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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...

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Wetta 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...

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Tempe 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...

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New 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...

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Heritage 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...

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Preliminary 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...

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Hines 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...

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De 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...

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New 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...

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ABA 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...

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Groundbreaking 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...

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JDA 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,...

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NAIOP 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...

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C&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...

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EDU3 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...

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Scottsdale 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...

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CRE 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...

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Dallas-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,...

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Construction 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...

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Bell 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...

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Gilbert’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...

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Restaurants, 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...

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Seven-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...

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Camelback 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...

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Adaptive 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...

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LGE, 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...

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Scottsdale 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...

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Construction 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...

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Design-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...

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Leasing 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...

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CBIZ 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...

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Fry’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...

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Dexcom 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...

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Construction 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...

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Fenix 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...

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Developers 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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