Deals, openings and the latest retail market news in Arizona

Transactions we closed, tenants we placed, and the market news that shapes Arizona retail. 192 articles since 2020: 11 are our own deal announcements and 181 are outside reports.

Texas metal producer plans $300M East Valley mill
08/20/2020

Texas metal producer plans $300M East Valley mill

Commercial Metals Co., an Irving, Texas-based steel and metal product manufacturer and recycler, announced plans Thursday to build the company’s third “micro mill,” which will be located in Mesa. Article originally…

08/13/2020

J.C. Penney leases in Arizona to go up for auction

As it attempts to emerge from bankruptcy, department store J.C. Penney Co. Inc. is looking to sell some of its leases and a property in Arizona Article originally posted here . Plano, Texas-based J.C. Penney - the…

Scottsdale tops all U.S. cities with more people moving in during COVID-19
08/13/2020

Scottsdale tops all U.S. cities with more people moving in during COVID-19

HireAHelper , the online marketplace for finding, comparing and booking moving transportation and services, today released results from a new study examining U.S. moving trends and Scottsdale wins the popularity…

Inside the list: These fast-growing craft brewers bubble up steady growth in Arizona
08/12/2020

Inside the list: These fast-growing craft brewers bubble up steady growth in Arizona

Many words can be used to describe Arizona, but thirsty is the one that has numbers backing it. Craft beer production has been steadily increasing for the past five years, according to the total of the 25 largest craft…

ASU among top 10 ‘Best Buy’ public schools
08/11/2020

ASU among top 10 ‘Best Buy’ public schools

Arizona State University has been ranked in the top 10 “Best Buy” public schools in the 2021 edition of the Fiske Guide to Colleges, the only Arizona school to make the list. Article originally posted here . Now in its…

Amazon delivery station planned in West Valley
08/04/2020

Amazon delivery station planned in West Valley

An Amazon delivery station is planned for a 38-acre site in Surprise near Litchfield Road and Soledad Street. Article originally posted here . “We're energized by the opportunity to start our first official project as a…

Mayo Clinic in Phoenix ranked among best hospitals in country
08/04/2020

Mayo Clinic in Phoenix ranked among best hospitals in country

PHOENIX - The Mayo Clinic Hospital in Phoenix has maintained its spot as one of the country’s best hospitals for adults in the annual U.S. News & World Report ranking. Article originally posted here . The north Phoenix…

Sam Fox’s Flower Child performing better during Covid-19 than other restaurant brands
08/04/2020

Sam Fox’s Flower Child performing better during Covid-19 than other restaurant brands

While the market continues to be tough for restaurants, some were built to do better than others. Article originally posted here . Flower Child, part of the Valley-based Fox Restaurant Concepts group of eateries,…

West Valley evolves into one of hottest data center markets in U.S.
08/04/2020

West Valley evolves into one of hottest data center markets in U.S.

Stream Data Centers, which specializes in storing, protecting and sharing data for Fortune 500 companies, is about to open the first of five facilities in Goodyear in the West Valley. Article originally posted here .…

Five Below to build $75 million distribution center in Buckeye
07/28/2020

Five Below to build $75 million distribution center in Buckeye

Discount retailer Five Below will build a $75 million distribution center in Buckeye, the city announced Tuesday afternoon. Article originally posted here . The Philadelphia, Pennsylvania-based company plans to begin…

Meritage CEO flying high on bullish outlook for Scottsdale homebuilder
07/28/2020

Meritage CEO flying high on bullish outlook for Scottsdale homebuilder

Steve Hilton is flying high. Not only did the share price of Meritage Homes Corp. (NYSE: MTH) briefly reach its all-time high on Thursday, but the Scottsdale homebuilder's chairman and CEO can't build houses fast enough…

Nikola breaks ground on $600 million manufacturing facility in Coolidge
07/28/2020

Nikola breaks ground on $600 million manufacturing facility in Coolidge

Nikola Corporation, a Phoenix-based global transportation leader in zero-emissions and infrastructure solutions, is one step closer to bringing a 1 million-square-foot manufacturing facility to Coolidge, Ariz. following…