A top in-migration and industrial market — semiconductors, logistics, and data centers drive demand while multifamily supply normalizes after a record delivery cycle.
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.
Items added to the wire per week · last 12 weeks
PHOENIX — Trammell Crow Co. has completed the development of an 8-acre, 181,000-square-foot mixed-used development in Phoenix. Project partners include U.S. Realty Advisors, RSP Architects, Wespac Construction, Keyser…
JPI is planning a 397-unit apartment complex at City North, the 100-acre master planned community near TSMC in North Phoenix. CityNorth is the fourth phase of multifamily at the mixed-use development. In addition to r…
SAGINAW, MICH. — An affiliate of Milwaukee-based Phoenix Investors has acquired 1.8 million square feet of industrial floorspace across three buildings in Buena Vista Charter Township in the Saginaw area. The building…
National recognition reflects Fortitude Family Office's client-first philosophy and integrated approach to wealth management PHOENIX, Aug. 31, 2026 /PRNewswire/ -- Fortitude Family Office announced that Founder and CE…
SAGINAW, MICHIGAN — An affiliate of Phoenix Investors, a company specializing in revitalizing former manufacturing sites, has acquired a three-building, 1.8 million-square-foot industrial complex in Buena Vista Charte…
PHOENIX — Trammell Crow Co. has completed the development of an 8-acre, 181,000-square-foot mixed-used development in Phoenix. Project partners include U.S. Realty Advisors, RSP Architects, Wespac Construction, Keyser…
JPI is planning a 397-unit apartment complex at City North, the 100-acre master planned community near TSMC in North Phoenix. CityNorth is the fourth phase of multifamily at the mixed-use development. In addition to r…
SAGINAW, MICH. — An affiliate of Milwaukee-based Phoenix Investors has acquired 1.8 million square feet of industrial floorspace across three buildings in Buena Vista Charter Township in the Saginaw area. The building…
National recognition reflects Fortitude Family Office's client-first philosophy and integrated approach to wealth management PHOENIX, Aug. 31, 2026 /PRNewswire/ -- Fortitude Family Office announced that Founder and CE…
SAGINAW, MICHIGAN — An affiliate of Phoenix Investors, a company specializing in revitalizing former manufacturing sites, has acquired a three-building, 1.8 million-square-foot industrial complex in Buena Vista Charte…
Acquisition supports Nexteer's continued manufacturing operations while creating significant new investment, redevelopment, and leasing opportunities in Buena Vista Charter Township SAGINAW, Mich., Aug. 27, 2026 /PRNe…
PHOENIX, Aug. 26, 2026 /PRNewswire/ -- EvCap Investments and Point Acquisitions today announced the joint acquisition of a 66,000 SF retail center at 711 E. Carefree Highway in Phoenix, Arizona. The transaction closed…
Jagruti Panwala, President and CEO of Wealth Protection Strategies and AHLA Executive Committee member, will receive the award at The Lodging Conference 2026 in Phoenix on October 7.
The building is nearly a 100 years old, but that isn’t stopping Phoenix developers CivicGroup and Sunflower Development from converting the onetime office tower into hotel rooms. Built in 1928, the Security Building w…
Trammell Crow Company completed a new development anchored by Sprouts Farmers Market in Phoenix. The 8-acre mixed-use development includes a 145,000-square-foot Class A office building serving as Sprouts Farmers Marke…
Pacific Hospitality Group (PHG) is taking reservations for its latest hotel, the Denu Hotel & Spa in downtown Phoenix. The 236-room hotel is at 1 E. Adams Street in downtown Phoenix in a newly constructed 17-story bui…
Industrial real estate veteran brings 15 years of investment experience to lead Brennan's entry into the Phoenix market PHOENIX, Aug. 24, 2026 /PRNewswire/ -- Brennan Investment Group ("Brennan"), a leading private re…
Design-driven boutique portfolio reaches 58 hotels worldwide and expands brand art initiative PHOENIX, Aug. 20, 2026 /PRNewswire/ -- BWH® Hotels, the leading hospitality enterprise comprised of three hotel companies i…
Key Highlights: JV creates a Vaca Muerta portfolio spanning approximately 163,000 net acres across six blocks Greater than 28 kboepd of current production with a path to more than 100 kboepd Greater than $4 billion in…
LaPour Partners plans to convert an office building into the hotel, capitalizing on the area’s growth and an emerging appetite for new luxury accommodations.
New Arizona Voters' Agenda research reveals widespread concern about rising costs and provides insight into how voters want leaders to approach housing PHOENIX, Aug. 13, 2026 /PRNewswire/ -- Affordability is a widespr…
LaPour Partners plans to transform a once-thriving 19-story Phoenix office tower into a 340-room hotel. The Phoenix Business Journal reports the repurposed property at 400 E. Van Buren St. will be across the street fr…
PHOENIX — INDUS Realty Trust has purchased a 418,000-square-foot warehouse and distribution facility in Phoenix. Terms of the transaction were not released. Fully leased at the time of sale, the cross-dock building fe…
PHOENIX — INDUS Realty Trust has aacquired 418,000-square-foot warehouse in Phoenix. Terms of the transaction were not released. Fully leased at the time of sale, the cross-dock building can support distribution uses…
GILBERT, ARIZ. — Grocer Safeway has opened a 64,000-square-foot store at The Gilmore, a 35-acre mixed-use development by Thompson Thrift that is located in the Phoenix suburb of Gilbert. Safeway will anchor the $225 m…
GILBERT, ARIZ. — Safeway has opened a 64,000-square-foot location at The Gilmore, a 35-acre mixed-use development by Thompson Thrift located in the Phoenix suburb of Gilbert. Safeway will anchor the $225 million proje…
PHOENIX — Marcus & Millichap has brokered the sale of a 984-unit Extra Space Storage asset in Phoenix. Located at 6316 N. 7th St., the gated-access property features fully climate-controlled units, drive-in loading ar…
PHOENIX — Marcus & Millichap has brokered the sale of a 984-unit Extra Space Storage facility in Phoenix. Located at 6316 N. 7th St., the gated-access property features fully climate-controlled units, drive-in loading…
SURPRISE, ARIZ. — CapRock Partners has purchased Summit at Surprise, a newly completed, 244,847-square-foot warehouse asset in Surprise. Summit at Surprise features two freestanding Class A industrial buildings on two…
A Morgan Stanley affiliate paid $59 million for a nearly 200,000-square-foot building in Chandler where Honeywell Aerospace has been a tenant since 2020. The industrial park, Amplify Chandler, was sold by Phoenix Risi…
The Phoenix metro will have more hotels open this year than any other major city in the United States. The Valley of the Sun is expected to have 26 hotel projects open before the end of the year. The Phoenix Business…