Upon completion, the park will be the largest rail-served industrial mixed-use logistics park in the Midwest, and one of the largest in the country.

After a healthy start to the year, cargo volumes fell 16.6% in May year-over-year, and volumes are down 6% for the year.

Rising interest rates had stalled pricing, but a rapid shift in the 10-Year Treasury rates could fuel modest price growth in the near term.

The 40-unit value-add garden apartment project in the center of Tempe's ASU district trades hands.