Major New York developer opening Phoenix office
A company that owns, develops and manages key commercial real estate properties across the United States is opening its first office in Phoenix. Rockefeller Group Development Corp. has named Mark...
View ArticleNew home prices nearing bottom in Phoenix
Stability in the prices of new homes in metro Phoenix is on the horizon, but resale prices will continue slipping, said R.L. Brown, publisher of the Phoenix Housing Market Letter. He added that...
View ArticlePhoenix light rail system 92 percent complete
Like most other parts of the local economy, interest in redevelopment along the $1.4 billion light rail system in metropolitan Phoenix has cooled. But much could change by the end of this year....
View ArticleSan Diego group buys central Phoenix apartment property
A private capital group in San Diego is the new owner of a central Phoenix apartment complex across the street from the Phoenix Country Club. ColRich paid $5.2 million to the seller, Newcastle...
View ArticleMetro Phoenix’s East Valley, with fuel at $5 a gallon
A look at the future of the East Valley with fuel prices reaching $5 a gallon will be enlightening, and probably painful. That’s the topic the East Valley Partnership is offering, along with a lineup...
View ArticleSpace technology company expanding in Chandler
Orbital Sciences Corp. plans to expand its presence in Chandler, where it already employs 1,300 full- and part-time employees. The space technology company has signed a 10-year lease, negotiated by CB...
View ArticleMetro Phoenix’s rising office vacancy rates expected to worsen
Office space vacancies are highest in several suburbs of metro Phoenix, with total regional rates expected to worsen by mid-2009, according to new numbers released by Cushman & Wakefield of...
View ArticleDowntown Walkabout: City of Chandler
(Writer’s note: Downtown Phoenix rules the school these days, with the headlines dominated by the new Metro light rail, the expanded Phoenix Convention center, the new 1,000-room Sheraton Phoenix...
View ArticleArizona Real Estate Highlights
Seattle luxury homebuilder opening in Arizona A luxury builder active in Washington state for more than 40 years is offering seven new homes in Carefree, an upscale suburb of Phoenix. Seattle-based...
View ArticleNew Chandler City Hall design has urban edge look
Nov. 7, 2008 SmithGroup is designing the City of Chandler’s new $51 million city hall complex that will serve as the anchor for a major redevelopment of the downtown area. The new city hall design will...
View ArticleOpus West secures tenants for future Chandler shopping center
Nov. 20, 2008 Opus West Corp. has started work and secured tenant commitments at Mill Crossing, a new shopping center scheduled for opening in Chandler in late 2009. J.C. Penney Co. (NYSE: JCP) will...
View ArticleSundt adding division for mining, water treatment and renewable energy projects
Nov. 25, 2008 Sundt Construction is adding a new division to focus on the specialized type of construction work sought by its mining and industrial clients. The company’s new Mining & Industrial...
View ArticleAn Arizona City Starting Work on its First City Hall Since 1980s
May 1, 2009 CHANDLER, Ariz. – One of the few cities in Arizona working without a city hall is about to change that situation. On May 8, officials from Chandler will break ground for its future. Joining...
View ArticleMid-2009 Metro Phoenix Home Sales Update
July 7, 2009 Guest column “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” Warren Buffett By Tom Ruff, The Information Market...
View ArticleTexas Real Estate Investment Firm Buys Former Motorola Campus in Arizona
July 27, 2009 PRESS RELEASES PHOENIX, Ariz. – Capital Commercial Investments Inc. of Austin, Texas, has acquired the former Motorola campus, a two-story corporate office and research and development...
View ArticleNew Arizona Company Completing High-Profile Commercial Developments
Sept. 10, 2009 PHOENIX, Ariz. – Former Opus West executives Jamie Godwin and Craig Zupancic have formed a commercial real estate consulting firm with a subsidiary offering a variety of contractor...
View ArticleArizona’s Sunrise Walks and Wildlife, Chimichangas and Historic Buildings
March 7, 2010 SCOTTSDALE, Ariz. – Just a few of my Arizona favorites: A lone bull elk grazing on the lawn early one November morning as I stepped out of El Tovar Lodge at Grand Canyon. I never had seen...
View ArticleDesert Viking Starting New Phase of San Marcos Commons in Chandler
March 10, 2010 CHANDLER, Ariz. – Maybe, just maybe, the term “leapfrog development” in central Arizona soon will fade into history, like rotary telephones and index cards. Maybe developers and cities...
View ArticleArizona Politics Trumps Economics; Students, Needy Families To Suffer
March 21, 2010 EDITORIAL Are Arizona’s leaders, struggling with an overpowering deficit, downsizing state programs too far? Last week, Gov. Jan Brewer signed the state’s fiscal 2011 budget of $8.9...
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