News Summary The Arizona Republic is moving its printing operations from its Deer Valley facility in Phoenix to Las Vegas in October 2023. This transition will result in the layoff...
News Summary The housing market in Phoenix is undergoing a significant decline in profit margins, with the median profit margin for home sales dropping to 52.4% in Q1 2025. This...
News Summary Phoenix has taken a significant step in regulating data center operations, becoming the second city in the Valley to introduce comprehensive regulations alongside Chandler. The City Council’s unanimous...
News Summary As Phoenix approaches 2025, its commercial real estate sector is experiencing significant shifts. While the office space market faces challenges with high vacancy rates, the industrial sector is...
News Summary Starting July 1, the City of Phoenix will raise the transaction privilege and use tax (TPT) rate from 2.3% to 2.8%. This change targets specific business sectors to...
News Summary In a significant event for the Phoenix real estate market, the Tides on Cave Creek apartment complex has been sold at auction for $61.2 million. This sale raises...
News Summary Phoenix Mayor Kate Gallego is advocating for a financially responsible bill focused on renovating Chase Field, home of the Arizona Diamondbacks. During discussions on House Bill 2704, she...
News Summary Former Arizona Coyotes owner Alex Meruelo has sold his Paradise Valley home for $30 million, netting a profit of $17.9 million. The sale comes amid a cooling housing...
News Summary Arizona Public Service (APS) plans to file a rate case in June 2025, following an 8% increase in residential utility bills. This increase aims to address rising costs...
News Summary The latest AZ Big Podcast episode features insights from Kerri Swischuk and Victoria Fearey of Phoenix Design One, discussing the evolution of office design. As businesses adapt to...
News Summary The latest episode of the AZ Big Podcast delves into emerging trends in office design, featuring insights from experts at Phoenix Design One. Hosted by Michael Gossie and...
News Summary Phoenix is witnessing a slowdown in industrial construction activity as 2025 begins, yet the city boasts a substantial development pipeline of 11.9 million square feet of industrial space....
News Summary TopBuild Corp. has successfully acquired Progressive Roofing for $810 million in an all-cash transaction. This strategic move aims to enhance TopBuild’s position in the commercial roofing market. Progressive...
News Summary Encore Landscape Management has been recognized as one of the best places to work in the nation for 2025 by Lawn & Landscape Magazine. This accolade highlights the...
News Summary Provident Industrial, a division of a Dallas-based firm, is opening a new regional office in Phoenix, Arizona. This strategic expansion aims to enhance operations in the Southwest and...
News Summary Starting July 1, the City of Phoenix will raise the transaction privilege and use tax (TPT) rate from 2.3% to 2.8%. This change targets specific business sectors to...
News Summary Kellwood Company LLC has secured its new headquarters in downtown Phoenix by purchasing the Monroe building for $17.08 million. This strategic acquisition of the 19-story office space, totaling...
News Summary Phoenix will welcome a new dual-branded hotel complex, featuring AC Hotel by Marriott Norterra and Element by Westin Norterra, set to open in November 2025. With a total...
News Summary Phoenix is witnessing a surge in luxury apartment complexes, drawing residents with lavish amenities and sophisticated designs. Rooftop pools, stunning views, and features like dog wash spas and...
News Summary The Arizona Republic is moving its printing operations from its Deer Valley facility in Phoenix to Las Vegas in October 2023. This transition will result in the layoff...
News Summary The Phoenix housing market is witnessing a significant shift with a notable increase in home listings, the highest since 2019. This change is occurring alongside slowing buyer demand,...
News Summary Arizona’s real estate market is experiencing a historic transformation, marked by record-breaking commercial real estate transactions. With three of the decade’s largest deals happening this year, including the...
News Summary Phoenix is witnessing a slowdown in industrial construction activity as 2025 begins, yet the city boasts a substantial development pipeline of 11.9 million square feet of industrial space....
News Summary The housing market in Phoenix is undergoing a significant decline in profit margins, with the median profit margin for home sales dropping to 52.4% in Q1 2025. This...
News Summary Provident Industrial, a division of a Dallas-based firm, is opening a new regional office in Phoenix, Arizona. This strategic expansion aims to enhance operations in the Southwest and...
News Summary The Phoenix real estate market is shifting in favor of buyers due to increased home inventory and decreased prices. Bidding wars have reduced, allowing buyers to make informed...
News Summary As Phoenix approaches 2025, its commercial real estate sector is experiencing significant shifts. While the office space market faces challenges with high vacancy rates, the industrial sector is...
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