Protection Movement in Cochise County — Submitted by the Grassroots Water Protection Movement Team. Crescordia Awards: Dairy with Purpose, United Dairymen of Arizona; SanTan Brewing Grain-to-Farms Initiative, SanTan Brewing Company; City of Tucson TREE Center, City of Tucson; Arizona Water Innovation Initiative, Arizona State University; Grassroots Water Protection Movement in Cochise County, Grassroots Water Protection Movement Team; Center…

By BEX Staff for AZBEX Since 2023, Phoenix area political and business leaders have argued most of the ozone pollution contributing to poor air quality in the region is beyond their control and is caused largely by pollution coming in from other states and Mexico. The area has struggled to meet air quality standards under the Clean Air Act because the mountains around the Valley create a “bowl” effect and trap heavier, polluted air. A local news outlet reported Environmental Protection Agency Administrator Lee Zeldin visited Phoenix last year to discuss the area’s classification under the standards. The region was…

By Roland Murphy for AZBEX Developer Dominium is planning a 323-unit multifamily development on 12.68 acres in Tolleson east of the SEC of 99th Avenue and Wolverine Way. The Tolleson City Council discussed Dominium’s plan for The Waverly in its March 24 meeting but took no action. Dominium is requesting a rezoning of the site from its current I-1 Light Industrial zoning to Planned Area Development to build the project under flexible development standards. According to the DATABEX project database, Dominium has 21 residential projects in various stages of development and construction around Arizona, totaling 6,220 units and a total…

By BEX Staff for AZBEX Acacia by Diamante Homes, a proposed 129-unit townhome development on 8.29 acres at the NEC of Acacia Road and Southern Avenue, has received a recommendation for approval from the Apache Junction Planning and Zoning Commission. An area news outlet reported Diamante Homes has requested a rezoning from the current mixture of designations for the eight-parcel site to High Density Multiple-Family Residential by Planned Development, as well as a new planned development overlay and a minor General Plan amendment. Surrounding uses include residential and commercial/event space to the north, residential to the south, vacant commercial property…

Administrators at Gilbert Public Schools have proposed a $136M bond request for this November’s election. Funds would be used to renovate facilities, upgrade security, improve the technology infrastructure and improve transportation. Staff provided an extensive presentation and justification at the recent board meeting. Members will now take time to digest and consider the submitted information. Associate Superintendent for Business Services Bonnie Betz said the district imagines spending $65M for facility upgrades and improvements, $33M on technology infrastructure, $20M for career and technical education and extracurricular space, $12M for security improvements, and $6M for buses and vehicles. The district’s deferred maintenance…