Commercial Investment Real Estate

11/04/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From a 5,300-acre master plan in Peoria shifting to focus strictly on housing to 7 Brew transforming local drive-thrus, here is your daily Valley CRE roundup! 🌵

🏡 5,300-Acre Saddleback Community Pivots to Housing in Peoria: Castle Hill Partners is updating the playbook for Saddleback, the massive 5,300-acre master plan in north Peoria. Originally envisioned decades ago with three golf courses and an 800-room resort, the developer is setting aside the golf and hotel plans to focus on building new homes near the rapidly growing TSMC employment corridor!

🛍️ Retail Vacancies Drop Heading Into 2027: The national retail market is finishing 2026 strong! Due to minimal new retail construction and resilient shopper demand, nationwide retail vacancy is forecast to fall from 4.32% in the third quarter to 4.26% by year-end.

⚡ Real Estate Listings Race to Market Data Center Potential: Commercial and land listings mentioning data centers surged 49% over the past year (477 active listings), proving how property owners are positioning their parcels to tap into the booming demand for AI and tech infrastructure.

☕ 7 Brew Takes Over Former Salad and Go Boxes: Wondering what’s taking over your neighborhood drive-thru box? Coffee chain 7 Brew secured the lion's share of leases across Arizona and neighboring states following auction proceedings, paving the way for dozens of new drive-thru beverage locations.

🏗️ 50 Major Projects Shaping Arizona CRE in 2027: AZRE released its look at the 50 commercial developments defining Arizona’s future, highlighting how advanced manufacturing plants, mixed-use centers, and regional infrastructure projects are driving the state's economic momentum.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇



https://nickminer.com/daily-news-11-4-2026/

11/03/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From a massive $109.5M warehouse acquisition in Glendale to a new dual-brand Hilton hotel in North Phoenix, here is your daily Valley CRE roundup! 🌵

🏭 $109.5M Industrial Buyout in Glendale: Big logistics moves on the West Valley! LaSalle Investment Management acquired Building B at 303 Crossroads along Loop 303 for $109.5 million. The 734,000-square-foot facility was purchased from developer Clarius Partners.

🏨 257-Room Dual-Brand Hilton for North Phoenix: Plaza Companies and Fayth Hospitality are officially breaking ground on Hotel Six Four at 64th Street and Mayo Boulevard. The six-story building will house two Hilton flags under one roof: a boutique Tapestry Collection hotel alongside extended-stay Homewood Suites accommodations.

🏜️ TSMC Halves Industrial Vacancy in the Northwest Valley: Bloomberg reports that TSMC's $265 billion semiconductor mega-project is fueling a major commercial boom in North Phoenix. Over the last 12 months, industrial vacancy in the northwest submarket dropped from 16% to 8% as chip suppliers and supporting businesses scramble for space.

🛍️ 32-Acre Mixed-Use Center Coming to Avondale: Progress continues at The BLVD project in Avondale! "The District," a 269,000-square-foot development at Avondale Blvd and Van Buren St, is set to deliver a major grocery anchor, specialty retail, entertainment venues, and new restaurants.

🌊 16-Acre Waterfront Development in Gilbert: Gilbert officials reviewed site plans for Lakeside Village within the 3,000-acre Morrison Ranch community. Located at Higley Rd & Bloomfield Pkwy, the 160,000-square-foot project will bring waterfront dining, boutique shops, and office spaces to the neighborhood.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇

East Valley farmland slated for lakeside commercial development A lakeside development with restaurants, retail and office is proposed within Morrison Ranch,

11/02/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From Honeywell’s massive $500M aerospace plant in Tempe to Glendale approving a 160-acre data center campus, here is your daily Valley CRE roundup! 🌵

✈️ $500M Aerospace Facility Coming to Tempe: Honeywell Aerospace announced the largest aerospace investment in Tempe history! The company is building a 300,000-square-foot advanced manufacturing facility near Priest Drive and Warner Road, creating 600 local jobs and expanding in-house production for commercial and military aircraft parts by late 2028.

⚡ Glendale Approves 160-Acre Project Eagle Data Center: Glendale City Council officially annexed and rezoned 160 acres near Luke Air Force Base (Litchfield Rd & Olive Ave) for Project Eagle. The massive tech campus will include three data center buildings, an APS substation, and 18 natural gas turbines for dedicated on-site power generation.

🏭 Intel Moves Ahead on Fab 62 in Chandler: Advanced chip manufacturing continues to expand at Intel’s $32 billion Ocotillo campus in Chandler. Equipment installation is officially underway on Fab 62, on schedule to open for high-volume production by late 2028.

☕ 7 Brew Closes $123M Deal for Salad & Go Sites: It’s official—7 Brew has finalized its $123 million purchase of 63 former Salad and Go locations (including 36 in Arizona) after outbidding Dutch Bros, paving the way for dozens of new drive-thru coffee spots across the Valley and Tucson.

🏗️ 50 Major Projects Shaping Arizona CRE in 2027: A survey of Arizona's top upcoming commercial real estate projects shows steady momentum, with multi-million and multi-billion dollar developments focusing heavily on advanced tech, aerospace, and energy infrastructure.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇



https://nickminer.com/daily-news-11-2-2026/

10/30/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From Honeywell’s massive $500M aerospace plant in Tempe to Glendale approving a 160-acre data center campus, here is your daily Valley CRE roundup! 🌵

✈️ $500M Aerospace Facility Coming to Tempe: Honeywell Aerospace announced the largest aerospace investment in Tempe history! The company is building a 300,000-square-foot advanced manufacturing facility near Priest Drive and Warner Road, creating 600 local jobs and expanding in-house production for commercial and military aircraft parts by late 2028.

⚡ Glendale Approves 160-Acre Project Eagle Data Center: Glendale City Council officially annexed and rezoned 160 acres near Luke Air Force Base (Litchfield Rd & Olive Ave) for Project Eagle. The massive tech campus will include three data center buildings, an APS substation, and 18 natural gas turbines for dedicated on-site power generation.

🏭 Intel Moves Ahead on Fab 62 in Chandler: Advanced chip manufacturing continues to expand at Intel’s $32 billion Ocotillo campus in Chandler. Equipment installation is officially underway on Fab 62, on schedule to open for high-volume production by late 2028.

☕ 7 Brew Closes $123M Deal for Salad & Go Sites: It’s official—7 Brew has finalized its $123 million purchase of 63 former Salad and Go locations (including 36 in Arizona) after outbidding Dutch Bros, paving the way for dozens of new drive-thru coffee spots across the Valley and Tucson.

🏗️ 50 Major Projects Shaping Arizona CRE in 2027: A survey of Arizona's top upcoming commercial real estate projects shows steady momentum, with multi-million and multi-billion dollar developments focusing heavily on advanced tech, aerospace, and energy infrastructure.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇



https://nickminer.com/daily-news-10-30-2026/

10/27/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From high-end dining expanding in Gilbert to 669 new apartments proposed in Chandler, here is your daily Valley CRE roundup! 🌵

🏬 669 Apartments Proposed for Chandler Office Campus: Chandler’s Planning & Zoning Commission recommended approval for Douglas Allred Co. to build 669 apartment units and new retail at Allred Park Place, adding needed housing to the 180-acre office park!

🛍️ 34-Acre Grocery & Industrial Hub Planned in Avondale: Developer Pederson Group is moving forward with a 34-acre mixed-use project at Avondale Blvd and Van Buren St. The development will feature a 99,000-square-foot grocery anchor alongside a 118,000-square-foot industrial facility.

🏨 Downtown Phoenix Office Building Sells for Hotel Conversion: Aperture Hotels bought the historic 6-story Ellis Building at 2nd Ave & Monroe St for $10.3 million ($162/SF) to transform the office space into a boutique hotel near the Phoenix Convention Center.

🍣 Roka Akor Heading to Gilbert: High-end Japanese restaurant Roka Akor is opening its second Arizona location! The celebrated Scottsdale concept signed a lease at Northside at SanTan Village in Gilbert.

💎 Paradise Valley Hits Record $3.6M Median Home Price: PropertyShark’s latest national report named Paradise Valley (85253) the 30th most expensive ZIP code in the U.S., with median closed sales reaching a record $3.6 million.

Which of today's market updates stands out most to you? Drop your thoughts in the comments below! 👇

Equus Group sold the Ellis Building, a six-story office building at 135 N. 2nd Ave. in downtown Phoenix, for $10.3 million, or $161.76 per square foot, to

10/23/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From Intel advancing its next mega-chip factory in Chandler to a new 25-acre mixed-use development in Queen Creek, here is your daily Valley CRE roundup! 🌵

🏭 Intel Fab 62 Moves Ahead in Chandler: Advanced manufacturing in the East Valley continues to accelerate! Intel has construction and tool installations underway for Fab 62 at its $32 billion Ocotillo campus in Chandler. The facility will serve as the campus’s 6th high-volume chip factory, targeting commercial operations by late 2028.

🏬 Queen Creek Mixed-Use Project Moves Forward: The Queen Creek Planning and Zoning Commission recommended approval for The Union at Ellsworth, located at Queen Creek and Ellsworth roads! The mixed-use project within Queen Creek Station West is planned to feature 250 apartment homes alongside new shops, offices, and hotel space.

🛍️ Ground-Up Retail Construction Returns: For the first time in 20 years, new shopping center and store construction is on the rise! JLL forecasts steady, controlled retail development of up to 1% per year through 2029 to keep up with high consumer demand and historically low vacancies.

🎁 Holiday Retail Sales to Break $1 Trillion: The National Retail Federation predicts holiday spending will top $1 trillion for the first time ever this year, forecasting a 4.2% increase to $1.013 trillion for November and December.

📊 What's Really Driving Retail Numbers: September U.S. retail sales rose 6.8% compared to last year according to GlobalData, though higher prices accounted for most of the growth as shoppers remain price-conscious heading into the holiday season.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇

Intel’s $32B Arizona Expansion Moves Forward with Next Fab Intel is moving forward with its Fab 62 semiconductor factory at its Ocotillo campus in Chandler,

10/22/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From the Suns and Mercury transforming the Downtown YMCA to new hotels and condos in North Scottsdale, here is your daily Valley CRE roundup! 🌵

🏀 $60M Community Hub for Downtown Phoenix: Big news for Downtown! The Phoenix Suns, Phoenix Mercury, and Valley of the Sun YMCA are partnering on a $60 million redevelopment of the downtown YMCA site. Slated to open in 2029, the 55,000-square-foot facility will include three basketball courts (one NBA regulation court), health and wellness services, and workforce training programs.

🏨 New Hotel, Dining & Condos Coming to One Scottsdale: DMB Associates is moving forward on the next phase of its $1 billion, 100-acre One Scottsdale development north of Loop 101. Construction starts before year-end on a new hotel, high-end restaurants, and luxury condos.

⚡ Power Access is Now the Top Priority for Big Projects: Finding enough electricity has officially become the #1 challenge for major commercial and tech developments. A Site Selectors Guild survey found that 79% of site selectors rank power capacity as their primary concern—outranking labor and tax incentives.

🛡️ East Valley Cities Top National Safety Rankings: WalletHub’s latest safety study named three Valley communities among the top 40 safest in the U.S.: Chandler ranked #26, Gilbert placed #31, and Scottsdale took the #40 spot, highlighting why the region continues to attract families and major employers alike.

🏢 Multifamily Construction Pipeline Shifts: The National Apartment Association reported that while new apartment starts slowed in September, permits and completed units ticked up, reflecting strong ongoing rental demand as high mortgage rates keep homeownership on hold for many buyers.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇

Multifamily Offers a Brighter Spot in a Weakening Construction Market Falling housing starts are narrowing the new-supply pipeline, but September’s

10/21/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From retail construction picking up for the first time in 20 years to higher mortgage rates boosting local apartment demand, here is your daily Valley CRE roundup! 🌵

🛍️ Ground-Up Retail Construction Starts to Rebound: For the first time in two decades, new retail construction is trending upward! JLL projects modest, steady growth of up to 1% annually through 2029, reflecting disciplined, demand-backed expansion rather than speculative overbuilding.

🌵 TSMC Corridor Drives Massive Retail Demand: Retailers and investors are competing for limited space across high-growth Western markets. According to SRS Real Estate Partners, TSMC’s $265 billion semiconductor manufacturing hub in North Phoenix is fueling intense retail demand that is outpacing available inventory.

🏬 Investors Hungry for Retail Properties: Cushman & Wakefield reports that there is far more buyer capital looking for shopping centers than there are properties available for sale. Historically low vacancy rates helped push national retail asking rents up 2.2%!

🏢 Higher Mortgage Rates Benefit Arizona Apartments: Marcus & Millichap’s October 2026 report indicates that high borrowing costs in the for-sale housing market are keeping renters in apartments longer, helping Metro Phoenix landlords maintain steady occupancy and reduce turnover.

💼 Shifting Labor Market Realities for Real Estate: Due to demographic shifts, rising workplace productivity, and changing immigration trends, Marcus & Millichap reports the U.S. now needs fewer than 50,000 new jobs per month (down from 100,000) to keep unemployment steady, altering how investors project commercial real estate demand.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇



https://nickminer.com/daily-news-10-21-2026/

10/20/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From retail construction picking up for the first time in 20 years to higher mortgage rates boosting local apartment demand, here is your daily Valley CRE roundup! 🌵

🛍️ Ground-Up Retail Construction Starts to Rebound: For the first time in two decades, new retail construction is trending upward! JLL projects modest, steady growth of up to 1% annually through 2029, reflecting disciplined, demand-backed expansion rather than speculative overbuilding.

🌵 TSMC Corridor Drives Massive Retail Demand: Retailers and investors are competing for limited space across high-growth Western markets. According to SRS Real Estate Partners, TSMC’s $265 billion semiconductor manufacturing hub in North Phoenix is fueling intense retail demand that is outpacing available inventory.

🏬 Investors Hungry for Retail Properties: Cushman & Wakefield reports that there is far more buyer capital looking for shopping centers than there are properties available for sale. Historically low vacancy rates helped push national retail asking rents up 2.2%!

🏢 Higher Mortgage Rates Benefit Arizona Apartments: Marcus & Millichap’s October 2026 report indicates that high borrowing costs in the for-sale housing market are keeping renters in apartments longer, helping Metro Phoenix landlords maintain steady occupancy and reduce turnover.

💼 Shifting Labor Market Realities for Real Estate: Due to demographic shifts, rising workplace productivity, and changing immigration trends, Marcus & Millichap reports the U.S. now needs fewer than 50,000 new jobs per month (down from 100,000) to keep unemployment steady, altering how investors project commercial real estate demand.

Which of today's market developments stands out most to you? Drop your thoughts in the comments below! 👇

The U.S. economy may need to add fewer than 50,000 jobs per month to keep unemployment stable, according to a recent Marcus & Millichap report. The number

10/19/2026

🏢 What’s Happening in Arizona Commercial Real Estate Today?

From a nearly 300,000 sq. ft. industrial development in West Tempe to big news for Salad and Go and Grand Canyon University, here is your daily Valley CRE roundup! 🌵

🏭 New 19-Acre Industrial Park in West Tempe: Sky Harbor Innovation Park is officially under construction at 52nd Street and University Drive! Located just west of SR 143, the 19-acre project will feature three Class A industrial buildings totaling nearly 300,000 square feet to serve growing airport logistics and manufacturing demand.

⚖️ Historic Approval for GCU Law School: In an unprecedented ruling, the Arizona Supreme Court has unanimously approved Grand Canyon University’s new College of Law, establishing a groundbreaking path for future GCU law graduates to practice in Arizona.

🥗 Salad and Go is Making an Arizona Comeback: Good news for local foodies! Just months after closing, Salad and Go’s original founding chef, Daniel Patino, has partnered with Hospitality First Concepts to buy back the brand, recipes, and Valley leases (starting with locations in Gilbert and Mesa) to rebuild the concept right here where it began.

🏢 Apartment Concessions Competing with Student Housing: Heavy apartment supply across Phoenix is leading to incredible move-in deals and free-rent concessions, prompting university students to lease off-campus market-rate units instead of traditional dorms or student apartments.

📰 AZRE Features CREDA Arizona: The latest issue of AZRE magazine spotlights CREDA Arizona, featuring the commercial developers, projects, and economic policies shaping the future of real estate across the Valley.

Which of today's market updates catches your eye the most? Drop your thoughts in the comments below! 👇



https://nickminer.com/daily-news-10-19-2026/