https://www.bisnow.com/sitemap Bisnow Phoenix News http://blogs.law.harvard.edu/tech/rss en-US Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/office/montecito-pays-premium-fully-leased-gilbert-medical-office-building-133990 https://www.bisnow.com/phoenix/news/office/montecito-pays-premium-fully-leased-gilbert-medical-office-building-133990 A medical office building in Gilbert changed hands for just over $32M, one of the largest commercial real estate transactions in Arizona this past month. craig.idlebrook@bisnow.com Mon, 06 Apr 2026 18:04:33 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/national/news/data-center-development/pitchforks-and-fire-water-fears-top-growing-list-of-risks-for-data-centers-in-desert-southwest-134080 https://www.bisnow.com/national/news/data-center-development/pitchforks-and-fire-water-fears-top-growing-list-of-risks-for-data-centers-in-desert-southwest-134080 Arizona is one of the country's most important data center hotbeds, but the state and the broader Southwest region face distinct challenges that could stunt their digital infrastructure growth.  Chief among them is local anxiety about data centers’... dan.rabb@bisnow.com Fri, 10 Apr 2026 12:54:06 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/mixed-use/7b-halo-vista-development-breaks-ground-next-to-tsmc-campus-in-phoenix-133882 https://www.bisnow.com/phoenix/news/mixed-use/7b-halo-vista-development-breaks-ground-next-to-tsmc-campus-in-phoenix-133882 Construction has started on the build-out of Halo Vista, a 2,300-acre mixed-use development adjacent to the Taiwan Semiconductor Manufacturing Co. campus in north Phoenix, KTAR News reports.  jessica.beebe@bisnow.com Mon, 30 Mar 2026 11:39:57 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/retail/aldi-to-expand-across-metro-phoenix-filling-vacant-big-box-space-133818 https://www.bisnow.com/phoenix/news/retail/aldi-to-expand-across-metro-phoenix-filling-vacant-big-box-space-133818 Discount grocery chain Aldi is expanding across metro Phoenix, filling large retail spaces left vacant by big-box closures, the Phoenix Business Journal reports. jessica.beebe@bisnow.com Wed, 25 Mar 2026 12:44:39 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/technology/experts-say-tsmc-will-completely-change-the-face-of-phoenix-133712 https://www.bisnow.com/phoenix/news/technology/experts-say-tsmc-will-completely-change-the-face-of-phoenix-133712 The construction of Taiwan Semiconductor Manufacturing Co.’s massive chip fabrication plant cluster is fundamentally changing the face of metro Phoenix and the North Valley. jessica.beebe@bisnow.com Wed, 18 Mar 2026 13:08:23 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/industrial/edgecore-gains-board-approval-after-scaling-back-mesa-data-center-plan-133677 https://www.bisnow.com/phoenix/news/industrial/edgecore-gains-board-approval-after-scaling-back-mesa-data-center-plan-133677 EdgeCore gained approval from Mesa’s planning and zoning board on March 11 to build out a data center site in the city, according to the East Valley Tribune.  jessica.beebe@bisnow.com Mon, 16 Mar 2026 17:14:16 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/industrial/arizona-ranked-top-industrial-investment-market-volume-2025-133572 https://www.bisnow.com/phoenix/news/industrial/arizona-ranked-top-industrial-investment-market-volume-2025-133572 Arizona attracted the most industrial investment dollars in 2025 among U.S. states, according to Avison Young’s industrial investment tracker. jessica.beebe@bisnow.com Mon, 09 Mar 2026 17:01:51 -0400 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/data-center/scottsdale-developer-data-center-site-mixed-use-project-133507 https://www.bisnow.com/phoenix/news/data-center/scottsdale-developer-data-center-site-mixed-use-project-133507 Scottsdale-based developer Vintage Partners has scrapped its plans for a data center in greater Phoenix, opting instead to use the same site for a huge mixed-use project, according to the Phoenix Business Journal. jessica.beebe@bisnow.com Wed, 04 Mar 2026 14:27:51 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/construction-development/lge-design-build-market-optimism-phoenix-studiob-133343 https://www.bisnow.com/phoenix/news/construction-development/lge-design-build-market-optimism-phoenix-studiob-133343 After a period of caution, construction in Phoenix is enjoying a burst of activity and optimism, said Josh Rogers, design-build executive at construction firm LGE Design Build. With construction materials and labor costs no longer on the rise, and a broader... marynia.kruk@bisnow.com Fri, 20 Feb 2026 15:58:15 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/industrial/bnsf-railway-co-begins-construction-but-still-waiting-on-plan-approval-133457 https://www.bisnow.com/phoenix/news/industrial/bnsf-railway-co-begins-construction-but-still-waiting-on-plan-approval-133457 BNSF Railway has started site work on land earmarked for a $3.2B project in Wittmann, a rural unincorporated community in the Northwest Valley of the Phoenix metro area.BNSF began work even as it awaits local approval of the revised development plan... jessica.beebe@bisnow.com Mon, 02 Mar 2026 10:28:56 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/healthcare/healthcare-tenants-can-look-to-office-to-medical-conversions-133379 https://www.bisnow.com/phoenix/news/healthcare/healthcare-tenants-can-look-to-office-to-medical-conversions-133379 As medical office building construction shrinks to its lowest levels in a decade, developers are eying vacant office space to repurpose for healthcare use. However, just as with office-to-multifamily conversions, there can be significant restrictions... jessica.beebe@bisnow.com Tue, 24 Feb 2026 16:48:42 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/national/news/industrial/ice-warehouses-38-billion-trammell-crow-blue-owl-rockefeller-group-133346 https://www.bisnow.com/national/news/industrial/ice-warehouses-38-billion-trammell-crow-blue-owl-rockefeller-group-133346 The eternal question of real estate investing — to sell or not to sell? — has perhaps never been harder to answer for owners of empty U.S. warehouses.  The federal government plans to spend $38.3B to acquire industrial buildings and convert them... ethan.rothstein@bisnow.com Sun, 22 Feb 2026 09:24:30 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/mixed-use/arizona-cardinals-break-ground-on-new-phoenix-facility-133350 https://www.bisnow.com/phoenix/news/mixed-use/arizona-cardinals-break-ground-on-new-phoenix-facility-133350 A new Phoenix training facility for the Arizona Cardinals promises to be a significant upgrade from the team's existing training facility in Tempe.  jessica.beebe@bisnow.com Mon, 23 Feb 2026 11:01:58 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/hotel/hotel-proposed-near-taiwan-semiconductor-manufacturing-co-in-phoenix-133300 https://www.bisnow.com/phoenix/news/hotel/hotel-proposed-near-taiwan-semiconductor-manufacturing-co-in-phoenix-133300 A proposal to build a new extended-stay Hyatt Studios hotel near the entrance to the Taiwan Semiconductor Manufacturing Co. campus in northern Phoenix has cleared a potential zoning hurdle and appears to be in the final steps toward receiving approval.  jessica.beebe@bisnow.com Wed, 18 Feb 2026 16:16:39 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/office/silver-creek-acquires-rebrands-150k-sf-office-building-in-asus-mixed-use-district-133264 https://www.bisnow.com/phoenix/news/office/silver-creek-acquires-rebrands-150k-sf-office-building-in-asus-mixed-use-district-133264 A Class-A office building that is part of the Novus Innovation Corridor has traded hands.  jessica.beebe@bisnow.com Tue, 17 Feb 2026 13:11:32 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/industrial/ice-acquires-massive-warehouse-in-phoenix-metro-area-133123 https://www.bisnow.com/phoenix/news/industrial/ice-acquires-massive-warehouse-in-phoenix-metro-area-133123 U.S. Immigration and Customs Enforcement has acquired a 418K SF warehouse in Surprise, Arizona, according to Maricopa County property records, KOLD reported. The $70M cash sale of the facility, which sits near Sweetwater Avenue and Dysart Road, was one... jessica.beebe@bisnow.com Mon, 09 Feb 2026 11:28:44 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/office/fully-leased-tempe-office-building-sells-as-vacancy-rates-in-phoenix-metro-fall-133057 https://www.bisnow.com/phoenix/news/office/fully-leased-tempe-office-building-sells-as-vacancy-rates-in-phoenix-metro-fall-133057 A fully leased office building is something of a rarity in many markets in the current hybrid work climate, but one just sold in the strongest office submarket in Metro Phoenix.  A Tempe office building at Hohokam Court was acquired last month for $11.7M,... jessica.beebe@bisnow.com Wed, 04 Feb 2026 08:37:24 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/transportation/phoenix-alters-light-rail-plan-halting-extension-to-capitol-132978 https://www.bisnow.com/phoenix/news/transportation/phoenix-alters-light-rail-plan-halting-extension-to-capitol-132978 The Phoenix City Council voted on Jan. 27 to halt a planned light rail extension to the Arizona state capitol, opting to prioritize an alternate route along the West Phoenix corridor, Axios reported. jessica.beebe@bisnow.com Thu, 29 Jan 2026 11:17:12 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/retail/arizona-scoops-up-3-frozen-yogurt-chain-locations-132924 https://www.bisnow.com/phoenix/news/retail/arizona-scoops-up-3-frozen-yogurt-chain-locations-132924 The New York-based frozen yogurt chain 16 Handles is expanding into metro Phoenix, Hoodline reported. The company announced it is planning three new froyo shops in the area. The first opening is planned for the spring in south Chandler, followed by locations... jessica.beebe@bisnow.com Tue, 27 Jan 2026 14:15:42 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/industrial/taiwan-semiconductor-manufacturing-co-ramps-up-construction-in-phoenix-132813 https://www.bisnow.com/phoenix/news/industrial/taiwan-semiconductor-manufacturing-co-ramps-up-construction-in-phoenix-132813 Taiwan Semiconductor Manufacturing Co. is accelerating the timeline for development of its massive chip fabrication plant cluster in Phoenix, according to an Axios report. On an earnings call in early January, TSMC Chairman and CEO Che-Chia Wei said... jessica.beebe@bisnow.com Tue, 20 Jan 2026 15:20:59 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/office/tempe-office-market-remains-steady-with-strong-sublet-demand-132738 https://www.bisnow.com/phoenix/news/office/tempe-office-market-remains-steady-with-strong-sublet-demand-132738 Tempe, Arizona’s office market is remaining steady and seeing strong sublet demand, according to a Q4 2025 report by Kidder Mathews. Tempe, which has an estimated population of 190,114, carried the Phoenix office market in net absorption in Q4 2025.... jessica.beebe@bisnow.com Thu, 15 Jan 2026 11:08:40 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/retail/iconic-california-latino-grocery-chain-opens-first-arizona-location-132758 https://www.bisnow.com/phoenix/news/retail/iconic-california-latino-grocery-chain-opens-first-arizona-location-132758 The Latino grocery store chain Vallarta Supermarkets this week expanded beyond California for the first time. The grocer opened a new location Jan. 14 in Glendale, Arizona. The store, which was announced in October, sits at 5836 W. Camelback Road and... jessica.beebe@bisnow.com Thu, 15 Jan 2026 15:27:10 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/data-center-capital-markets/arizona-gov-suggests-dropping-tax-incentives-for-data-centers-132732 https://www.bisnow.com/phoenix/news/data-center-capital-markets/arizona-gov-suggests-dropping-tax-incentives-for-data-centers-132732 Arizona Gov. Katie Hobbs is pushing to cut down on lucrative state tax incentives for data centers. The Arizona Department of Revenue estimated the incentives lose the state $38M a year. “It’s time we make the booming data center industry work for... jessica.beebe@bisnow.com Wed, 14 Jan 2026 17:25:56 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/mixed-use/new-high-rise-community-proposal-tempe-arizona-132679 https://www.bisnow.com/phoenix/news/mixed-use/new-high-rise-community-proposal-tempe-arizona-132679 The Empire Group of Cos. is proposing a new high-rise community called Revelry in Tempe, Arizona, the company announced in a Wednesday press release via its luxury urban Aspirant Development division. The new Class-A mixed-use high-rise community is... jessica.beebe@bisnow.com Mon, 12 Jan 2026 15:30:40 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/affordable-housing/phoenix-market-remains-short-on-affordable-housing-units-132450 https://www.bisnow.com/phoenix/news/affordable-housing/phoenix-market-remains-short-on-affordable-housing-units-132450 Phoenix is short nearly 60,000 units of affordable housing, according to the city, which changed its zoning laws and affordable housing trust fund guidelines in November to encourage more housing.  On Nov. 18, the Phoenix City Council passed new guidelines... jessica.beebe@bisnow.com Fri, 19 Dec 2025 10:04:04 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/data-center-community-relations/maricopa-county-to-modernize-zoning-rules-around-data-centers-132394 https://www.bisnow.com/phoenix/news/data-center-community-relations/maricopa-county-to-modernize-zoning-rules-around-data-centers-132394 Arizona’s Maricopa County Board of Supervisors voted in favor of modernizing county zoning rules, a move that will bring clarity to which districts' data centers are allowed in, as reported by the Phoenix Business Journal. The county’s new ordinance,... jessica.beebe@bisnow.com Tue, 16 Dec 2025 16:22:44 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/industrial/new-industrial-park-coming-to-phoenix-metro-area-132317 https://www.bisnow.com/phoenix/news/industrial/new-industrial-park-coming-to-phoenix-metro-area-132317 Provident Industrial has acquired 27 acres in Glendale in the Phoenix metro area to develop a three-building, Class-A industrial park called Aldea Exchange, according to a press release. jessica.beebe@bisnow.com Thu, 11 Dec 2025 14:17:35 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/data-center-development/will-the-data-center-wave-in-metro-phoenix-finally-ebb-132125 https://www.bisnow.com/phoenix/news/data-center-development/will-the-data-center-wave-in-metro-phoenix-finally-ebb-132125 Phoenix, one of the largest data center hubs in the U.S., may soon see a decline in the development pipeline for the facilities, CRE experts said.  “The data center wave may be cooling off here in Phoenix, just given the lack of available electrons,”... jessica.beebe@bisnow.com Tue, 02 Dec 2025 15:48:00 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/build-to-rent/christopher-todd-capital-buys-surprise-rental-home-community-from-former-partner-132064 https://www.bisnow.com/phoenix/news/build-to-rent/christopher-todd-capital-buys-surprise-rental-home-community-from-former-partner-132064 Christopher Todd Capital purchased a 193-home rental community in the Phoenix suburb of Surprise for $55M last week, Phoenix Business Journal reported. jessica.beebe@bisnow.com Tue, 25 Nov 2025 14:27:31 -0500 Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) Bisnow (https://www.bisnow.com) https://www.bisnow.com/phoenix/news/women/phoenix-cre-women-discuss-the-value-of-teamwork-industry-connections-and-strong-work-culture-131854 https://www.bisnow.com/phoenix/news/women/phoenix-cre-women-discuss-the-value-of-teamwork-industry-connections-and-strong-work-culture-131854 julia.troy@bisnow.com Wed, 12 Nov 2025 14:34:07 -0500