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
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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
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
Three 2021 Growth Trends to Watch in Surprise
By Jeanine Jerkovic for City of Surprise When you’re a city called “Surprise,” it’s safe to say that constant change is a bit of a norm, however 2020 accelerated BEX
Developer Buys Site for Tucson Self-storage
By NAI Horizon The NAI Horizon Self Storage Group represented the buyer, Vault at Houghton Road LLC, in the $690K purchase of 10.4 acres of land at the SEC of Golf BEX
Plans Resubmitted for SDLE Multifamily Dev.
By Tasha Anderson for AZBEX Kaplan Management Company has recently resubmitted their plans for a new multifamily development within the McCormick Ranch Center in BEX
Phoenix Retail Posts Positive Net Absorption in Q3
Source: Colliers International The Greater Phoenix retail market posted positive net absorption in third quarter, despite the continued impact of the COVID-19 pandemic. BEX
PHX Industrial Market Surges During Pandemic
Source: Colliers International The Greater Phoenix industrial market has surged during the COVID-19 pandemic, driven largely by the country’s increased use of BEX
Amazon Discussing Retail-to-Distribution Conversions
By Joe Dyton for The Broker List Mall owner Simon Property Group and Amazon are in talks to turn J.C. Penney and Sears stores into distribution BEX
Glendale to Welcome Crystal Lagoons Island Resort
Source: Glendale Office of Economic Development Global entertainment and experiential leader Crystal Lagoons® has chosen Glendale for a one-of-a-kind attraction. ECL BEX
40th Street Quik Trip Plan Nears Approval
By Paul Maryniak for Ahwatukee Foothills News More than 18 months after homeowners in the 185-home Foothills Paseo II subdivision launched an effort to derail a plan for Quik BEX
Construction Output Drops Significantly
Source: Associated Builders and Contractors The U.S. economy contracted at an annualized rate of 32.9 percent during the second quarter of 2020, according to BEX
Avondale Seeking Mixed-Use Ideas
By Corina Vanek for Phoenix Business Journal The City of Avondale is seeking ideas from private developers about how to best develop 34 acres of city-owned land into a BEX
Retail & Hospitality to Get Worse Before Improving
By Rebekah Morris for AZBEX On Wednesday, July 22, 2020, BEX held a panel discussion regarding upcoming retail, hospitality, and entertainment projects in the Valley and BEX
Flagstaff P&Z OK’s Multifamily Mixed-Use Project
By Tasha Anderson for AZBEX An undeveloped, forested 13.65-acre site at the NWC of Fourth Street and Butler Avenue in Flagstaff may become the site of a new BEX
1MSF Stadium Point Gets Master Developer
By Corina Vanek for Phoenix Business Journal A massive mixed-use development with Class A office, hotel, retail and apartment buildings near Peoria Sports Complex is one BEX
New Auto Dealership Proposed for Phoenix
By Tasha Anderson for AZBEX Withey Morris, PLC, on behalf of owner, Howard A. Keyes with Keyes Automotive, recently submitted plans to the City of phoenix for the BEX
Office Bldgs Proposed for Kierland Blvd in Phoenix
By Tasha Anderson for AZBEX Plans to redevelop a 6.78-acre property at the SEC of Marilyn Road and Kierland Boulevard into a Class A office development with ground BEX
New Mixed-Use Development Proposed for Gilbert
By Tasha Anderson for AZBEX Pew & Lake, PLC, on behalf of The Victoria Lund Foundation, recently submitted documents to the Town of Gilbert for the development of a new BEX
Multifamily Develop. Planned near AZ Canal in SDLE
By Tasha Anderson for AZBEX Stockdale Capital Partners has recently submitted plans to the City of Scottsdale for a new multifamily mixed-use project to be located just east BEX
Rio Nuevo Projects Move Forward
Source: Real Estate Daily News Work at 75 E. Broadway could soon recommence after the Rio Nuevo Board reached an agreement with the developers of the mixed-use project BEX
SkyBridge Creates Opportunity to Grow Other Sectors
By Erin Thorburn for AZ Big Media Erik Lee, executive director for North American Research Partnership, summarizes the impact very succinctly. “SkyBridge is the most BEX
Experts Tout a Hot Arizona Market at Forecast Event
By Peter Madrid for Institute of Real Estate Management Greater Phoenix Chapter The theme of the 13th Annual IREM-CCIM Economic Forecast was “The Real Scoop.” Judging by BEX
Metrocenter: Seeking a Revival
By Corina Vanek for Phoenix Business Journal Once upon a time, Metrocenter was the king of the Valley’s shopping malls. Now, the nearly 47-year-old mall just off Interstate BEX
2020 CRE Outlook: How Phoenix Shapes Up
By Steve Burks for AZ Big Media Consistency may be boring, but when it comes to the commercial real estate outlook and the Greater Phoenix commercial real estate industry, no BEX
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