$1.5M Cave Creek Shopping Center Renovation Nears Completion

By Corina Vanek | Phoenix Business Journal After making his firm’s first real estate investment in the middle of the Covid-19 pandemic, David Malin is nearing the end of a $1.5 million renovation to the Cave Creek shopping center. Malin, founder of Scottsdale Development Partners, bought the Shops at Dynamite Creek in Cave Creek for …

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Construction Wraps Up On North Scottsdale Spec Office Building

By Corina Vanek | Phoenix Business Journal Axis Raintree, a 175,112-square-foot speculative office building, developed as a partnership between Trammell Crow Co. and PGIM Real Estate completed construction. Trammell Crow Co. and PGIM Real estate completed construction on Axis Raintree in north Scottsdale. The building began construction in October 2019 on one of the last …

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COVID Shifts Phoenix Corporate Relocation, Expansion Prospects

By Corina Vanek | Phoenix Business Journal The coronavirus pandemic has tilted the scales for business prospects in Phoenix, with about 75% of prospective companies working with the Greater Phoenix Economic Council seeking industrial space, a shift from a usual average of about 40%. Thomas Maynard, vice president of business development for GPEC, said that …

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Resurgence of Commercial, Multifamily Development at Airpark

By Corina Vanek | Phoenix Business Journal After more than a decade, the Scottsdale Airpark submarket is seeing a resurgence of construction, from commercial to multifamily projects. “We haven’t had much new office construction in the last 12 to 15 years,” said Jim Keeley, founding partner of Colliers International’s Scottsdale office. “It’s good to see …

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