Phoenix
Phoenix Market Update: Office Pipeline Stays Full
Nearly 2.4 million square feet were under construction across the metro as of April, according to CommercialEdge information.
Rosendin Electric Leases 146 KSF at Phoenix-Area Industrial Park
Advised by CBRE in navigating the high-demand market, the company inked a deal at a newly delivered building in Mesa, Ariz.
JLL Income Property Trust Scores $49M for Phoenix Distribution Center
The REIT had acquired the 474,000-square-foot property for $91 million in February.
Regent Properties Lands $62M Loan for Phoenix Campus
CBRE has facilitated one of the metro’s largest office financing deals so far this year.
GTIS Forms JV to Develop Phoenix-Area Industrial Project
The $45 million development will be located within a Qualified Opportunity Zone in Goodyear.
RED Development’s Phoenix Mixed-Use Destination Nears Full Occupancy
The deal marks the downtown area’s largest office lease since the onset of the pandemic.
Mortenson JV Marks a First With Phoenix Office Building
The development will feature the Arizona debut of a cross-laminated timber structure.
ElectraMeccanica Breaks Ground on Phoenix-Area Engineering Plant
The facility in Mesa will create up to 500 jobs and is aiming to produce 20,000 of the company’s flagship vehicles every year.
Marwest Breaks Ground on 1 MSF Mesa Industrial Project
The two-building development accounts for more than half of the city’s current pipeline.
DAUM Commercial Breaks Ground on Phoenix-Mesa Airport Project
Gateway Executive Airpark will comprise 185,500 square feet of space, which is now being leased.