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Phoenix MOB may be Redeveloped into Hotel

By Tasha Anderson for AZBEX  Developer, The Terrance A Plas Company, recently submitted plans to the City of Phoenix to redevelop an existing medical plaza located at BEX

August 28, 2020 // 2 Comments

COVID-19 News Round-up for August 28

Budget, Policy & Stimulus News  Scottsdale Still Accepting Reimbursement Applications  Small businesses in Scottsdale can receive up to $5K in reimbursement grants for BEX

August 28, 2020 // 0 Comments

Construction Contracts in the COVID Era

By David A. Blake for GlobeSt.com  Those entering into new construction contracts should include custom language addressing the parties’ respective rights and BEX

August 28, 2020 // 0 Comments

Arizona Projects 08-28-20

Awards & Accolades  1. Three of the state’s major freeway and highway projects have earned regional awards from The American Association of State Highway and BEX

August 28, 2020 // 0 Comments

Flagstaff Requests DB Firm for Overpass Project

By Tasha Anderson for AZBEX  The City of Flagstaff has issued a Request for Qualifications for a firm to provide Design-Build services for the design and construction of an BEX

August 25, 2020 // 0 Comments

COVID-19 News Round-up for August 25

Budget, Policy & Stimulus News  $730M Coming to 90K Displaced Ariz. Workers  Nearly 100,000 Arizonans who have lost jobs during the pandemic are about to finally BEX

August 25, 2020 // 0 Comments

Axon Seeks $9.4M Deal from Scottsdale

By Wayne Schutsky for Scottsdale Progress  Scottsdale has reached a preliminary agreement with Axon to reimburse the body camera manufacturer over $9M in infrastructure BEX

August 25, 2020 // 0 Comments

ADOT Announces Disparity Study Finalization

Source: Arizona Department of Transportation  The Arizona Department of Transportation has finalized the Disparity Study report and the Federal Highway BEX

August 25, 2020 // 0 Comments

Industry Professionals 08-25-20

Awards & Accolades  1. Paul Johnson Drywall, Inc. announced that it was named to Walls & Ceilings Magazine’s 2020 Top 50 Contractors list for the sixth BEX

August 25, 2020 // 0 Comments

Commercial Real Estate Transactions 08-25-20

Sales Transactions  1. An unnamed institutional buyer purchased a 50.4KSF Target-occupied building at 1625 Camelback Road, Phoenix, for $20.3M. Newmark Knight Frank Net BEX

August 25, 2020 // 0 Comments

64KSF Hangar Project Proposed for Scottsdale

By Tasha Anderson for AZBEX  Ross Aviation Operations, LLC, a Fixed Base Operator (FBO) with locations throughout the United States, is looking to develop a new hangar BEX

August 21, 2020 // 0 Comments

COVID-19 News Round-up for August 21

Budget, Policy & Stimulus News  Three Tax Breaks for Liquidity During Crisis  Wading through the tax legislation implications of the 2017 tax reform and 2020 CARES BEX

August 21, 2020 // 0 Comments

Ariz. Construction Lost 1,200 Jobs in July

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate increased to 10.6 percent in July 2020, from June 2020, according to the BEX

August 21, 2020 // 0 Comments

Arizona Projects 08-21-20

Awards & Accolades  1. ENR’s regional Excellence in Safety Award is now in its eighth year and is honoring three projects for their outstanding safety records and BEX

August 21, 2020 // 0 Comments

Sr. Living, Multifamily Proposed for Phoenix

By Tasha Anderson for AZBEX  Developer, Dominium Management recently submitted plans to the City of Phoenix for two separate multifamily residential communities, one of BEX

August 18, 2020 // 0 Comments

COVID-19 News Round-up for August 18

Economic News  Online Shopping & Delivery Squeezes Landlords  Digital grocery sales have soared, but potential aftershocks are significant for smaller tenants BEX

August 18, 2020 // 0 Comments

VanTrust Planning 660KSP Spec Industrial in GLDE

Source: VanTrust Real Estate  VanTrust Real Estate recently acquired 76.4-acres of land at Sarival Road and Maryland Avenue along the Loop 303 corridor in Glendale.  BEX

August 18, 2020 // 0 Comments

Project Wants Mesa to Become ‘Surf City’

By Jim Walsh for East Valley Tribune  A developer already has “Surf Mesa’’ tee-shirts printed, hoping that his proposed two-acre “surf lagoon” turns into a BEX

August 18, 2020 // 0 Comments

Legislation will let La Paz Buy More BLM Land

By John Gutekunst for Parker Pioneer  The three members of the U.S. Congress that represent La Paz County have introduced legislation that could add considerably to BEX

August 18, 2020 // 0 Comments

Industry Professionals 08-18-20

Giving Back  1. During its third-quarter disbursement, the Sundt Foundation awarded more than $75K in grants to 25 Phoenix-area nonprofits and more than $23K in grants BEX

August 18, 2020 // 0 Comments

Commercial Real Estate Transactions 08-18-20

Sales Transactions  1. Apple Hospitality REIT, Inc. purchased the newly constructed, 105-room Hyatt House and 154-room Hyatt Place at 601 E. 6th Street, Tempe, for a BEX

August 18, 2020 // 0 Comments

Uncertainty Forces Economic Developers to Pivot

By Rebekah Morris for AZBEX  The diversity of East Valley cities was on full display at the August 12th, 2020 Leading Market Series discussion hosted by BEX. Economic BEX

August 14, 2020 // 0 Comments

COVID-19 News Round-up for August 14

Economic News  80 Percent of Retail Tenants Paid July Rent  Fewer than 60 percent of national brand retail tenants paid their rents in May, but 80 percent mailed BEX

August 14, 2020 // 0 Comments

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