Trends

Nonresidential Construction Spending Down in May

By Associated Builders and Contractors  National nonresidential construction spending declined 0.7 percent in May, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5B for the month.  Spending

Planning & Development

Viavi to Build New HQ in Chandler

By Arizona Commerce Authority  Viavi Solutions Inc. announced its Optical Security and Performance Products segment plans to establish a new manufacturing facility in Chandler to support growing demand for its technologies. VIAVI also plans to transition its headquarters to the

Planning & Development

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 portfolio includes Insight’s corporate headquarters building situated on a 19-acre site at 6280 S. Harl Avenue. ViaWest plans