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.
Retail REITs Continue Their Rent Collections Surge
Rent collections for freestanding and shopping mall-focused REITs trended upwards in July after gains in June.
Aldi to open four Valley stores before the end of the year
After years of working behind the scenes, German grocery brand Aldi has announced it will open several stores in Arizona by the end of the year. Article originally posted here . The discount grocer, which has its U.S.…
Mesa’s downtown opportunity zone lands coworking giant Launch Pad
Launch Pad, a national network of coworking spaces that targets communities in opportunity zones, is coming to historic downtown Mesa. Article originally posted here . The coworking giant lures freelancers,…
Summer shopping season reaches frenzy, Valley homes flying off the market
Rising temperatures and spiking Covid-19 cases aren't keeping homebuyers from shopping for houses in metro Phoenix this summer. Article originally posted here . But they're all fighting for a low inventory supply,…
Work begins on another 300,000 square feet of East Valley office space
California-based real estate developer Douglas Allred Co. is starting work on two more 150,000-square-foot office buildings at Allred Park Place in Chandler, furthering the plans for more than 1.5 million square feet of…
5 new developments coming to the West Valley
The West Valley leads the way in land sales in the Phoenix Metro area. With an ever-growing entertainment district, high-performing schools, private utility companies and an expanding infrastructure, the West Valley is…
These 9 Arizona cities among Top 20 in U.S. bouncing back most
The latest jobs report shows the national unemployment rate at 13.3%, which is below the peak of 14.7% during the height of the COVID-19 pandemic. Article originally posted here . To provide more context at the city…
Amazon buys 91.5 acres in Goodyear for $19.85M
Amazon has paid $19.85 million for 91.5 acres of land in Goodyear along the booming Loop 303 corridor in the far West Valley. Article originally posted here . The online retailer closed the deal July 1. The 91.5 acres…
Walgreens poised to open full-service doctor offices in Phoenix
Deerfield, Illinois-based Walgreens Boots Alliance Inc. is making plans to open full-service doctor offices within its pharmacies nationwide, starting with metro Phoenix. Article originally posted here . The pharmacy…
Chicago pizza chain Lou Malnati’s opening Glendale location
PHOENIX - A Chicago-based pizzeria will open its fourth Valley location in Glendale next week. Article originally posted here . The new Lou Malnati’s Pizzeria location will open June 29, which is designed to only offer…
Due to Seattle’s unrest, billion-dollar investment firm moving to Phoenix
PHOENIX - Coronavirus pandemic or not, an investment advisory company is leaving the cultural unrest in Seattle and moving its headquarters to Phoenix’s Camelback Corridor. Article originally posted here . ” … The…
South Tempe Town Lake developments pick up momentum
Development is ramping up on the south bank of Tempe Town Lake east of Arizona State University, as a mixed-use project called Pier 202 begins early construction work and a nearby build-to-suit office development is…
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