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.

Camelot Homes to build in 5 new Valley communities this summer
04/27/2021

Camelot Homes to build in 5 new Valley communities this summer

Camelot Homes, a Scottsdale-based luxury homebuilder, is preparing to open five new communities boasting $230 million in new product coming online, with presales to begin this summer. Article originally posted here .…

Queen Creek ranks as the 10th best suburb to move to in 2021
04/27/2021

Queen Creek ranks as the 10th best suburb to move to in 2021

Queen Creek ranks as one of the nation’s top suburbs to move to this year, according to a real estate website. Article originally posted here . The town ranks 10th on the list by Homes.com, which looked at various…

Developer closes on land for $28M Mesa mixed-use development
04/20/2021

Developer closes on land for $28M Mesa mixed-use development

A developer has purchased an eight acre property in east Mesa to build a mixed-use retail center that already has a handful of tenants committed to the site. Article originally posted here . Thompson Thrift Retail…

Here’s where Arizona ranks as a top moving destination
04/20/2021

Here’s where Arizona ranks as a top moving destination

Americans are moving into Idaho , and Idaho is moving up - in the ranking of most popular 2019 moving destinations, that is. Arizona is the third-most-popular inbound state. Article originally posted here . According to…

Phoenix-area grocery stores saw boost in pandemic sales, 2021 market share report shows
04/20/2021

Phoenix-area grocery stores saw boost in pandemic sales, 2021 market share report shows

Grocery stores may have arguably been the most essential of all the essential businesses during the pandemic, and even though this past year put a lot of strain on their workers, it paid off with a significant increase…

Starbucks, ASU partner on new research and innovation facility
04/20/2021

Starbucks, ASU partner on new research and innovation facility

Building on a long-standing partnership, Starbucks and Arizona State University are joining forces to create the ASU-Starbucks Center for the Future of People and the Planet - a new research and rapid innovation…

Arizona's Economy 2nd-Least Impacted By COVID-19: Study
04/13/2021

Arizona's Economy 2nd-Least Impacted By COVID-19: Study

Arizona is among the states whose economy is least exposed to the coronavirus, according to a new study from WalletHub. Article originally posted here . In its study, WalletHub says researchers looked at all 50 states…

Report: Phoenix among top US cities where millennials are moving
04/13/2021

Report: Phoenix among top US cities where millennials are moving

Millennials are moving to the Valley of the Sun in droves. Phoenix ranks No. 3 among top cities where millennials are moving, according to a new study by SmartAsset. Article originally posted here . The report is…

What Phoenix and 2 other contenders for Samsung’s $17B chip plant offer
04/13/2021

What Phoenix and 2 other contenders for Samsung’s $17B chip plant offer

Samsung’s potential $17 billion chipmaking plant will bring historic investment to whichever city is chosen by the technology giant. Article originally posted here . Three U.S. markets - Phoenix, Austin and upstate New…

'Under the radar' Phoenix leads Arizona to tech job growth in 2020, report says
04/13/2021

'Under the radar' Phoenix leads Arizona to tech job growth in 2020, report says

A new report details the rapid growth of Arizona’s tech sector during the pandemic, ranking eighth in the nation for tech job gains in the past year. Article originally posted here . What's more, Arizona also ranked…

Fry’s parent company purchases 57 acres for Phoenix AI warehouse
02/02/2021

Fry’s parent company purchases 57 acres for Phoenix AI warehouse

Kroger Co., the nation’s largest operator of traditional supermarkets and parent company of Fry’s Food Stores, has purchased a large property in west Phoenix where it plans to build a 222,850-square-foot high-tech…

Low housing inventory spurring demand for new homes in metro Phoenix
02/02/2021

Low housing inventory spurring demand for new homes in metro Phoenix

As inventory for existing home sales remains low in metro Phoenix, homebuilders are building as fast as they can to keep up with insatiable demand for new homes. Article originally posted here . Municipalities across…