Commercial Investment Real Estate

06/02/2026

A $3B hyperscale data center campus is underway in Avondale, planned for five buildings and 240MW of IT capacity at full buildout. Peoria’s $100M Trailhead mixed-use project is nearing retail completion with Flower Child and an HonorHealth medical office now under construction. Capital is still flowing, with a $629M CMBS deal backed by nearly 5,000 Sun Belt apartments and Berkshire Hathaway’s $8.5B acquisition of Scottsdale-based Taylor Morrison at a 24% premium. In the office sector, SkySong has added more than 28,000 SF of new and expansion leases from tenants in financial services, construction, CRE and professional services.

Prime Data Centers launches $3 billion investment in Avondale

06/01/2026

The market’s noisy. These two aren’t.

One is coffee. One is curry. Both are absolute NNN retail deals in Chandler designed for investors who are done “watching” and ready to invest up.

Black Rock Coffee Bar – 2120 N. McQueen Rd
$2,273,000 | 5.5% cap
Corporate‑guaranteed, 15‑year absolute NNN
Drive‑thru coffee in a high‑traffic corridor

Tikka Drive – Indian Cuisine – 80 W. Warner Rd
$3,100,000 | 7.0% cap
20‑year absolute NNN with annual increases
Brand’s first drive‑thru at Arizona Ave & Warner
Two tenants. Two strong Chandler locations. Zero landlord responsibilities.

If these aren’t on your radar yet, ask yourself: what exactly are you waiting for? Contact me for more information.

06/01/2026

School’s out, the sun’s out, and CRE is NOT on summer break. Multifamily is sliding into a late‑cycle normal, banks are finally lending again, Arizona job growth just turned positive, and developers are racing from Gilbert’s 311‑acre Harvest Grove to the TSMC mega‑project in Phoenix to capture the next wave of demand.

Multifamily Enters a Late‑Cycle Normal

05/29/2026

Phoenix CRE is supposedly “slowing,” yet Peoria just landed a 916K SF Aligned data center campus, Glendale’s pouring concrete on a 1.1M SF logistics monster, and industrial has Phoenix sitting at No. 7 in the nation for investment appeal. Tempe’s stacking a 15-story, 289-unit Rambler student tower by ASU while Scottsdale is turning a former Fender HQ into a luxury car storage club because who needs cubicles when you can park Ferraris instead.

Call it what you want, but capital’s still chasing sheds, servers, students and supercars across the Valley—apparently “caution” now just means you underwrite twice before breaking ground once.

Aligned Data Centers moves ahead with two-building campus in Peoria

05/28/2026

JUST SOLD in Peoria, AZ 🏢the sale of a ±3,200 SF freestanding former vet clinic at 9875 W. Peoria Avenue for $879,000 ($275/SF). This highly visible owner-user building sits at the southeast corner of 99th Avenue & Peoria Avenue, offering strong monument signage and easy access in a thriving commercial corridor.

The listing generated multiple offers, and the buyer was ultimately selected for their ability to utilize the existing configuration and remaining equipment.

Congrats to the seller, BluePearl Real Estate, LLC, represented by Nick Miner, CCIM and JT Taylor of ORION Investment Real Estate.

Freestanding owner-user property Sells for $ 879,000 in Peoria AZ

05/28/2026

An industrial buyer just dropped $63.8M on nearly 454K SF in Surprise, a $170M luxury tower is rising in Midtown, Trepp is basically handing CRE investors a cheat sheet on which Fed gauges actually matter, Phoenix’s data center race just added a 2.2M SF speculative campus in Mesa, and Consumer Cellular quietly signed the biggest office deal of the year to plant its HQ in Scottsdale—apparently “waiting on the sidelines” is more of a spectator sport than a strategy.

US Merchants pays $63.8 million for industrial building in Surprise

05/27/2026

Just sold in Old Town Scottsdale 🎉
I am excited to announce the sale of a ±2,162 SF mixed-use land parcel at 7431 E. 6th Avenue for $600,000, right in the heart of the Entertainment District. The buyer saw the long-term value and live/work potential of this rare infill opportunity.

From launch to close in just 3 weeks, this transaction shows how competitive well-located Old Town sites have become.

Scottsdale, AZ – May 26, 2026 – ORION Investment Real Estate is pleased to announce the successful sale of a ± 2,162 square foot mixed-use land parcel located

05/27/2026

Biltmore office space is now fully spoken for, secondary CRE markets are quietly outpacing the big gateway cities, West Valley land is being snapped up for future data centers, ASU’s Novus corridor is stacking more hotel/office/restaurant space, and sports tourism is lining up a fresh wave of hotel demand—tell me again how this cycle is supposed to be “over.”

RED Development fills 30,000-square-foot office footprint at Biltmore Fashion Park

05/26/2026

🏭 Buckeye is rezoning 2,000 acres of farmland to chase a $1B industrial win. No pressure, future tenant.

🛒 Aldi opens in Mesa with 10 more Valley stores coming in 2026. They are not slowing down.

📊 U.S. retail availability is 15% below the 10-year average. Tenants want space. Nobody's building. Make it make sense.

🏙️ The Whitney — a 24-story luxury tower — just broke ground near downtown. Rooftop pickleball court included, naturally.

📉 Phoenix jobs cooling, wages rising, housing holding. The economy is giving "I'm fine" energy.

Full stories 👇

Officials tee up major industrial site to attract the ‘next big thing’ to Arizona

05/25/2026

Freedom isn’t free. Today we remember the service members who never made it home and honor their sacrifice.