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COVID-19 News Round-up for January 26th

Economic News  P3s Could Help Local Governments   The pandemic has been devastating to state and local government revenues around the country due to lost tax revenues and BEX

January 26, 2021 // 0 Comments

Industry Professionals 01-26-21

Boards & Commissions  1. Libby Ekre, principle and certified property manager with MEB Management Services, will be elected to the national position as secretary and BEX

January 26, 2021 // 0 Comments

Commercial Real Estate News 01-26-21

Sales Transactions  1. TerraCap Management, LLC purchased Anchor Centre, a 333KSF, Class A office asset at 2201 and 2231 E. Camelback Road, Phoenix, for $103.5M. BEX

January 26, 2021 // 0 Comments

Dual-Branded Hotel Proposed for Mesa

By Tasha Anderson for AZBEX  A new dual-branded hotel is being proposed for a +/- 2.5-acre infill site south of the SEC of Power and Ray Roads in Mesa.  Earl & Curley, BEX

January 22, 2021 // 0 Comments

COVID-19 News Round-up for January 22nd

Economic News  Tempe Chamber Focused on Help  Like its economic development and businesses assistance peers around Arizona and the U.S., the Tempe Chamber of BEX

January 22, 2021 // 0 Comments

Tempe Developments Arise from Insight Sale

By ViaWest Group and Colliers International  ViaWest Group of Phoenix has purchased three real estate assets in Tempe from Insight Enterprises, Inc. for $26.85M. The BEX

January 22, 2021 // 0 Comments

Retail Expansion Planned for San Tan Valley Site

SimonCRE recently purchased a 13.5-acre multi-pad center at the SEC of Ocotillo and Ironwood roads in San Tan Valley and is planning a retail project valued at $20M at BEX

January 22, 2021 // 0 Comments

Phoenix 3rd Most Favorable Development Market

By CBRE  Phoenix offers one of the most favorable development markets for commercial construction in the U.S. according to CBRE’s U.S. Development Opportunity Index. The BEX

January 22, 2021 // 0 Comments

Arizona Projects 01-22-21

Groundbreakings  1. Bethany Home Industrial, LLC broke ground January 19th on the 653KSF Brooklyn Bedding/Dreamfoam HQ and Manufacturing Building in Glendale. The design BEX

January 22, 2021 // 0 Comments

BEX Predicts Positive Growth for 2021

By Tasha Anderson for AZBEX  Despite the collective gut-punch that COVID-19 brought in 2020, Arizona’s state economy and construction industry has done really well, and BEX

January 19, 2021 // 0 Comments

COVID-19 News Round-up for January 19th

Economic News  Student Housing Seeing Slow Pre-leasing  Off-campus student housing properties around the country reported just 25.9 of Fall 2021 units had been pre-leased BEX

January 19, 2021 // 0 Comments

CBRE Releases PHX Q4 Industrial and Office Data

CBRE has released its reports on the Industrial and Office markets’ Phoenix-area activity in the Fourth Quarter.  Industrial saw a decrease in quarter-over-quarter BEX

January 19, 2021 // 0 Comments

Industry Professionals 01-19-21

Awards & Accolades  1. AZ Business Magazine published the 10 Young Business Leaders to Watch in 2021. The CRE leaders on this list include:  Adam Finkel, BEX

January 19, 2021 // 0 Comments

Commercial Real Estate News 01-19-21

Sales Transactions  1. MG Properties purchased Andante Apartments, a 576-unit, 32-building complex at 15801 S. 48th Street, Phoenix, for $145.25M, from Security BEX

January 19, 2021 // 0 Comments

1MSF Warehouse Building Proposed for Buckeye

By Tasha Anderson for AZBEX A new 1.074MSF distribution warehouse building is being proposed for the NWC of Lower Buckeye Road and Miller Road. LGE Design Build, on behalf of BEX

January 15, 2021 // 2 Comments

80KSF Medical Office Building Coming to Gilbert

By JLL Medical office experts in the Phoenix office of JLL have been selected to market approximately 80KSF of new medical office space planned for one of the last Val BEX

January 15, 2021 // 0 Comments

Contractor Optimism, Backlog Both Up

By Associated Builders and Contractors Associated Builders and Contractors has reported its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an BEX

January 15, 2021 // 0 Comments

Pandemic’s Q4 Phoenix Office Impacts

By Colliers International Impact of the COVID-19 pandemic has clearly arrived in Phoenix office market statistics for fourth quarter 2020. The city had its first quarter of BEX

January 15, 2021 // 0 Comments

Arizona Projects 01-15-21

Groundbreakings 1. PVB Fabrications, Inc. (PVB) broke ground last week to prepare for its headquarters expansion at 11871 N. Breakers Road Marana. Initially, the new BEX

January 15, 2021 // 0 Comments

COVID-19 News Round-up for January 12th

Budget, Policy & Stimulus News  Who’s First in Line for New PPP Loans?  No launch date has been set by the Small Business Administration for when it will start BEX

January 12, 2021 // 0 Comments

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