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JLL completes full-building sale at Mohr Capital’s West Summit at Surprise
US Merchants expands metro Phoenix footprint with $63.8M, rail-capable acquisition The Phoenix Office of JLL announced that it has completed the sale of the 453,960-square-foot Building One at West Summit at Surprise, a new two-building industrial project developed by Mohr Capital in Surprise, Arizona – one of Arizona’s fastest growing cities. US Merchants, a leading North American manufacturer of consumer goods and packaging, purchased Building One for $63,887,560, creatin
May 223 min read


Grand View Arizona: 2,500-acre mega site to generate $1+ billion in economic impact
Buckeye, Arizona advanced manufacturing campus will redefine economic growth in the region The Phoenix office of JLL announced today that it will market Grand View Arizona, an infrastructure-rich, fully entitled, 2,500-acre mega site in Buckeye, Arizona – ranked one of the fastest-growing cities in the U.S. over the last decade. With the scale to accommodate large-scale, sophisticated manufacturing uses, the project is projected to become a leading employment district, genera
May 183 min read


JLL: Phoenix office leasing activity outpaces demand for Class A product
Vacancy decreased in Q1 to 22.8% while new construction remains low The Phoenix Office of JLL has released its Q1 2026 Phoenix Office Market Dynamics report, noting a modest vacancy reduction in the first quarter and a widening deficit for the kind of highly amenitized, Class A space that today’s modern tenants seek. Total vacancy fell by 50 basis points quarter-over-quarter, to 22.8%. During that same period, absorption rose to 375,983-square-feet, more than double the 148,9
May 52 min read


Barclay Group to build premier Vistancia Commerce Park in Peoria, AZ
JLL will lease mid-size, Class A industrial development within FIVE NORTH at VISTANCIA The Phoenix office of JLL has been selected to lease a new, fully speculative industrial park being developed by Barclay Group within FIVE NORTH, the new 320-acre mixed-use commercial lifestyle destination located within the 7,100-acre Vistancia master planned community in Peoria, Arizona’s Northern Peoria Corridor. Called Vistancia Commerce Park at FIVE NORTH, the Barclay Group project
Nov 13, 20253 min read


Phoenix #2 in U.S. for planned data center development amid historic low vacancy
JLL’s new North America Data Center Report – Midyear 2025 reveals how “power is the new real estate” as the industry races to add...
Sep 23, 20255 min read


Sean Spellman Moves to JLL Phoenix as Managing Director
Brings 18 years of experience to the award-winning JLL office leasing team The Phoenix office of JLL has announced the addition of Sean...
Jul 18, 20251 min read


Creation and PGIM Real Estate to Develop New Class-A Industrial Campus in North Scottsdale
LGE Set to Break Ground This Summer on The Loop Creation , a leading real estate development and alternative investment firm, in...
Apr 21, 20252 min read


Insatiable demand keeps metro Phoenix third in U.S. data center absorption
JLL’s North America Data Center Year-End Report notes new construction ready to triple the Valley’s total inventory In a year where data...
Apr 7, 20255 min read


Mohr Capital completes rail-capable industrial project in Surprise, Arizona
JLL serves as the exclusive leasing broker for Class A West Summit at Surprise On behalf of Dallas-based Mohr Capital, JLL recently...
Oct 31, 20242 min read


JLL promotes Ryan Bartos to Head of Phoenix Tenant Rep Division
Industry veteran continues firm’s deep Phoenix tenant representation roots The Phoenix office of JLL today announced it has promoted...
Sep 25, 20242 min read


Graycor Delivers Phase 1 of IndiCap’s Virgin Industrial Park in the Heart of the Loop 303
Notable 1.5 million s.f. project offers high divisibility, Class A industrial availability Leading general contractor Graycor...
Sep 3, 20242 min read


JLL Industrial Report: Third highest Phoenix Q1 leasing activity on record
Leasing hits 6.3 million s.f. for the quarter, with more demand and absorption on the horizon The Phoenix Office of JLL has released its...
Aug 14, 20242 min read


Indicap Announces Rexel USA's Addition to Eastmark Center of Industry
Indicap proudly announces a new lease agreement with Rexel USA for 42,084 square feet in Phase 1 of the Eastmark Center of Industry....
Aug 12, 20242 min read


GREYSTAR, CITY OFFICIALS CELEBRATE COMPLETION OF CALIBER IN PEORIA, AZ
Class A industrial project marks first delivery within Greystar’s $500 million Peoria Place master plan Greystar, a global leader in the...
Jul 11, 20243 min read


Indicap and AECOM-Canyon Partners Announce Completion of Eastmark Phase 1, Adding Nearly 1 million Square Feet of Industrial Space to Mesa
Indicap, in partnership with AECOM-Canyon Partners, is excited to announce the completion of Phase 1 of the Eastmark Center of Industry....
Apr 16, 20242 min read


Phoenix ranked as the second-largest data center market in the U.S.
New JLL report highlights search for power, land, AI as driving forces for the sector Metro Phoenix prevails as the second-largest data...
Apr 2, 20244 min read


JLL Q4 Report: Phoenix office fundamentals showing signs of stabilizing
Following a challenging 2023, local office market reporting some positive trends The Phoenix Office of JLL has released its Q4 2023...
Feb 1, 20242 min read


BlueScope Properties enters Arizona market with fully leased industrial project
JLL secures TriColor Auto Group pre-lease, bringing up to 500 jobs to Blue Cactus Logistics JLL announced today that it has secured a...
Jan 18, 20242 min read


JLL’s Alexis Lowell to lead Project and Development Services for Arizona, Nevada
Brings over a decade of experience to highly active construction and tenant improvement markets JLL has announced the appointment of...
Nov 17, 20232 min read


First piece of Greystar’s 88-acre Peoria Place breaks ground in Peoria, Arizona
Caliber by Greystar Class A light industrial park soon to be joined by residential, retail Greystar Real Estate Partners has joined with...
May 12, 20233 min read
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