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PHOENIX-A Colorado-based real estate investor who has been buying select properties in the East Valley for the past five years, has purchased another center, this time in Mesa for $12.4 million.
PHOENIX-A state legislator has introduced a bill that would allow general contractors to avoid paying a sales tax increase on contracts signed before June, a move that could save them tens of million of dollars but is opposed by the governor.
PHOENIX-Following in the footsteps of its largest city, Pima County is moving toward adopting an ordinance that would restrict the development of mega retail centers.
PHOENIX--In a sign that retail is rapidly following rooftops in Chandler, a California developer has purchased a parcel in the suburb and is planning a 120,000-sf retail center and hotel.
PHOENIX-A five-hour, standing-room only meeting to determine the fate of the $575-million redevelopment project in south Scottsdale came down to a evenly split council and was decided by the mayor. The Phoenix Coyotes may yet skate in Scottsdale.
PHOENIX-Giant retailer Wal-Mart is expected to drop its court fight and wait for an election next year that will determine whether or not it can build a superstore in Mesa.