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.

In a difficult period for construction nationwide, Phoenix led in industry job growth
01/12/2021

In a difficult period for construction nationwide, Phoenix led in industry job growth

In a time period when only one-third of metros in the country added construction jobs, the Phoenix area led the pack for job growth in the industry. Article originally posted here . According to data from the Associated…

Phoenix economic, real estate leaders express 'guarded optimism' for 2021
01/12/2021

Phoenix economic, real estate leaders express 'guarded optimism' for 2021

Economic development leaders and real estate professionals are expressing “guarded optimism” for the Phoenix economy and real estate industry in 2021. Article originally posted here . Chris Camacho, president and CEO of…

Arizona sees population gains as California sees first-ever drop, Census estimates show
01/05/2021

Arizona sees population gains as California sees first-ever drop, Census estimates show

Arizona's population continues to surge as people move to the state in droves. Article originally posted here . According to the U.S. Census Bureau's 2020 population estimates, Texas, Florida and Arizona topped the list…

Belfiore expects 2020 to end with 31,000 housing permits; optimistic about future job growth
01/05/2021

Belfiore expects 2020 to end with 31,000 housing permits; optimistic about future job growth

Regional real estate expert Jim Belfiore expects to see the Phoenix housing market to end 2020 with 31,000 new construction permits. Article originally posted here . Belfiore, a principal with residential real estate…

Phoenix among list of top 10 projected housing markets in 2021
01/05/2021

Phoenix among list of top 10 projected housing markets in 2021

Phoenix was projected to have the sixth-best housing market in 2021 with an influx of retirees and millennials flocking to the dry desert heat of Arizona’s capital. Article originally posted here . According to…

Taiwan Semiconductor launches $38B Phoenix presence by signing major lease
01/05/2021

Taiwan Semiconductor launches $38B Phoenix presence by signing major lease

Less than one week after Taiwan Semiconductor Manufacturing Company (NYSE: TSM) secured 1,129 acres of land to build a $12 billion factory in North Phoenix, the company moved forward with its official market entry with…

People are migrating to these cities amid Covid-19: LinkedIn
12/22/2020

People are migrating to these cities amid Covid-19: LinkedIn

On Dec. 8, billionaire Elon Musk confirmed that he moved to Austin, Texas from California. And amid the pandemic - which has made it clear that many corporate people can work successfully remotely - there has been much…

Jobs magnet: Study ranks metro Phoenix No. 1 nationally for attracting, retaining workers
12/22/2020

Jobs magnet: Study ranks metro Phoenix No. 1 nationally for attracting, retaining workers

Metro Phoenix has finished at the top - again - in a national study that ranks counties by their ability to attract and retain high-quality workers and other economic-development factors. Article originally posted here…

Valley Metro receives $50.4 million in federal grants for northwest light rail extension
12/22/2020

Valley Metro receives $50.4 million in federal grants for northwest light rail extension

The Federal Transit Administration has allocated $49.4 million in Capital Investment Grants to Valley Metro for the second phase of the Northwest Light Rail Extension.

Progress continues for ‘City of the Future’
12/15/2020

Progress continues for ‘City of the Future’

A new “city” with a new, 21st century urban intention will eventually be part of the North Valley’s rapid growth. The infrastructure phase of City North, owned by Crown Realty and Development, is finished, according to…

See the hottest areas of the Valley with the most apartment units under construction
12/15/2020

See the hottest areas of the Valley with the most apartment units under construction

As more cranes begin to light up the Valley's skies at night, it's clear that metro Phoenix is among the hottest areas of the country for apartment construction activity. Article originally posted here . A new study…

Sports complex near WestWorld wins approval
12/15/2020

Sports complex near WestWorld wins approval

City Council unanimously approved plans for a new sports complex near WestWorld in north Scottsdale that will double as special event parking for major events like Barrett-Jackson and the Waste Management Phoenix Open.…