PHOENIX-Retail vacancy has dipped to its lowest point in more than a decade, as demand for space continues to outpace a record amount of new construction.

PHOENIX-A joint venture is in negotiations to purchase one of the largest malls in the metropolitan area for $42 million. The new owners plan to spend another $42 million over the next two years to update and add to the property.

PHOENIX-With the vote of whether to fund a new football stadium for the Arizona Cardinals, proponents of a West Valley site say that building it there would cost half as much as elsewhere in metropolitan Phoenix.

PHOENIX-The upscale corner of 24th and Camelback Road may have a new tony tenant if a lease deal for Charles Schwab & Co. for more than 173,000 sf comes to fruition.

PHOENIX-A Mesa investor purchases condominium complex, but will not sell them.

PHOENIX-New Mexico developer buys 3.5 acres near busy Phoenix freeway and will build a business hotel there.

PHOENIX-A prime parcel in north Phoenix, a 160-acre former horse ranch, has been rezoned and will be the location of an open-air mall, apartment development and auto dealership within the next year.

PHOENIX-After more than a decade of struggle, a $330-million development poised on the edge of Grand Canyon National Park faces it's final hurdle in Coconino County in the Nov. 7 election.