Morristown
Morristown, AZ · Real Estate
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azbigmedia.com
Phoenix New Times
azbigmedia.com
Power shortages threaten Metro Phoenix construction momentum
Access to electrical power has become the deciding factor in whether Phoenix construction projects move forward on schedule, even as demand remains healthy across industrial, office and retail, according to LGE Design Build’s newly released Q3 2026 Construction Delivery Outlook Report. “Demand in Phoenix is still strong across major...
azbex.com
realestatedaily-news.com
bestattractions.org
AZCentral | The Arizona Republic
Developer plans 'first-class destination retail' for north Phoenix site
Vestar, the Phoenix-based developer of open-air malls and shopping centers, came out victorious after a bidding war for 20 acres in north Phoenix at an Arizona State Land Department auction. The site, located north of Pinnacle High School, at Black Mountain Parkway and Deer Valley Road, was approved for a grocery-anchored shopping center in late 2024. Vestar led the rezoning and was the applicant for the auction. Three bidders competed at the auction: Vestar; Castlefin Group, a real estate firm with a presence in Arizona and Taiwan; and A3M Legacy Trust, represented in the auction by longtime Phoenix real estate developer Andrew Cohn. After 35 bids total, Vestar bought the land for $10.35 million. After the 33 rd bid, the Arizona State Land Department representative leading the auction began to declare the auction over, following three chances for bidders to offer a higher bid. While she was speaking, the representative from Castlefin Group raised her paddle, prompting questions about whether the bid should be allowed. Department officials allowed the bid, but Vestar outbid Castlefin in the next round. Vestar plans to develop a 120,000-square-foot shopping center called Black Mountain Village. The project will be anchored by a 65,000-square-foot grocery store
azbigmedia.com
inbusinessphx.com
inbusinessphx.com
Casa Grande Lease-Up Highlights Growth along Phoenix–Tucson Industrial Corridor
The Phoenix Office of JLL announced that it has signed the final lease at KV Casa Grande, bringing the newly constructed, Class A Central Arizona industrial development to fully leased. A project by Kentwood Ventures, KV Casa Grande’s leasing pace reflects a rising demand for Class A industrial space in outlying submarkets as metro Phoenix industrial activity continues to expand.
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inbusinessphx.com
connectcre.com
Cross Harbor Scores $78.5M Financing for Tempe Rental Community
CrossHarbor Capital Partners landed construction take-out financing in the amount of $78.5 million for The Alyssa, a 335-unit Class A multifamily community in Tempe, Arizona. Delivered in 2024, The Alyssa is a four-story community offering studio, one-, two-, and three-bedroom floor plans ranging from 504 to 1,658 square feet with an average unit size of 881 square feet. The property offers amenities including a swimming pool with fountain features and sundeck, outdoor lounge with fireplace and private dining spaces, Peloton-equipped fitness center with cardio and strength equipment, co-working lounge with coffee bar, 605-space controlled-access parking garage with EV charging stations, and a community pet wash station. The Alyssa achieved stabilization just 18 months after delivery.
ABC 15 News
Downtown Mesa businesses thrive as city keeps vacancy rate below 10 percent, leaders say
MESA, AZ — Businesses are filling up fast in downtown Mesa, according to city leaders who say their downtown sector has more than 500 individual properties. All but 6.9% of them are filled. Keeping that downtown vacancy percentage below 10 percent is important to city developers. Blue Corn Bakery...
realestatedaily-news.com
LevRose Commercial Real Estate welcomes Jake Fox as Advisor
SCOTTSDALE, Ariz. (Nov. 6, 2026) – LevRose Commercial Real Estate welcomed Jake Fox as an Advisor, a position in which he will specialize in office properties throughout Metro Phoenix, with a primary focus on the East Valley. Fox represents landlords, tenants, buyers, and sellers, helping clients navigate the market...