https://www.bisnow.com/rss-feed/phoenix Bisnow Phoenix News https://www.rssboard.org/rss-specification en-US Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/finance/lument-closes-on-73m-bridge-loan-for-acquisition-of-phoenix-btr-community-135585 https://www.bisnow.com/news/phoenix/finance/lument-closes-on-73m-bridge-loan-for-acquisition-of-phoenix-btr-community-135585 Lument provided the financing for Golden Horizon, which purchased the property earlier this month for $112.5M. Tue, 28 Jul 2026 21:45:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/office/phoenix-office-market-thrives-vacancy-continues-decline-135517 https://www.bisnow.com/news/phoenix/office/phoenix-office-market-thrives-vacancy-continues-decline-135517 More buildings are being taken offline, reducing options for tenants. Wed, 22 Jul 2026 19:26:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/historic-ground-lease-bringing-1m-sf-light-industrial-project-to-phoenix-135398 https://www.bisnow.com/news/phoenix/industrial/historic-ground-lease-bringing-1m-sf-light-industrial-project-to-phoenix-135398 Majestic Realty Co. announced a ground lease agreement for a 1M SF light industrial project. Mon, 13 Jul 2026 16:40:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/adaptive-reuse/phoenix-sees-boon-in-office-conversions-due-to-excess-supply-lack-of-land-135135 https://www.bisnow.com/news/phoenix/adaptive-reuse/phoenix-sees-boon-in-office-conversions-due-to-excess-supply-lack-of-land-135135 Phoenix is seeing a boom in office conversions as it faces excess supply paired with a lack of available land. Wed, 24 Jun 2026 12:09:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/massive-lowes-warehouse-in-mesa-industrial-park-sells-for-116m-135042 https://www.bisnow.com/news/phoenix/industrial/massive-lowes-warehouse-in-mesa-industrial-park-sells-for-116m-135042 The deal is one of the largest single-building industrial sales in the Phoenix metro area so far this year. Tue, 16 Jun 2026 09:53:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/machine-investment-group-acquires-10-building-industrial-park-in-southeast-valley-134814 https://www.bisnow.com/news/phoenix/industrial/machine-investment-group-acquires-10-building-industrial-park-in-southeast-valley-134814 Machine Investment Group has acquired a 10-building industrial park in the Phoenix submarket Southeast Valley. Tue, 02 Jun 2026 07:01:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/developers-race-to-grab-space-as-tsmc-speeds-up-chipmaking-fabs-134745 https://www.bisnow.com/news/phoenix/industrial/developers-race-to-grab-space-as-tsmc-speeds-up-chipmaking-fabs-134745 Ever since TSMC announced the project in 2020, developers have been grabbing industrial sites and nearby land plots in hopes of capitalizing on the expansion. Wed, 27 May 2026 14:03:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/tempes-state-farm-headquarters-sold-for-375m-will-become-industrial-space-134530 https://www.bisnow.com/news/phoenix/industrial/tempes-state-farm-headquarters-sold-for-375m-will-become-industrial-space-134530 Tempe’s State Farm HQ sold for $37.5M and will become industrial space. Mon, 11 May 2026 13:39:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/office/ground-floor-retail-offerings-boost-office-scene-in-phoenix-area-134439 https://www.bisnow.com/news/phoenix/office/ground-floor-retail-offerings-boost-office-scene-in-phoenix-area-134439 While few new offices are being built in the metro area, those that are use retail as a draw. Wed, 06 May 2026 07:28:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/multifamily/blackstone-sells-glendale-apartment-community-at-a-loss-134343 https://www.bisnow.com/news/phoenix/multifamily/blackstone-sells-glendale-apartment-community-at-a-loss-134343 The REIT sold the complex for 18% less than it paid for it in 2021. Wed, 29 Apr 2026 08:51:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/hotel/strong-hotel-pipeline-phoenix-projected-grow-more-134121 https://www.bisnow.com/news/phoenix/hotel/strong-hotel-pipeline-phoenix-projected-grow-more-134121 The strong hotel pipeline in Phoenix is projected to expand in 2026. Wed, 15 Apr 2026 13:25:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/office/montecito-pays-premium-fully-leased-gilbert-medical-office-building-133990 https://www.bisnow.com/news/phoenix/office/montecito-pays-premium-fully-leased-gilbert-medical-office-building-133990 Medical office buildings are in high demand as the pipeline for new spaces is narrow. Mon, 06 Apr 2026 16:53:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/mixed-use/7b-halo-vista-development-breaks-ground-next-to-tsmc-campus-in-phoenix-133882 https://www.bisnow.com/news/phoenix/mixed-use/7b-halo-vista-development-breaks-ground-next-to-tsmc-campus-in-phoenix-133882 The mixed-use campus, being co-developed by Mack Real Estate Group and McCourt Partners, will serve TSMC workers. Mon, 30 Mar 2026 12:19:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/retail/aldi-to-expand-across-metro-phoenix-filling-vacant-big-box-space-133818 https://www.bisnow.com/news/phoenix/retail/aldi-to-expand-across-metro-phoenix-filling-vacant-big-box-space-133818 The discount grocer is also planning a 569K SF distribution center in Goodyear. Wed, 25 Mar 2026 10:24:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/technology/experts-say-tsmc-will-completely-change-the-face-of-phoenix-133712 https://www.bisnow.com/news/phoenix/technology/experts-say-tsmc-will-completely-change-the-face-of-phoenix-133712 Developers believe the semiconductor company's investment in a cluster of plants will transform Phoenix to a cutting-edge tech hub. Wed, 18 Mar 2026 12:02:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/edgecore-gains-board-approval-after-scaling-back-mesa-data-center-plan-133677 https://www.bisnow.com/news/phoenix/industrial/edgecore-gains-board-approval-after-scaling-back-mesa-data-center-plan-133677 The approval comes after Mesa officials implemented new restrictions on data center development in the city. Mon, 16 Mar 2026 16:01:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/arizona-ranked-top-industrial-investment-market-volume-2025-133572 https://www.bisnow.com/news/phoenix/industrial/arizona-ranked-top-industrial-investment-market-volume-2025-133572 Industrial investors were drawn to the state's policies and geography, analysts say. Mon, 09 Mar 2026 16:01:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/data-center/scottsdale-developer-data-center-site-mixed-use-project-133507 https://www.bisnow.com/news/phoenix/data-center/scottsdale-developer-data-center-site-mixed-use-project-133507 A developer has scrapped plans for a data center site following a change in local regulations and concerns about the cost of connecting to the power grid. Wed, 04 Mar 2026 10:57:00 -0500 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/industrial/bnsf-railway-co-begins-construction-but-still-waiting-on-plan-approval-133457 https://www.bisnow.com/news/phoenix/industrial/bnsf-railway-co-begins-construction-but-still-waiting-on-plan-approval-133457 The project is a planned logistics park and intermodal facility on a 4,200-acre site near Phoenix. Mon, 02 Mar 2026 07:59:00 -0500 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/healthcare/healthcare-tenants-can-look-to-office-to-medical-conversions-133379 https://www.bisnow.com/news/phoenix/healthcare/healthcare-tenants-can-look-to-office-to-medical-conversions-133379 Completion of construction of new medical office building space is expected to drop by 26% in 2026, according to CBRE. Thu, 26 Feb 2026 08:08:00 -0500 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/mixed-use/arizona-cardinals-break-ground-on-new-phoenix-facility-133350 https://www.bisnow.com/news/phoenix/mixed-use/arizona-cardinals-break-ground-on-new-phoenix-facility-133350 The new facility in Phoenix will encompass 30 acres and an additional 250K SF, about twice as large as the existing facility in Tempe. Mon, 23 Feb 2026 08:17:00 -0500 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/phoenix/hotel/hotel-proposed-near-taiwan-semiconductor-manufacturing-co-in-phoenix-133300 https://www.bisnow.com/news/phoenix/hotel/hotel-proposed-near-taiwan-semiconductor-manufacturing-co-in-phoenix-133300 The proposed hotel would have 114 rooms and be part of the Hyatt Studios upscale extended-stay brand. Thu, 19 Feb 2026 09:49:00 -0500