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Real Estate & Development in ...
Baron Properties paid roughly $23M for West 10 Business Center in southwest Phoenix and will market about 72K SF of industrial space for immediate occupancy.
Tempe approved a development overlay for a 16‑story, up‑to‑110 unit tower at 250 Rio beside Town Lake. The Hines project pivots earlier office plans toward for‑sale condos.
Amazon has leased space at CapRock West 202 Logistics, widening its Phoenix distribution footprint and reshaping the Loop 202 industrial corridor.
Sunny Day Sports is courting a pro women's soccer team for Mesa's Palo District, pairing a domed stadium concept with a $100M women's health campus at the former Fiesta Mall site.
Vineyard Towne Center in Queen Creek has completed construction and is fully leased — a $100M, 260,000‑sq‑ft retail center anchored by Target and Sprouts.
A gated Arcadia estate on Exeter Boulevard that listed in mid‑January for roughly $18.25–$18.5M has already drawn multiple offers, local listings and reporting show.
Gilbert has begun Phase II of Desert Sky Park, adding new multi-use fields, a splash pad, and pickleball courts. The project aims to enhance recreational opportunities for the community.
EQT paid $104.5M for Commerce @ 303, a 663,000‑SF Class A warehouse in Glendale, and plans a new speculative building on an adjacent 32.6‑acre pad.
Denmark-based DSV has started work on a large regional HQ and freight campus in southeast Mesa to support semiconductor clients like TSMC and Intel. The project anchors more industrial growth around Phoenix-Mesa Gateway Airport.
Tempe accounted for most of Metro Phoenix's office demand in Q4 2025, tightening supply and lifting rents in amenity-rich submarkets.
Takanock’s Project Baccara would pair two 1M‑sq‑ft data halls with a 700MW gas plant near Luke AFB while NTT files a design tweak for its Mesa campus. Permits and public hearings are now the next stop.
Kitchell sold Mountain Ranch Marketplace in Goodyear to Bershon Realty for roughly $23 million. The 49,683‑sf center is largely leased and includes two buildable pads.
Mesa has received a $3.1M federal grant to improve safety at eight high-risk intersections, aiming to reduce traffic accidents through signal upgrades and pedestrian enhancements.
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