
Phoenix
Commercial real estate news and analysis for the Phoenix market.


Hyatt Studios Brand to Debut in North Phoenix as Glendale Industrial Asset Trades for $90.6M
Caliber Companies is bringing the first Hyatt Studios extended-stay hotel to north Phoenix as part of a 15-hotel pipeline, while a 566,000-square-foot industrial building near Glendale sold for $90.6 million.
CRE News Today Staff

Phoenix Industrial Vacancy Posts Largest Drop in Four Years as Demand Rebounds
Phoenix's industrial vacancy rate fell 90 basis points in Q4 2025, its sharpest quarterly decline since 2021, as logistics and advanced manufacturing tenants absorbed 4.4 million square feet across the Valley.
CRE News Today Staff

Midtown Phoenix's Thirty 03 Office Tower Trades for $32.25M in Canada-to-Canada Deal
A 26-story, 458,047-square-foot Class A office tower at 3003 North Central Avenue sold for roughly $70 per square foot after $11 million in capital improvements, highlighting the discount still facing older high-rise office product.
CRE News Today Staff