PHOENIX-A 200,000-sf industrial campus in rapidly growing area of Glendale has been purchased by a local investor. The area is one of the tightest industrial market's in the Valley, with an vacancy rate of about 4.5%.
PHOENIX-The sky over some of the Valley's most upscale residential areas is relatively quiet, but that would all change if the FAA goes forward with proposed changes to the flight routes in and out of Phoenix Sky Harbor Airport.
PHOENIX-A national homebuilder outbid three others, with a bid of nearly $53 million for a parcel in north Phoenix, the highest price ever paid for state trust land.
PHOENIX-The roof, the grass and the water are all presenting problems for designs of the new $335-million stadium for the Arizona Cardinals, which is causing some delays and could further crunch the already tight construction timeline.
PHOENIX-Like discounted watermelon on the Fourth of July, Fleming Cos. is selling off its ABCO chain in Arizona, the latest off load is 19 stores to Independent IGA grocers.
FLAGSTAFF-A $500-million mixed-use development proposed for the southern rim of the Grand Canyon remains alive, despite a court ruling last week that derailed a land trade that's critical to the plans.
PHOENIX-An area of the Valley that has been the most active for office development during the past two years is getting yet another speculative project.
PHOENIX-Trucking giant Consolidated Freightways, one of the nation's largest trucking companies, will open to two new terminals this month, one in Phoenix and the other in Texas, to accommodate the increasing traffic to and from Mexico.