PHOENIX—USAA Real Estate Company of San Antonio, in association with Tempe-based Metro Commercial Properties, has broken ground on a speculative office development in the I-17 / Deer Valley submarket in Phoenix.

PHOENIX—Ben Smith is chief strategy officer with Surplus Asset Management, an organization dedicated to providing platforms for retailers, wholesalers, individuals and trustees to achieve a maximum return on their assets through online and live auctions. GlobeSt.com caught up with Smith to discuss how surplus inventory impacts the retail sector.

PHOENIX—In this edition of Deal-Tracker, Colliers International in Greater Phoenix recently sold Scottsdale's 35,733-square-foot Village at Via Linda shopping center for $3.75 million as part of a 1031 exchange.

PHOENIX—Savills Studley represented utility software company iFactor with its long-term lease agreement at the new Hayden Ferry 3 development under construction in Tempe.

Alvaro Sande is chief operating officer with Sencorp—the ifirm that's building condos in downtown Phoenix—a venture some would call risky. GlobeSt.com caught up with Sande to find out why he's so sure of his project's success.

PHOENIX—l Colliers International in Greater Phoenix recently completed the sale of a 313,600-square-foot cross-dock distribution warehouse in Phoenix for $20.32 million, or $64.80 per square foot.

PHOENIX—Joint venture partners, Conor Commercial Real Estate, a member of The McShane Companies, and Globe Corporation, announce the acquisition of a 16-acre land parcel for the development of AZ|60.

PHOENIX—While net absorption is down for the same period a year ago, leasing activity is significantly up, according to the second quarter industrial report released by Cushman & Wakefield of Arizona, Inc.