Casa Grande approved a revised mixed‑use plan at the I‑10/Florence Boulevard interchange, reviving a previously stalled proposal that includes a grocery letter of intent. The developer now moves to site plans and permits.

A consultant plan to brand and connect Phoenix’s convention and sports venues goes before a City Council subcommittee Wednesday. Recommendations include walkability upgrades, new event sites and a possible hotel.

A preservation‑focused buyer has acquired Phoenix’s Mystery Castle and pledged to stabilize the 1930s landmark; a community forum is set for May 2. Details on funding and public access remain to be worked out.

Montecito paid $32.3M for the fully leased OrthoArizona building at 1675 E. Melrose St., highlighting tight MOB supply and rising investor demand in metro Phoenix.

Suncor CEO Richard Kruger paid $13.6M cash for an 11,460‑sq‑ft North Scottsdale home with a rooftop elevator, 70‑foot pool and eight‑car garage.

Newly built Paradise Valley hillside estate lists for $10.75M, offering total privacy and sweeping 190-degree mountain-to-city views. The property includes a new guest casita and pool.

Thomas Olivetti and Taylor Sims closed seven multifamily deals worth about $489.8M in 2025, anchored by two nine-figure Las Vegas sales.

JLL’s Arizona industrial team closed 13 deals worth about $813.9M in 2025, including trophy trades in Avondale and Tempe that set fresh comps for Phoenix investors.

Velocity Retail Group’s Gast team handled 1,119,812 square feet of Phoenix retail deals in 2025, from a $7.5M Chandler acquisition to a 12‑acre Mesa land sale. The activity highlights grocers, gyms and QSRs driving center re‑tenants.

Surprise landed a No. 3 spot on a national buyer‑friendly housing list as local inventory and slower sales give buyers more negotiating power. The ranking reflects new construction and softer pace in parts of the Valley.

Merit Partners transformed a vacant Murphy Elementary campus in southwest Phoenix into Merit 27 Buckeye, an 18‑acre, two‑building industrial park that is fully leased. The project replaces a shuttered school with modern manufacturing and supply space.

TOCALO has leased a 32,045‑sq‑ft site in west Chandler for a semiconductor coating service; city officials say the project will create 33 local jobs.

Shorehaven, a 722‑unit, three‑tower waterfront project on Tempe Town Lake, has opened preleasing with the first tower available mid‑April and lease details now live. The development pairs high‑rise housing with retail and waterfront amenities.