Phoenix
A top in-migration and industrial market — semiconductors, logistics, and data centers drive demand while multifamily supply normalizes after a record delivery cycle.
Phoenix at a glance
The Phoenix commercial real estate market is characterized by a dynamic interplay of demand across various sectors, particularly in industrial and multifamily assets, driven by population growth and economic diversification. While investor sentiment remains cautiously optimistic, the lending environment reflects a more conservative approach, with a focus on underwriting quality and risk management. Allocators are increasingly discerning, seeking opportunities that align with long-term growth potential while navigating the complexities of market volatility and shifting tenant preferences.
- Multifamily8
- Capital4
- Industrial4
- Retail3
- Office2
Items added to the wire per week · last 12 weeks
- TSMC Boosts Phoenix Manufacturing Investment by $100BCommercialSearch · Jul 17
- Honeywell Aerospace to release second quarter financial results and hold its investor conference call on Wednesday, August 5
PHOENIX, July 17, 2026 /PRNewswire/ -- Honeywell Aerospace (Nasdaq: HONA) will issue second quarter financial results after the closing of the Nasdaq Stock Market on Wednesday, August 5. The company will hold a confer…
PR Newswire · Jul 17 - Truyo Introduces Truyo Trust, Offering Up to $1 Million in Protection for Qualified AI Governance Customers
Certification warranty program provides financial protection for qualified customers across privacy compliance and AI governance solutions PHOENIX, July 16, 2026 /PRNewswire/ -- Truyo, the leader in managing AI compli…
PR Newswire · Jul 16 - Phoenix-Area Tribe Inks Deal with Industrial Developer for 1M-SF Warehouse Facility
Majestic Realty Co. and the Salt River Pima-Maricopa Indian Community (SRPMIC) have agreed to a 99-year ground lease that will serve as the foundation for a new, light industrial project serving the Community and the…
Connect CRE · Jul 16 - Education Forward Arizona Launches New White Paper Series on Strengthening Arizona's Education-to-Workforce Ecosystem
First paper examines need for stronger statewide alignment across education, workforce development, and economic opportunity PHOENIX, July 16, 2026 /PRNewswire/ -- Education Forward Arizona today released the first pa…
PR Newswire · Jul 16 - Colossal's Super Mom Competition Raises More Than $5.6 Million; Kristi Foxen Named 2026 Winner
Funds generated through the 2026 competition resulted in a $5.6 million grant to Children's Miracle Network® through Colossal's charity grantmaking partner, Action Initiative Team (AIT). PHOENIX, July 16, 2026 /PRNews…
PR Newswire · Jul 16
News Wire — Phoenix
Full wire →Honeywell Aerospace to release second quarter financial results and hold its investor conference call on Wednesday, August 5
PHOENIX, July 17, 2026 /PRNewswire/ -- Honeywell Aerospace (Nasdaq: HONA) will issue second quarter financial results after the closing of the Nasdaq Stock Market on Wednesday, August 5. The company will hold a confer…
Truyo Introduces Truyo Trust, Offering Up to $1 Million in Protection for Qualified AI Governance Customers
Certification warranty program provides financial protection for qualified customers across privacy compliance and AI governance solutions PHOENIX, July 16, 2026 /PRNewswire/ -- Truyo, the leader in managing AI compli…
Phoenix-Area Tribe Inks Deal with Industrial Developer for 1M-SF Warehouse Facility
Majestic Realty Co. and the Salt River Pima-Maricopa Indian Community (SRPMIC) have agreed to a 99-year ground lease that will serve as the foundation for a new, light industrial project serving the Community and the…
Education Forward Arizona Launches New White Paper Series on Strengthening Arizona's Education-to-Workforce Ecosystem
First paper examines need for stronger statewide alignment across education, workforce development, and economic opportunity PHOENIX, July 16, 2026 /PRNewswire/ -- Education Forward Arizona today released the first pa…
Colossal's Super Mom Competition Raises More Than $5.6 Million; Kristi Foxen Named 2026 Winner
Funds generated through the 2026 competition resulted in a $5.6 million grant to Children's Miracle Network® through Colossal's charity grantmaking partner, Action Initiative Team (AIT). PHOENIX, July 16, 2026 /PRNews…
News | Rise48 Equity acquires Phoenix apartment complex for $21.7 million
G50 Announces Positive Phase 2 Metallurgical Test Results from Its Golconda Project in Arizona Show Low-Cost Processing Lifts Gallium Grades up to 2X With Gold and Silver as Potential Co-Products
PHOENIX, July 15, 2026 /PRNewswire/ -- G50 Corp. Limited (ASX: G50; OTCQX: GFTYF) announced that low-cost processing has the potential to increase Gallium grades 2X at the company's Golconda project with gold and silv…
Martens Development Sells Two-Building Industrial Complex in Tolleson, Arizona
TOLLESON, ARIZ. — Phoenix-based Martens Development has sold Park 91, a two-building industrial complex in Tolleson, to AEW Capital Management, on behalf of a separate account client, for an undisclosed price. The fac…
Great Hearts Arizona Class of 2026 Earns $53.8 Million in Merit Scholarships, Achieves Top Academic Results
Graduates Post Exceptional College-Going Rates, Strong STEM Interest, and Standout National Scholar Honors Across Phoenix Metro Schools PHOENIX, July 14, 2026 /PRNewswire-HISPANIC PR WIRE/ -- Great Hearts Arizona anno…
Cavan Spins Off Phoenix BTR Community for $112.5M
Cavan Cos. has sold The Bungalows on Camelback, a 334-unit, build-to-rent asset in Phoenix, for $112.5 million. That comes out to about $337,000 a unit. A private individual acquired the property. This deal marked the…
Dimension Moving Ahead on 3-Building N. Phoenix Industrial Park
Dimension Financial Realty and Investments hopes to add its footprint to the burgeoning North Phoenix. The Phoenix Business Journal reports the company is proposing a new three-building spec industrial park with a 62,…
Seniors Helping Seniors® In-Home Care Services Expands in Sun City and Peoria, Arizona
Julie Vasquez Brings Lifelong Commitment to Service and Compassionate In-Home Care to Arizona's West Valley PHOENIX, July 10, 2026 /PRNewswire/ -- Seniors Helping Seniors® in-home care services, a franchisor with over…
Trinity Capital Achieves $709 Million of New Commitments and $619 Million in Funded Investments in the Second Quarter of 2026
PHOENIX, July 9, 2026 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the second quarter and first half of 2026. Trinity…
AZ Blue Health Choice Expands Access to Care with In-Home, Whole-Family Care Model Through Nest Health Partnership
Program delivers measurable results for Medicaid members, closing care gaps and reducing avoidable ER visits in Mohave and Maricopa Counties PHOENIX, July 9, 2026 /PRNewswire/ -- One year after launching its partnersh…
Desert Financial Credit Union Expands Digital Investing Platform
Integrated software provides education and investing options through online banking PHOENIX, July 9, 2026 /PRNewswire/ -- Desert Financial Credit Union has announced the expansion of its Digital Investing platform, in…
Rise48 Equity Acquires N. Phoenix Rental Community
Tailwind Investment Group offloaded Rise at the Northern, a 108-unit apartment community at 17840. N. Black Canyon Highway in far north Phoenix. Rise48 Equity paid $21.7 million for the multifamily venture. Rise48 Equ…
University of Phoenix Highlights Multiple Opportunities to Help Students Save Time and Money
Scholarships, credit for prior learning, alternative credit providers and financial wellness resources offer eligible students multiple opportunities to reduce education costs and accelerate progress toward a degree P…
Newmark Lands Listings to Sell 3 Phoenix-Area Class A Office Properties
Newmark has the listings for three Class A office properties in the Phoenix Metro area. The Phoenix Business Journal reports the offices, totaling 545,000 square feet, are situated in Chandler, Scottsdale and Phoenix.…
Arizona Teachers Invited to Apply for Classroom Funding through Desert Financial's Adopt-A-Teacher Program
100 educators will receive $1,000 each to support classroom needs PHOENIX, July 7, 2026 /PRNewswire/ -- Arizona K-12 teachers are invited to apply for funding to support their classrooms through Desert Financial Credi…
$5.4 Million Grant Issued to National Wildlife Federation Through DTCare, as Cami Is Named 2026 Jr. Ranger Champion
Colossal's fundraiser celebrates young nature enthusiasts who inspire others through their curiosity, love of wildlife, and commitment to protecting the outdoors. PHOENIX, July 7, 2026 /PRNewswire/ -- Colossal is prou…
One Raven Launches to Take the Smart Home out of the Cloud
New privacy-first smart home platform raises $5M seed round led by Fifth Wall to scale bespoke hardware and software that requires no pairing, no subscriptions, and no external data collection PHOENIX, July 7, 2026 /P…
Make-A-Wish and Chase Renew Partnership with $3M in Ultimate Rewards to Support Travel Wishes Nationwide
Travel wishes account for more than 75% of wish experiences, underscoring the importance of continued investment in travel support PHOENIX, July 7, 2026 /PRNewswire/ -- Make‑A‑Wish and Chase today announced the renewa…
Mill Creek Announces Groundbreaking of Modera City North
Wrap-Style Community to Add 330 Homes to Emerging Desert Ridge Neighborhood PHOENIX, July 7, 2026 /PRNewswire/ -- Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in prem…
El Distrito de Riego y Drenaje del Centro de Arizona obtiene hasta 10,000 pies-acre por año de nuevo suministro de agua del Banco de Aguas Subterráneas de Mojave
CAIDD y Cadiz Inc. firman un memorándum de entendimiento para nuevos suministros de agua con el fin de respaldar la confiabilidad hídrica a largo plazo en Arizona PHOENIX y CADIZ, California, 4 de julio de 2026 /PRNew…
Central Arizona Irrigation and Drainage District Secures Up to 10,000 Acre-Feet Per Year of New Water Supply from Mojave Groundwater Bank
CAIDD and Cadiz Inc. execute MOU for new water supplies to support long-term water reliability in Arizona PHOENIX and CADIZ, Calif., July 2, 2026 /PRNewswire/ -- Central Arizona Irrigation and Drainage District ("CAID…
NITRO CIRCUS TAKES DINNER TO NEW HEIGHTS WITH WORLD-FIRST "DINNER FOR 6" SKYDIVING STUNT
Six Skydivers Exit a Plane Over Arizona and Share a Mid-Air Dinner Table Experience While Freefalling 13,000 Feet in Latest Nitro Circus Spectacle High-res Images and Video HERE | Credit: Nitro Circus PHOENIX, July 2,…
Phoenix Commercial Advisors Directs $10.7M Sale of Retail Center in Surprise, Arizona
SURPRISE, ARIZ. — Phoenix Commercial Advisors has directed the $10.7 million sale of Grand Village Center, a necessity-based retail center in Surprise. The asset traded for $203 per square foot. John Schweikert and Ch…
Grant Helps More Arizona Moms Access Postpartum Support
An AZ Blue Foundation Momentum Maker Grant is helping 4ᵗʰ Trimester Arizona expand maternal mental health and postpartum support statewide PHOENIX, July 1, 2026 /PRNewswire/ -- For many Arizona families, support after…
Three Phoenix Golf Courses Change Hands for $57M
Thompson Golf Group (TGG) sold three Phoenix-area golf courses but will stick around and manage the courses. The Walden Group was the buyer of Longbow Golf Club, Power Ranch Golf Club and Dove Valley Ranch Golf Club.…
Obra Supplies $31M Refi on Arizona Northrop Grumman-Leased Office Property
Silver Creek Development has secured $31.4 million of bridge debt to refinance a single-tenant office complex in suburban Phoenix, Commercial Observer has learned Obra Real Estate provided the loan for the developer’s…
The Richman Group Names Abby Perez Director of Development to Support Southwest Expansion
PHOENIX, July 1, 2026 /PRNewswire/ -- The Richman Group Development Corp. announced the appointment of Abby Perez as Director of Development for the Richman Group of Arizona, strengthening the company's affordable and…
Burlington Stores announces new Phoenix location
Rise48 Equity Acquires 108-Unit Multifamily Community in North Phoenix
PHOENIX — Rise48 Equity has acquired a 108-unit multifamily property located at 17840 N. Black Canyon Highway in North Phoenix. The company will rebrand the asset as Rise at the Northern. Terms of the transaction were…
Rise48 Equity Acquires 108-Unit Multifamily Property in North Phoenix
PHOENIX — Rise48 Equity has acquired a 108-unit multifamily property located at 17840 N. Black Canyon Highway in North Phoenix. The company will rebrand the asset as Rise at the Northern. Terms of the transaction were…
NexMetro Opens 108-Unit Avilla Foothills BTR Project in Metro Phoenix
SURPRISE, ARIZ. — NexMetro Communities has completed and opened Avilla Foothills, a build-to-rent (BTR) development in Surprise, about 28 miles northwest of Phoenix. Avilla Foothills features 108 single-level homes, s…
East Coast real estate firm buys coveted land near TSMC in Phoenix
Target to Open Store at Medina Station
Target is preparing to open its sixth store in Mesa next month. The Phoenix Business Journal reports Target will open a 148,000-square-foot store in Mesa at 1517 S. Signal Butte Road. The Target store will include a C…
University of Phoenix Launches Three New Artificial Intelligence Professional Development Pathways
New offerings help employees, senior leaders and healthcare professionals build practical AI skills for workplace application, governance and healthcare settings PHOENIX, June 26, 2026 /PRNewswire/ -- University of Ph…
AI Tool Accelerates Joint Venture Identity Success
A proprietary AI brand diagnostic framework aligns three global executive teams on a joint venture identity in under six weeks. Here is how it worked. PHOENIX, June 26, 2026 /PRNewswire/ -- Facing a tight deadline for…