Former Rockefeller mansion in exclusive Biltmore area sells for $5M

Phoenix Business Journal 1/19 1:00A Angela Gonzales

Claim to fame: A mansion in Phoenix built by the Rockefeller family just closed in a $5 million sale.

Builder scoops up first phase of new Valley master-planned community

Phoenix Business Journal 1/16 5:12A Angela Gonzales

A national homebuilder that has scooped up lots all over metro Phoenix has just closed on 309 acres, as the first builder to buy land at a new master-planned community in the West Valley.

Apartment investors, developers bullish despite higher interest rates than expected

Phoenix Business Journal 1/15 12:45A Angela Gonzales

Whether they're buying existing units or building new ones, developers and investors are bullish on metro Phoenix in 2025. Here's why.

NCAA execs headline Business Journal's Business of Sports event

Phoenix Business Journal 1/13 6:01A Greg Barr

When Caitlin Clark, Diana Taurasi and the rest of the U.S. women's basketball team collided at Footprint Center last July, the sports world certainly took notice. The massive success of the WNBA All-Star Game in Phoenix, and the subsequent gold...

Third-party logistics firm signs big lease in Loop 303 corridor

Phoenix Business Journal 1/13 12:45A Audrey Jensen

One of the largest industrial lease deals of 2024 closed in the span of two days in one of the remaining vacant buildings located along the Loop 303 in Glendale.

New details emerge on redevelopment of former Phoenix Financial Center

Phoenix Business Journal 1/9 12:30A Audrey Jensen

The 18-story midtown Phoenix office tower known for its slots resembling a vintage computer punch card is part of a New York firm's plans to develop an urban resort with a mix of uses.

City officials, Phoenix startups in spotlight at CES 2025 tech conference

Phoenix Business Journal 1/8 12:15A Amy Edelen

City leaders and three Phoenix-area startups are showcasing the Valley’s growing innovation ecosystem this week at CES in Las Vegas, the technology industry’s largest tech conference.

Second phase of Phoenix industrial project breaks ground

Phoenix Business Journal 1/8 12:15A Audrey Jensen

Ryan Cos. has started moving dirt on the second phase of a north Phoenix industrial project that has already seen success in leasing and acquisitions.

Dallas firm plans transit-oriented business park near Metrocenter

Phoenix Business Journal 1/7 12:15A Audrey Jensen

A Dallas-based firm is moving forward with its second major project in metro Phoenix — right next to the former Metrocenter mall and the new light rail extension.

10 deals worth $1.3 billion made up largest apartment transactions of 2024

Phoenix Business Journal 1/6 12:30A Angela Gonzales

Northmarq conducted research exclusively for Phoenix Business Journal, tracking the top 10 multifamily transactions of 2024. Here's how deals compared to 2023.

Newly built estate on 14th green of Phoenix Country Club listed for $6M

Phoenix Business Journal 1/5 3:00A Angela Gonzales

After the founder of Boxwell Homes razed a 1930s house on the 14th green of the Phoenix Country Club and started building a new one in its place, he realized it was too big for him and his family. Now the $6 million estate is under contract. Look...

Amid tight market, Phoenix sees decline in construction jobs

Phoenix Business Journal 1/2 12:00A Greg Barr

Phoenix saw the fourth-highest loss of construction jobs in the country in the 12-month period that ended in November 2024, according to an industry report.

Penn State wins a Fiesta Bowl that differed significantly from years past

Phoenix Business Journal 12/31 6:46P Brandon Brown

Penn State won the very first College Football Playoff Quarterfinal game, which was played on Dec. 31 at State Farm Stadium in Glendale. For teams, fans, sponsors, nonprofits and others, much has changed about the bowl game experience.

From real estate to medtech and brewery execs: Valley lost iconic figures in 2024

Phoenix Business Journal 12/31 12:00A Jeff Gifford

The Valley's business community lost several influential and inspiring figures in 2024, including the Black Chamber of Arizona's leader, the leader of a prominent Phoenix-area property owner and the founder of the state's largest brewery, among...

Here are the most anticipated Valley restaurants coming in 2025

Phoenix Business Journal 12/30 1:00A Brandon Brown

Phoenix’s restaurant scene continues to grow, expand and change. Some big additions are expected in 2025.