April 2, 2026
Luxury apartments add to fast-growing Phoenix city
Ascent Companies and Merit Partners recently wrapped a more than four-year journey to open Stately Avondale in Avondale, Arizona.
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April 1, 2026Prologis acquires Phoenix-area logistics center for $104 million
Industrial real estate investment trust Prologis has acquired Cotton 303 Logistics Center in Glendale, Arizona, from Heitman for $104 million, or approximately $114 per square foot.
April 1, 2026Phoenix-area retail center sells for $10.8 million
Bond Street REIT, based in Charleston, South Carolina, has acquired The Shops at Civic Center, a 25,690-square-foot, three-building retail center in Gilbert, Arizona, from a private investor for $10.8 million, or approximately $420 per square foot.
April 1, 2026Phoenix-area townhouse complex sells for $13.39 million
A joint venture including Canopy Real Estate Partners and TBBG Investments has acquired The Sonoran Townhomes, a 36-unit multifamily complex in Mesa, Arizona, from a private investor for $13.39 million, or $371,944 per unit.
March 31, 2026Why have an office lounge when you can open a speakeasy?
A newly opened bar in Austin, Texas, has moody lighting, crushed velvet seating and private wine lockers, with an entry through a hidden door restricted to those in the know. It's not tucked away in a dark alley but in an office building housing financial firms.
March 31, 2026Phoenix multifamily complex sells for $19.5 million in short sale
Neighborhood Ventures has acquired Venture on 16th, an 86-unit multifamily development in Phoenix's Biltmore District, from Fringe Capital Partners for $19.5 million in a short sale.
March 30, 2026Florida-based real estate investment firm acquires apartment development near Phoenix
TerraCap Management, a real estate investment firm based in Naples, Florida, has acquired Tresa at Arrowhead, a 360-unit multifamily property in Glendale, Arizona, from Hamilton Zanze & Co. for $82.16 million, or $228,219 per unit.
March 27, 2026Developers break ground on $7 billion mixed-use project next to TSMC's Phoenix hub
Developers have started construction on one of Phoenix's most ambitious mixed-use developments to date.
March 27, 2026Transwestern Investment Group buys two-building industrial park near Phoenix
Transwestern Investment Group acquired a two-building industrial park in Tolleson, Arizona, from EQT Real Estate for $94.13 million, or $142 per square foot.
March 26, 2026Joint venture sells built-to-rent development near Phoenix for $30 million
LVP Partners Group purchased Avalon Townhomes, a newly constructed, built-to-rent development in the Phoenix area, for $30.1 million.
March 26, 2026Phoenix-area industrial facility sells for $30 million in tactical gear manufacturer acquisition
Cadre Holdings acquired a manufacturing facility in Peoria, Arizona, for $30 million as part of its broader acquisition of tactical gear manufacturer TYR Tactical.
March 25, 2026How one Arizona city is laying down roots for its next employment frontier
A suburban city in Arizona is looking to get busier by taking control of land near Phoenix's chipmaking hub.
March 25, 2026Downtown 'mini neighborhood' adds to Phoenix skyline
A new-to-market developer pulled off creating a "mini neighborhood" through a mixed-use multifamily building that now stands as one of downtown Phoenix's tallest structures.
March 25, 2026New industrial park aims to meet demand in Phoenix hot spot
Developers overcame challenges to meet regulatory compliance, solve complex infrastructure and protect wildlife to build a project that speaks to growing demand for Phoenix's hottest industrial submarket.
March 25, 2026Development of Heritage Park could unlock downtown potential in Gilbert, Arizona
Ten acres of prime downtown land are now being transformed into a retail anchor for downtown Gilbert, Arizona.
March 24, 2026Outpatient visits surge in Sun Belt as clinic shortages grow more acute
More patients than ever are visiting medical outpatient clinics, and the need to build more facilities is expected to rise as the population ages.
March 18, 2026Phoenix medical office market strengthened last year
After losing ground in 2024, the Phoenix medical office market regained its footing last year as demand rebounded, vacancy compressed and investing strengthened. Supported by steady demographic tailwinds and continued expansion in healthcare employment, the sector is entering 2026 on more stable ground, even as rent growth remains subdued.
March 13, 2026Phoenix hospitality construction moves upmarket
Phoenix’s current development cycle, which features a surge of high-end hotels, reflects a structural repositioning of the market rather than the start of another broad-based expansion phase.
March 11, 2026Contractors tapped to renovate, operate ICE detention centers in Maryland, Arizona
The U.S. Department of Homeland Security has awarded what has the potential to be more than $1.3 billion in contracts to transform two newly purchased warehouses in Arizona and Maryland into Immigration and Customs Enforcement detention centers.
March 10, 2026Largest US office towers take biggest price beating
A CoStar analysis of property sales reveals the staggering financial toll that high interest rates and the pandemic have taken on the largest U.S. office buildings.