Diversity and sustainability-focused industrial real estate firm DIV Industrial plans to develop Sarival Business Park on 47.35 acres it recently acquired in Goodyear. Groundbreaking is scheduled to commence late Q1 2024, with total project completion anticipated in Q1 2025. At completion, the modern LEED certified 847,988-square-foot Class A industrial complex will include … [More]
East Valley’s Most Sustainable Multifamily Apartments Opens in Mesa
The recently completed ECO MESA apartment building has transformed a “postage-stamp”-sized infill parcel of land in Downtown Mesa into a community that boasts some of the most sustainable features in the industry. The community of 102 residential units — studio, one-bedroom and two-bedroom apartments — was built with a number of features that result in a high-performance … [More]
How COVID Changed Arizona’s Commercial Construction for the Better
From high-tech new semiconductor factories to the bumper crop of warehouses and logistics facilities popping up across the Valley’s ever-growing outskirts, Greater Phoenix’s light-industrial real estate sector is red hot. In fact, Phoenix’s industrial market is now a key link in the nation’s supply-chain, according to a recent report by Avison Young commercial real estate, … [More]
New Industrial Complex Begins to Rise in SW Phoenix
Martens Development Company has begun construction of its 20-acre Park 91, a Class A industrial development, located at the southwest corner of 91st Ave. and Buckeye Road in Phoenix. The new complex is the second phase of Logic Park, a successful 739,000-square-foot park on 44 acres, which will serve multiple tenants by offering various leasing size options. Park 91 will be … [More]
ASU’s Science/Tech Building Breaks Ground
The new $185 million Interdisciplinary Science and Technology Building 12 project recently broke ground at Arizona State University’s Polytechnic campus in Mesa, Ariz. “ISTB12 is ASU’s largest single capital investment on the Polytechnic campus,” says Alex Kohnen, ASU’s Facilities Development and Management vice president. The ISTB12 building, designed by SmithGroup and being … [More]
Interior Design Firm Plans for New Office Space in Scottsdale after 25 Years in Its Current Location
Luxury interior design firm, Est Est Interior Design, announced today its plans to move into a new office space near Scottsdale Quarter after 25 years in its current space. Est Est will move its 15-person team into a newly-renovated 8,500-square-foot suite at Cornwell Corporate Centre, located at 14822 N 73rd Street, in February 2024. “It has taken more than a year of … [More]
Inside Look: Lincoln Property Co.’s New Park303 Brings Pickleball and BBQing to Industrial
Pickleball court, barbeque and entertainment area among market-leading amenities
Full-service commercial real estate firm Lincoln Property Company (LPC) has announced the completion of Park303 Phase 2, a Class A industrial development in Glendale, Arizona that is leading the market in creative industrial amenities. Among these: a high-end speculative office suite, leading-edge features for modern manufacturing and distribution, and a premier outdoor area … [More]
ASU-Owned Mill Avenue Parking Structure Opens in Time for Holiday Season
Construction recently completed on the highly anticipated, $42 million, six-level, 429,000-square-foot Mill Avenue Parking Structure for Arizona State University (ASU) in Tempe, Ariz. The structure is located at 951 S. Mill Ave. in Tempe, east of Mill Avenue between 9th and 10th Street. The new parking structure, a design-build partnership between DFDG Architecture and general … [More]
Attainable Housing Co. Hits Milestone, Completes 4,000th Unit
Arizona’s attainable housing leader, Greenlight Communities, is proud to close out 2023 with several major milestone, including 4 completed and 6 new attainable rental communities currently under construction across the state, further expansion into Southern Arizona and additional future plans to expand into Peoria and Surprise. Founded in 2018, Greenlight Communities was … [More]
Cactus 101 Business Park Secures Two National Companies
Tenants take nearly 100,000 sf as part of business expansions in Greater Phoenix
Colliers in Arizona has represented Hopewell Development in signing two leases at its recently completed Cactus 101 Business Park in Peoria, AZ, a northwest suburb of Phoenix. LD Products, Inc. and Clopay Corporation have collectively taken nearly 100,000 square feet of space at the project. “We are pleased we were able to complete transactions with two national credit … [More]
Housing Developers Break Ground on New Build-for-Rent Community in Glendale
Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, and Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets throughout the United States, announced that they have broken ground on a new build-for-rent community in Glendale, Arizona. … [More]
Arizona’s Largest Locally-Owned CRE Brokerage Opens Casa Grande Office
Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally-owned commercial real estate brokerage, is excited to announce the opening of its new management office in Casa Grande, Arizona. The new office will serve Pinal County and Tucson, Arizona, and will provide a wide range of services to commercial property owners and investors, including property … [More]
ASU’s Growing Polytechnic Campus Breaks Ground on Latest Tech Building
he new $185 million Interdisciplinary Science and Technology Building 12 (ISTB12) project recently broke ground at Arizona State University’s (ASU) Polytechnic campus in Mesa, Ariz. The ISTB12 building, designed by SmithGroup and being constructed by McCarthy Building Companies, is a major expansion of ASU’s growing Polytechnic campus in and moves forward the university’s … [More]
Graycor Hires Brianna Nessler as Business Development Lead, Southwest Division
Joins regional executive leadership team to drive Graycor opportunities in key growth markets
Leading general contractor Graycor Construction Company has hired Brianna Nessler to lead its business development efforts in the Southwest. Based out of the company’s Phoenix office, Nessler plays a critical role in Graycor’s growth strategy, with a focus on key growth sectors including the advanced manufacturing, retail and medical spaces. As Business Development Manager, … [More]
Community That Boasts Some of the Most Sustainable Features in the Multifamily Industry Opens in Mesa
The completion of one of the most energy efficient multifamily projects in the state was celebrated with a ribbon cutting ceremony recently. ECO MESA apartments transformed a small, infill parcel of land in Downtown Mesa into a community that boasts some of the most sustainable features in the industry. ECO MESA was developed by Habitat Metro and Willmeng Construction was … [More]
Silicon Desert: Lab of the Future
Facilitating growth of a new ‘science village’
Arizona is an attractive market for life sciences companies. With economic incentives, lower cost of living, and opportunity to connect with major health and education systems, there are many reasons for these companies to move to the state and expand their business. To support the growth of life science companies, it’s important to address the industry’s infrastructure … [More]
2024 Interior Design Trends
The last few years have us feeling all kinds of things. As designers of the built world, we have an innate responsibility to recognize cultural impacts and plan to help alleviate them the best we can. Some of the ways we do that have infiltrated the mainstream, like biophilic design and sustainability. However, there is a type of design that we feel is the basepoint of all of … [More]
West Valley Retail: A Booming Market
With communities like Peoria, Surprise, Buckeye and Goodyear ranking among the fastest-growing cities in Arizona, the West Valley now boasts a population of approximately 1.7 million residents, booming employment opportunities along the Loop 303 and a retail market that has come into its own. Retailers of all types are taking big steps to serve this very underserved trade … [More]
