PHOENIX-American Express has leased a 90-acre parcel in north Phoenix from the state and plans to begin construction on a one-million-sf office campus that could accommodate 3,100 employees.

PHOENIX-A California investor has purchased a small retail center in Youngtown, a mostly retirement community near Sun City in the northeast Valley.

PHOENIX-With votes cast for building a new stadium for the Arizona Cardinals leading those opposed by a 4% margin, the site selection process is already getting under way.

PHOENIX-Office demand remains strong throughout metro Phoenix, especially in Scottsdale and along Camelback Road. Demand should outpace new development for the rest of year, even with more than 3.8-million sf under construction.

PHOENIX-Quiet Cave Creek, a suburb of Phoenix, could see one-third of its commercial land taken up by a mixed-use development that would include a 250-room hotel and up to 432,000 sf of commercial space.

PHOENIX-A local development company has purchased a parcel near Phoenix Sky Harbor Airport with plans to build a 140,000-sf warehouse project.

PHOENIX-A joint venture has purchased a 30-acre site near two 331,000-sf distribution buildings and has started construction on a $7.5-million trucking terminal.

PHOENIX-For the first time in more than a decade, a developer will build a for-sale residential, multi-family project in the central Phoenix area, spending more than $70 million to build a 303-unit project.