Coverage of commercial real estate in Phoenix focuses on office vacancies, retail properties, industrial demand and major lease agreements. Reporting tracks the market shifts and development projects across the city and surrounding areas.
The Phoenix-area developer plans Black Mountain Village, a grocery-anchored retail center at Black Mountain Parkway and Deer Valley Road.
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November 4, 2026
RED Development Secures $69.3M Refinancing for Phoenix OfficePGIM provided a five-year, fixed-rate loan for The Offices at The Grove at 4300 E. Camelback Road.
October 29, 2026
MHG Commercial Joins eXp Commercial BrokerageThe Phoenix-based real estate team of 18 advisors has transitioned to the national cloud-based brokerage platform.
October 27, 2026
Stream Realty Partners Named Manager of Esplanade IIIThe property management firm now oversees operations for the 222,820-square-foot office building in Phoenix.
October 22, 2026
Aperture Hotels Purchases Historic Downtown Phoenix BuildingThe firm acquired the 104-year-old Ellis Building for $10.3 million to develop a new boutique hotel.
October 20, 2026
Phoenix Art Museum Buys Three Office BuildingsThe museum plans to shift administrative operations to the new site to increase space for local community programming.
October 19, 2026
One Camelback Opens in Uptown PhoenixA former office tower has been transformed into a new 163-residence apartment community in Uptown Phoenix.
October 15, 2026
Phoenix Industrial Vacancy Rates Decline in 2026Large-block industrial space demand strengthens in Phoenix as the city records significant job growth.
October 14, 2026
JLL Secured $718 Million for Industrial PortfolioThe financing package covers 52 industrial properties located across the Phoenix metropolitan area.
October 10, 2026
Aperture Hotels Purchased Historic Phoenix BuildingThe firm acquired the downtown Ellis Building for $10.3 million to develop a new boutique hotel property.
October 6, 2026
Phoenix Commercial Leasing Activity Declined in Q3 2026The city saw shifting vacancy rates and sales volume as the local office market navigated the third quarter of 2026.
Day to day, that means monitoring corporate office occupancy, the conversion of retail space, warehouse demand for logistics and shifts in industrial property pricing. Coverage reaches across the city and the communities around it. Phoenix faces specific challenges regarding the availability of water and power for new industrial sites compared to other markets. Zoning changes and transportation access remain the most frequent factors influencing which properties attract new tenants.
