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Taiwan’s TSMC progressing well with Arizona chip plant, governor says

(Reuters – August 31, 2022) – Taiwanese chip maker TSMC is making “excellent” progress building its new plant in Arizona, the governor of the U.S. state said on Wednesday, going on to praise his state’s role in training Taiwanese fighter pilots.

Here’s how Arizona will benefit from massive federal semiconductor funding

(Phoenix Business Journal – September 15, 2022) – The federal government recently approved $52 billion for the semiconductor industry, and Arizona leaders are preparing to access a share of that funding.

ASU named No. 1 in innovation for 8th straight year

(AZBigMedia – September 14, 2022) – For the eighth year in a row, Arizona State University is No. 1 in innovation in the newly released annual Best Colleges rankings by U.S. News & World Report.

Corning brings $100M manufacturing facility, 250 jobs to Gilbert

(AZBigMedia – September 6, 2022) – Corning Incorporated announced today that it is expanding manufacturing capacity for optical cable.

Largest incoming class brings GCU campus enrollment to a record 25,000

(AZBigMedia – September 1, 2022) – Amidst a national environment in which nearly 7% fewer high school graduates are enrolling in college, Grand Canyon University continues to set enrollment records.

Arizona posts huge job gains in July

(AZBigMedia – September 1, 2022) – Arizona added 22,900 jobs over the month in July, up from a revised 11,600 the prior month.

Test shows Gilbert has fastest internet speed among 100 biggest cities

(AZBigMedia – September 13, 2022) – Cox Communications today announced that its high-speed internet service has been recognized by Ookla Speedtest as offering America’s fastest internet download speeds in the second quarter of 2022.

Metro Phoenix almost doubles its apartment construction

(AZBigMedia – August 31, 2022) – The most anticipated RentCafe report is out – and do we have some news. No less than 420,000 new apartments are expected to be built nationwide by the end of this year.

Glendale rezones high-profile 188 acres for mixed use development

(AZBigMedia – September 14, 2022) – As a result of a multi-year public private collaborative effort, the Glendale City Council recently voted to approve the rezoning of 188 acres for mixed use development.

Metro Phoenix becomes one of the Top 10 buyers markets

(AZBigMedia – September 13, 2022) – Knock today announced the launch of the Knock Buyer-Seller Market Index, which revealed the U.S. housing market began to shift in July toward buyers for the first time since 2017 — and Metro Phoenix now ranks among Top 10 buyers markets.

Phoenix Investment Sales, 2022 2Q Report

Phoenix Investment Sales, 2021 Year End Report

The Colliers Investment Team provides timely, accurate and comprehensive property and market analysis for office, retail and industrial properties throughout metropolitan Phoenix. Our mission is to inform and educate the buyers and sellers of commercial real estate in the 13th largest metropolitan area in the United States. For custom or submarket-specific analytics and property-level evaluations, please contact any member of our team.