Phoenix, Ariz., September 22, 2026 – Phoenix Commercial Advisors facilitated the sale of Shake Shack, a newly built, single-tenant restaurant property. The property, located on the northeast corner of 99th Avenue and McDowell Road in Phoenix, sold for $3,900,000, or $1,083.33 per square foot.
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A rising project in downtown Gilbert announced Tuesday a handful of new restaurant tenants.
The U.S. commercial real estate recovery is following markedly different paths across property sectors and markets, Integra Realty Resources (IRR) said in its newly released 2026 Mid-Year Viewpoint Report. More than 90% of retail markets surveyed are in recovery or expansion, while office markets remain evenly divided between recovery and recession.
Two Valley cities are in the top 10 for small business growth, with one of those singled out as one of the best for job growth, according to a new analysis.
Phoenix, Ariz. – Phoenix Commercial Advisors facilitated the sale of Union Street at Norterra, a newly constructed multi-tenant retail center. The property, located on the northeast corner of Norterra Parkway and Happy Valley Road in Phoenix, Ariz., sold for $843 per square foot.
Prescott, Ariz., Aug. 14, 2026 – Ross Dress for Less has signed a lease for approximately 22,425 square feet at Village at the Boulders, a Walmart-anchored shopping center located at Gail Gardner Way and Iron Springs Road in Prescott, Arizona, Phoenix Commercial Advisors has announced.
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