News
East Valley farmland slated for lakeside commercial development
November 2, 2026
A lakeside development with restaurants, retail and office is proposed within Morrison Ranch, Gilbert's 3,000-acre master-planned community. The 16-acre project called Lakeside Village would turn empty farmland off Higley Road and Bloomfield Parkway into a 160,000-square-foot upscale development, bringing commercial use to a community where most residential neighborhoods have been built out. Site plans for Lakeside Village were discussed Oct. 28 by the Gilbert Read More
TSMC Phoenix Campus Fuels a $265B Suburban Property Boom
November 2, 2026
North Phoenix is now one of the hottest property markets in the country, and one company is the reason: Bloomberg reports that TSMC's $265 billion project has pulled in suppliers, homebuilders and overseas investors. Industrial vacancy in the northwest suburbs has halved over 12 months to 8% in June, according to Colliers. The wider metro improved by only two points. Suppliers followed the chipmaker out to the northwest edge of the metro. That corner now has the strongest Read More
The District brings massive mixed-use development to Avondale
November 2, 2026
The District is a 32-acre, 269,000-square-foot mixed-use development in the heart of the Boulevard District at the northwest corner of Avondale Boulevard and Van Buren Street. Avondale officials have designated the area as the center core of its BLVD project, which spans 356 acres and includes residential, commercial and employment developments with an urban design theme. The District will feature a major grocery store, plus specialty retail stores, restaurants and entertainment Read More
257-room Hotel Six Four, Mayo Blvd will break ground in North Phoenix
November 2, 2026
Plaza Companies and Fayth Hospitality will break ground on Hotel Six Four, Mayo Blvd, a new 257-room dual-brand Hilton hotel at the southeast corner of 64th Street and Mayo Boulevard in North Phoenix. The six-story hotel will combine the boutique lifestyle experience of Tapestry Collection by Hilton with the extended-stay accommodations of Homewood Suites by Hilton, adding a significant new hospitality offering to one of the Valley’s fastest-growing employment and business campus Read More
LaSalle Investment completes buyout of large West Valley industrial park
November 2, 2026
Global giant LaSalle Investment Management, an independent subsidiary of JLL, scooped up another warehouse building at 303 Crossroads in Glendale on Oct. 29, as interest in industrial deals in the West Valley shows no signs of waning. The firm acquired Building B, which totals about 734,000 square-feet, for $109.5 million, according to Maricopa County property records. It bought the property from Chicago-based Clarius Partners, which
developed the 303 Crossroads industrial Read More
Where Real Estate Opportunities Are Emerging for 2027
October 30, 2026
Real estate opportunities may be broadening heading into 2027, but where investors place their bets will matter more than ever. Drawing from insights from over 1,700 leading real estate investors Read More
NCREIF Property Index Posts Ninth Consecutive Quarter of Positive Total Return
October 30, 2026
Led by seniors housing, quarterly returns rose to 1.41% in the third quarter of 2026 from 1.29% in Q2, the National Council of Real Estate Investment Fiduciaries (NCREIF) reported. The NCREIF Property Read More
Sign up for our newsletters ULI Special Report: Good Time to Buy—or Lend
October 30, 2026
Retail is back with a vengeance. Could multifamily be out of favor? Despite higher interest rates and economic uncertainty, commercial real estate remains attractive.
It’s a good time to be Read More
Property Prices Post Strongest Annual Gain Since December 2025
October 30, 2026
The property types investors have spent recent years avoiding are now driving the US commercial real estate price recovery. The sector they piled into is moving in the opposite direction. And it is happening Read More
50 commercial real estate projects to know in 2027
October 29, 2026
Surveying Arizona’s best commercial real estate projects in is invaluable — it offers a powerful lens into the state’s economic trajectory, revealing where growth, investment and innovation are Read More
Intel’s $32B Arizona Expansion Moves Forward with Next Fab
October 29, 2026
Intel is moving forward with its Fab 62 semiconductor factory at its Ocotillo campus in Chandler, with construction and manufacturing equipment installation underway and operations expected to Read More
Honeywell Aerospace plans ‘largest aerospace investment’ in Tempe history
October 29, 2026
A Phoenix-based aerospace and defense company is expanding in Arizona months after breaking off from its parent company. Honeywell Aerospace is planning a $500 million, 300,000 square-foot Read More
Glendale approves Project Eagle data center development
October 29, 2026
A large-scale data center development called Project Eagle near Luke Air Force Base is moving forward in Glendale. The City Council has approved the zoning and annexation of 160 acres for the Read More
7 Brew finalizes purchase of 63 Salad and Go sites
October 29, 2026
Arkansas-based 7 Brew officially completed its purchase of 63 former Salad and Go locations on Oct. 27 after outbidding Dutch Bros for the sites. In a bulk sale following the Chapter 11 Read More
SIOR Special Report: What’s Driving Industrial Development
October 28, 2026
Navigating uncertainty is just one of today’s key strategies, panelists said. Industrial development still brings plenty of demand across the country, yet developers must be prudent in underwriting and take Read More
Developers In Talks With TSMC Suppliers For $7B Halo Vista Mixed-Use Project
October 28, 2026
The developers of a multibillion-dollar mixed-use district in North Phoenix are in discussions with suppliers for industrial deals as early stages of construction on the project get underway. The target Read More
Semiconductors, data centers fueling development in Phoenix
October 28, 2026
Semiconductor industry investment and demand for data centers are fueling Phoenix’s reputation for economic growth. Metro Phoenix has been the top market for semiconductor investment since 2020 and Read More
190-Unit Luxury Apartment Development Set to Break Ground in Old Town Scottsdale
October 28, 2026
Origin Investments and its partner Mill Creek Residential, a national investment and rental housing company, announced Modera Old Town, a well-located 190-unit multifamily opportunity zone development Read More
19 acres left of land to develop within $1 billion One Scottsdale project
October 28, 2026
A hotel, restaurants, apartments and more condos are coming to a $1 billion master-planned community in north Scottsdale as remaining developable land dwindles. One Scottsdale has been in the Read More
Phoenix Multifamily Builds Momentum Heading Into Q4
Phoenix multifamily is showing renewed momentum as absorption outpaces new deliveries, occupancy improves and investment activity picks up. Nearly a dozen recent closings by ORION Investment Real Estate agents offer a transaction-level look at a market moving toward a more balanced 2027.
ICSC@WESTERN Highlights What’s Driving Retail Growth
The Schillne Retail Team returned from ICSC@WESTERN with a clear view of where retail is headed: expansion remains active, quality locations are increasingly competitive and Phoenix continues to attract attention from national and regional retailers.
CRE Financing Shifts Toward Smarter, More Flexible Structures
Capital remains available, but today’s CRE financing market demands more than simply finding the lowest rate. RJ Opeka of ORION Commercial Capital explains why borrowers are comparing lenders, structures and terms earlier in the deal process to find financing that fits each transaction.
ORION Brings CRE Leaders Together to Discuss Phoenix Growth
Greater Phoenix is building a broader economic foundation as advanced manufacturing, technology and other major industries bring new jobs and investment to the region. At ORION’s Gainey Ranch event, GPEC’s Thomas Maynard explored the forces shaping the Valley’s continued evolution.
What’s Driving the Next Wave of Investment in Gilbert?
Gilbert is moving beyond its reputation as a fast-growing suburb. Healthcare expansion, employment growth and institutional investment are creating a deeper commercial real estate market—and positioning the town for its next phase of development.
Why Private Investors Are Turning to Net-Lease Real Estate
Private investors and 1031 exchange buyers are increasingly turning to single-tenant net-lease properties for predictable income, long-term leases and reduced management responsibilities.
Family Entertainment’s Shift From Space Filler to Retail Anchor
Once viewed as temporary space fillers, family entertainment centers are becoming legitimate retail anchors and powerful traffic drivers. The $19.5 million sale of Mesa Commons shows how the category has evolved—and how investors are changing the way they evaluate entertainment-anchored retail.
Marquis Who’s Who Honors Jay Krew for Expertise in Commercial Real Estate Services
Jay Krew has been selected for inclusion in Marquis Who’s Who. As in all Marquis Who’s Who biographical volumes, individuals profiled are selected on the basis of current reference value.
ORION Investment Real Estate Brokers Sale of 10-Unit MultiFamily Property in Central Phoenix for $1.35
ORION INVESTMENT REAL ESTATE is pleased to announce the successful sale of a fully stabilized 10-unit multifamily property located at 2203 E McKinley Street in Phoenix, which closed for $1,350,000.
ORION Handles All-Cash, 10-Day Deal in $4.8 Million Industrial Sale to City of Phoenix
ORION INVESTMENT REAL ESTATE is proud to announce the successful sale of a 20,150-square-foot industrial facility located at 211 S 28th Street in Phoenix, which closed at $4,800,000.
The Top 50 Women Leaders of Arizona for 2025
These awardees reflect the depth and diversity of leadership shaping the state’s key sectors—from advanced manufacturing and aerospace to biosciences, clean energy, and higher education.
Mother’s Day Spotlight: The Schillne Retail Team
This Mother’s Day, ORION celebrates one of its most dynamic family teams: The Schillne Retail Team — a powerhouse trio made up of Carol Schillne and her two sons, Cole and Matt.
Mother’s Day Spotlight: Mary Nollenberger & Nicole Ridberg
This mother-daughter duo prides itself on building trustworthy, long-term relationships with clients by providing exceptional customer service.
100 best places to work and live in Arizona for 2025
Based on the millions of votes cast for the 2025 edition of Ranking Arizona, the 100 Best Places to Live and Work in Arizona for 2025 earned the most votes from their employees, customers, competitors and community members.
ORION Investment Arranges Acquisition of Multi-Tenant Retail Pad in Surprise, Arizona
ORION Investment Real Estate has brokered the purchase of a multi-tenant retail pad building at the southeast corner of Litchfield and Waddell roads in Surprise
ORION Investment Arranges $4.6 Million Sale of Retail Center in Chandler, Arizona
Max Taylor & Co. LLC sold the asset to The Yerahmiel Rocky Rotshein Property Trust. The property was fully leased at the time of sale. Nick Miner of ORION represented the seller in the transaction. Simon Asef of DMC Real Estate represented the buyer.
My View: Why Arizona Politicians Need to Step up to Fix Housing Affordability
Lining most of the cross-streets in the area are countless tents housing individuals and families alike, serving as their primary shelter in the winter or our sweltering summer.
ORION Adds Real Estate Dynamic Partners to Roster
ORION Investment Real Estate (ORION) welcomes Garrett Hemeyer and Colt Siler as Senior Associates to its growing roster.
ORION Investment Arranges $24M Sale of Montana on Butler Apartment Community in Phoenix
Orion Investment Real Estate has brokered the sale of Montana on Butler, a multifamily property located on Butler Drive in Phoenix.