Alliance Residential sold Broadstone Seventh Street, a 258‑unit Class A complex in north‑central Phoenix, to an unnamed global investor; price was not disclosed. The property was completed in 2024 and marketed by CBRE.

Kimpton Miralina's next renovation phase will add a hotel-within-a-hotel and a noted Japanese restaurant, expanding the resort's dining and private-luxe offerings.

Jefferson House — a shipping-container-style dining and retail hub at 83rd & Jefferson — is anchoring Peoria’s downtown push with public funds and private partners. The city hopes the project will help unlock bigger investment across the historic core.

FlexEtc is converting a roughly 70,000‑sq‑ft industrial building at 4114 E. Wood St into micro‑warehouse units and flexible leases aimed at Phoenix small businesses.

ReDiscover Logistics Park will convert 43.5 acres at Loop 101 and I‑17 into about 808,000 sq ft of industrial space aimed at TSMC suppliers, with delivery expected in early 2027.

An L.A. investor paid about $98M for Elliot Gateway, a 516,000‑SF, fully leased industrial campus in southeast Mesa—another sign of strong demand for Phoenix warehouses.

Nitya Capital acquired the 274‑unit Tides on McDowell in Phoenix for $41M, assuming existing financing and planning targeted renovations to lift rents.

Oakwood Homes has pulled out of The Metropolitan, the redevelopment of the former Metrocenter mall, citing the complexity of delivering up to 1,200 homes. The departure leaves developers searching for a new residential partner around a planned light‑rail hub.

Scannell Properties paid just over $32 million for roughly 130 acres off SR 85 in Buckeye, reviving plans for a stalled industrial park and adding momentum to the West Valley's logistics boom.

CRG sold Building C at The Cubes at Mesa Gateway — a 1.2M‑SF Lowe’s‑leased Class A warehouse — in what brokers say is one of Phoenix’s largest single‑building trades this year.

PulteGroup and Tri Pointe paid $63M for the final Aloravita parcel in Peoria, opening the way for roughly 568 homes and grading set for summer 2026.

Glendale will unveil a nearly $100 million Downtown Campus Reinvestment Project this week, remaking City Hall, the amphitheater and Murphy Park to bring more events and activity downtown.

Chase Tower has sat mostly empty since Chase left in 2021. Owners and a local developer say a mixed‑use conversion is planned, but approvals, financing and tenants mean the timeline will stretch for years.