Construction of 23 big box buildings totaling 10.2 million square feet was completed during 2018, with 16 projects totaling 6.9 million square feet built on a speculative basis.

Recent renovations at the property include upgraded interior finishes and the addition of a “Tenant Center”, which features a new cafeteria, conference rooms, tenant lounge and fitness center.

Hotel occupancy in the Tempe market was up 250,000 rooms in 2018, while hotel room sales were up 12%.

The construction industry has lost 600,000 jobs since 2008, and 79% of construction companies need to hire more employees in 2019.