News


Vacant Fry’s store in far East Valley sells for $1.9 million

Phoenix Business Journal

A vacant Fry’s Food & Drug Store location in Apache Junction has sold for $1.925 million.

Fry’s moved out of the 62,602 square-foot big-box store on the southwest corner of Apache Trail and Idaho Avenue and relocated across the street into a 124,693 square-foot space with a Fry’s Marketplace…Read More »


Seattle, Oregon groups trade Goodyear apartment complex for $53 million

Phoenix Business Journal

The $53 million real estate deal is in the West Valley.

Source: Residential News

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Microchip Technology CEO home buy tops most expensive listed in January

Phoenix Business Journal

Microchip Technology Inc. Chairman and CEO Steve Sanghi has had a record-breaking run of profits at his Chandler-based semiconductor maker stretching back years.

This year, he set a record for the most expensive house purchased in Arizona.

Sanghi paid $15.6 million for a massive home on Mummy Mountain in…Read More »


Mesa serious about downtown buildup

Phoenix Business Journal

Mesa is serious about improving its burgeoning downtown.

The latest example is the Grid, a $60 million mixed-use project that will bring multifamily, retail and offices to the East Valley’s most populous city.

The Grid also will feature a branch of Phoenix-based co-working space Co-Hoots, which announced the plans this…Read More »


E-commerce, other demand to push industrial space demands higher in Phoenix

Phoenix Business Journal

Anthony “Tony” Lydon, national director of JLL, an industrial management company, offered insight into the health and future of the industrial market.

Source: Commercial News

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Lina Home Furnishings leases big box space in Ahwatukee

Phoenix Business Journal

Lina Home Furnishings is set to open its fourth location in metro Phoenix.

The furniture chain has leased a 37,343-square-foot vacant big-box store, formerly occupied by Ashley Home Store, on the southwest corner of Ray Road and 48th Street in the Ahwatukee Foothills Town Center.

Brian Gast, vice president of…Read More »


Cambria Hotel opens near Chandler Fashion Center

Phoenix Business Journal

Choice Hotels International Inc. (NYSE: CHH), one of the world’s largest hotel companies, has opened the 136-room Cambria Hotel Phoenix near Chandler Fashion Center.

The Chandler property features a pool with cabanas, fitness room, lounge area and 1,300 square feet of multi-function meeting space. It also has onsite dining,…Read More »


Boutique apartments sell for $16 million, renovations planned

Phoenix Business Journal

The deal is in north central Phoenix.

Source: Residential News

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Largest Phoenix-area Industrial-Commercial Real Estate Developers

Phoenix Business Journal

Surveyed list ranked by total industrial square footage developed or started in 2017. Other information supplied by participating developers includes number of local projects developed or started in 2017, total industrial square footage currently owned or managed, number of local industrial properties currently owned or managed, notable Valley…Read More »


This real estate firm could be giving $10,000 raises

Phoenix Business Journal

The company is based in Phoenix.

Source: Commercial News

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