Author: BEX Staff

Sales Transactions 1. Brookhollow sold a 279.8KSF frozen food production facility at 7000 W. Buckeye Road for $57M. The facility was purchased by SENTRE Partners. The seller and buyer were both represented by Cushman & Wakefield’s Andy Markham, Will Strong, Phil Haenel, Michael Haenel, Molly Hunt, Foster Bundy, Justin Smith, Madeline Warren and Jack Stamets. 2. Kieckhefer Properties sold the five-building industrial property at 550 S. Ellis St. in Chandler for $45M. Baron Properties purchased the property, which totals 186.3KSF. 3. Harrison Properties sold the two-building industrial property at 425 and 475 E. Buckeye Road in Phoenix for $35M. Longpoint…

By Roland Murphy for AZBEX Avondale officials are identifying the next steps to develop City-owned parcels as part of its downtown vitalization cornerstone project The BLVD. The City issued a request for proposals in February for a developer for a 16-acre commercial property with office space at Avondale Blvd. and Van Buren Street. Over the summer, Avondale announced it had selected Blueprints Capital and Whitten Development as its partners for the project, which is targeting development of an entertainment, retail and restaurant hub. Development of three parcels was granted to Blueprints Capital, while the fourth was granted to Whitten for…

By BEX Staff for AZBEX Active Infrastructure’s proposal for a 422KSF data center and five-building office development that would revitalize an unoccupied property in the South Price Road Corridor has met with resistance from City of Chandler planning staff, who say the proposal does not meet the City’s vision for the area. In 2016, Chandler was among the first municipalities in the state to restrict data center development, and planners say they want to see more dense employment uses in the corridor area than a new data center would provide. The City has worked to promote the South Price Road…

By BEX Staff for AZBEX Plans from the JR Carlson Company to enable a major mixed-use development on 353 acres at Florence Blvd. and Overfield Road will require a major plan amendment to move forward. The Casa Grande Planning and Zoning Commission was scheduled to hold the first of two required meetings about the requests this week. Meeting details were not available at press time, but no action was taken. The requested amendment would change the major plan’s land use designation from Neighborhood to Large Mixed-Use. Zoning is not directly affected by major plan status, and the site will retain…

By BEX Staff for AZBEX With the recent $60M purchase of Deer Valley Innovation Park at 2402 W. Beardsley Road, ViaWest Group and Barings LLC are planning to redevelop part of the site into a new industrial center capitalizing on the location’s proximity to the Taiwan Semiconductor Manufacturing Company campus. CBRE’s Cooper Fratt, John Werstler, Tanner Ferrandi and Connie Nelson represented ViaWest Group, Barings and seller Verde Investments. A 345KSF call center/office space will be demolished to enable construction of ReDiscover Logistics Park, which was identified in a CBRE announcement as “a four-building, Class A industrial project totaling 808KSF.” A…

Groundbreakings 1. HSL Properties has begun Phase 1 of the Oro Valley Marketplace redevelopment with Borderlands Construction as contractor and Town West as project manager. The Town Council approved the master plan in 2023 to transform the marketplace at Tangerine and Oracle Roads into a mixed-use destination. Phase 1 began Oct. 6 and includes grading, utility relocation and foundational work for Encantada at Oro Valley Marketplace, a 320-unit Class A apartment community south of Tangerine Road that is expected to be completed in 2027. Crews will also build new pedestrian connections, upgrade intersections and construct a public park. 2. Creation,…

By Roland Murphy for AZBEX –BEXclusive Google is ready to move forward with Phase III of its Project Redhawk data center campus at the NEC of Elliot and Sossaman roads. The Mesa Design Review Board will examine the building elevations and landscape design, in addition to considering alternative compliance requests, in its Oct. 14 meeting. The submittal proposes a building of nearly 283.5KSF for a new data center and supporting equipment. The planned height is 35’10”. The Phase III submission details plans for a single-story data center with two server halls, control and operations rooms, service staff support areas, and…

By BEX Staff for AZBEX The Lake Havasu Planning and Zoning Commission is set to review a proposal by property owner PF Capital Partners/The Shops at Lake Havasu and development partner COME-TOGETHER to construct a 102-unit apartment community at the retail center. Located just south of the existing Walmart, the 4.5-acre site is currently zoned General Commercial/Planned Development (C-2/PD) District. The developers are requesting plan development amendments that will allow for multifamily residential uses, increasing the maximum building height from 25 feet to 32 feet, and a covered parking exemption from the City’s multifamily requirements. The Today’s News Herald outlet…

The Florence Planning and Zoning Commission recommended a major amendment to the Skyview Farms Planned Unit Development that could stretch the master-planned community to 2,465 acres. Currently, the project has the necessary entitlements for 8,843 residential units across two existing planned unit developments. If the amendment is approved, it will add an additional 600 acres. Of the new acreage, 200 will be annexed from Pinal County. The total number of residential units is set to expand to 9,975. Additionally, the amendment would introduce mixed-use commercial zones. Colliers Engineering & Design represents the applicant. The plans feature a central core that…

By National Association of Home Builders The U.S. Senate on Oct. 9 passed National Association of Home Builders-supported housing legislation that offers meaningful solutions to increase the nation’s housing supply by addressing key concerns around zoning and land-use policies, the aging housing stock, rural housing and multifamily housing. “NAHB applauds the Senate for passing a bipartisan housing package to fix the housing crisis by addressing our nation’s critical lack of housing supply,” said NAHB Chairman Buddy Hughes. “Building more homes is the only way to ease America’s housing affordability crisis, and the ROAD to Housing Act includes favorable provisions aimed…