Crown on 7th adds eateries and retail
The former Crown Imports building on 7th St., between Missouri and Bethany Home in Central Phoenix, is getting a major facelift. Dan Noma, Jr., principal of Venture REI, has joined real estate...
View ArticleWetta Ventures redevelops prime Camelback Corridor site
Wetta Ventures is redeveloping a prime piece of Camelback Corridor commercial space on the northwest corner of Camelback Road and 20th Street in Phoenix across from The Shops at Town & Country and...
View ArticleTempe approves entitlements for One Hundred Mill
Hayden House Tempe, LLC, a partnership between San Diego-based Douglas Wilson Companies (“DWC”) and Hensel Phelps Development LLC, a subsidiary of Hensel Phelps based in Greeley, CO, announced the name...
View ArticleNew to Market: May 2015-June 2015
Public Arizona Fallen Firefighters & Emergency Paramedics Memorial DEVELOPER: State of Arizona General Contractor: McCarthy Building Companies Architect: SmithGroupJJR Engineers: CVL and PK...
View ArticleHeritage Marketplace enters phase two
LGE Design Build is starting the construction of the second phase of Heritage Marketplace with rapid leasing momentum. Phase 2, slated to begin construction in late June with a December completion, is...
View ArticlePreliminary master development plan for ASU Athletics Facilities District...
Arizona State University (ASU) and Catellus Development Corporation, a nationally recognized master developer, are taking an important step toward creating a world-class urban community immediately...
View ArticleHines commences construction at Chandler Viridian
Hines, the international real estate firm, has commenced construction on the infrastructure at Chandler Viridian and is moving forward with the design of the Class-A, six-story office building for the...
View ArticleDe Rito Partners announce recent commercial transactions
Jamba Juice joins Shops at Norterra Jamba Juice finalized a deal to add a new location in North Phoenix, at the northwest corner of Happy Valley Road and Norterra Parkway. John Palmieri represented the...
View ArticleNew to Market: July, August 2015
RETAIL Crown on 7th DEVELOPER: Buzz Gosnell and Niels Kreipke General Contractor: Alexander Building Company Architect: Brick & West Design Brokerage: Venture REI Location: 7th Street, between...
View ArticleABA Project Profiles: Arizona’s Finest
Arizona Builders Alliance is a partnership between the Arizona chapters of the Associated Builders & Contractors (ABC) and the Building Chapter Associated General Contractors (AGC). It represents...
View ArticleGroundbreaking ceremony held for Merrill Gardens at Anthem
Adolfson & Peterson Construction (A&P) participated in a groundbreaking celebration for the new Merrill Gardens at Anthem senior living community on July 29th. Over 100 people, along with...
View ArticleJDA Software relocates headquarters to Scottsdale Quarter
WP GLIMCHER and CBRE have announced that JDA Software Group, Inc. (JDA) has signed a ±55,530-square-foot lease at Scottsdale Quarter’s new ±170,000 SF Class A, mixed-use building in North Scottsdale,...
View ArticleNAIOP members’ office and industrial projects
Project profile criteria per NAIOP: Property must be owned or have non-refundable earnest money in escrow by 8/1/15. Property must have a color site plan and color rendering completed. Property must...
View ArticleC&W | PICOR end November with multiple transactions
SALE Branching Roots, LLC purchased a 3,400 square foot retail building at 948 N. Main Ave. in Tucson from Rosemary Snow for $190,000. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield...
View ArticleEDU3 Ventures buys land near Tempe Town Lake
Colliers International in Greater Phoenix negotiated the $1.4 million purchase of 1.5 acres at 942 and 946 W. First St. in Tempe, near Arizona State University and Tempe Town Lake. The site, which...
View ArticleScottsdale Airpark value continues to increase
Land and building sales volume at the Scottsdale Airpark increased from 2014 to 2015 while vacancy rates continued to decline, according to a Colliers International Greater Scottsdale Airpark 2030...
View ArticleCRE industry helps West Valley rise
Communities where folks live, work and play has been the foundation from which the West Valley has grown, but many West Valley residents have been left out of the fun as they spend a large amount of...
View ArticleDallas-based multifamily developer expands into Phoenix
StreetLights Residential, a design-driven developer of multifamily and mixed-use communities, announced its expansion to the Arizona market with the opening of a Phoenix office. Greg Nadeau,...
View ArticleConstruction on tribal lands: Ready, set, build
There are 22 federally recognized Native American tribes, communities and nations within Arizona’s borders, encompassing thousands of acres of protected or preserved land across the state. While some...
View ArticleBell Road mixed-use project announces retail tenants
Evergreen Development is ramping up construction at its 31-acre Trellis on Bell community at 12th Street and Bell Road in north Phoenix. The Phoenix-based developer is beginning construction on the...
View ArticleGilbert’s Heritage Marketplace Phase 2 completed
LGE Design Build has completed phase 2 construction of Heritage Marketplace in downtown Gilbert with trendy new restaurant and retail businesses such as Sushi Brokers and Tuft and Needle. Nico, a new...
View ArticleRestaurants, retail open up at new Uptown Phoenix re-use project
Western Vertical Holdings, a company formed by Bob Agahi and David Sellers, completed construction of The Colony, an adaptive re-use project located on 7th Street just north of Missouri Avenue in...
View ArticleSeven-story mixed-use development on Apache approved to move forward
Plans to advance Eastline Village, a seven-story mixed-use development, were approved Thursday evening at Tempe’s City Council Meeting. The DMB Associates Inc. development is located at 2025 E. Apache...
View ArticleCamelback Corridor redevelopment property sells for $17M
Obsolete Office Project Slated for Redevelopment into High-end Mixed-use Project A prominent ±3.62 acre infill, redevelopment site located in the prestigious Camelback Corridor area of Phoenix has...
View ArticleAdaptive reuse project revitalizes Roosevelt Row Arts District
A NEW DOWNTOWN PROJECT MERGES CHEF-DRIVEN DINING, ARTISAN RETAILERS AND WORKING ARTIST STUDIOS AND GALLERIES TOGETHER IN ONE COLLECTIVE SPACE ~The Blocks of Roosevelt Row Indulges Guests with a Place...
View ArticleLGE, Revelation Real Estate team up on $5M project
LGE Design Build broke ground today on a massive $5 million mixed-use project for Revelation Real Estate in Chandler. Revelation Real Estate sets the gold standard when it comes to offering top-notch...
View ArticleScottsdale Fashion Square announces big renovation plans
Enhancements to Luxury Offerings Will Be First Phase; Louis Vuitton Announces Major Store Renovation in 2017 Macerich, one of the nation’s leading owners, operators and developers of one-of-a-kind...
View ArticleConstruction starts on Tempe mixed-use project at University Drive and Forest...
The Opus Group started construction on a 407-unit residential and retail mixed-use development in Tempe. The project covers nearly an entire city block on the northwest corner of University Drive and...
View ArticleDesign-build team picked for Camelback Collective redevelopment
The design-build construction of the recently purchased redevelopment site at 28th Street and Camelback Road, dubbed Camelback Collective, will be led by Graycor Construction Company, according to an...
View ArticleLeasing tower at $500M Optima Kierland to open
Another part of $500 million Optima Kierland project is set to open on Feb. 16, with pre-leasing underway and residents to start moving in in late April. The 10-story leasing tower, 7160 Optima...
View ArticleCBIZ Plaza sells in Midtown for $26M
A midtown office tower, near Central Avenue and Thomas Road, was sold to Houston-based Riva Ridge Development from Miami-based LNR Property Corporation for $26 million, which included fees assessed by...
View ArticleFry’s in Downtown Phoenix breaking ground in April
Developers will finally break ground in Downtown Phoenix on the much anticipated Block 23 mixed-use development, which will house the area’s first grocery store. RED Development will break ground on...
View ArticleDexcom renovates warehouse into medical device manufacturing space
Skanska, one of the largest construction and development firms in the United States, is finishing construction on phase one of Dexcom’s facility located at 232 S. Dobson Road in Mesa. This...
View ArticleConstruction commences on $50M renovation of Renaissance Square
Construction commenced today on phase one of a $50 million renovation of Renaissance Square, Downtown Phoenix’s iconic office towers at 2 and 40 N. Central Avenue. In a joint venture, Oaktree Capital...
View ArticleFenix Development breaks ground on Tempe project
Fenix Development, a Los Angeles-based real estate investment and development company, has broken ground on Phase I of The Watermark | Tempe at the north bank of Tempe Town Lake. Phase I, of the 1.9...
View ArticleDevelopers plan to break ground on $25M Scottsdale mixed-use project this summer
Developers are hoping to create a $25 million luxurious shopping, living, dining and office project in Scottsdale at the southeast corner of Scottsdale Road and Chauncey Lane. DBM Ventures expects to...
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