Development Trends to Watch: How Commercial Real Estate Is Evolving

Financial services firm relocates from Mesa to 24,526-square-foot flagship office at SkySong 5; two other significant leases inked recently SCOTTSDALE, Ariz. (September 10, 2026) —

More Than 4,500 Meetings and Events Bring Approximately 63,000 Visitors Annually to South Scottsdale SCOTTSDALE, Ariz. (August 3, 2026) — For 20 years, SkySong, The

New leases, expansions and spec suite development reflect continued demand for innovation-focused workspace SCOTTSDALE, Ariz. (May 29, 2026) — SkySong, The ASU Scottsdale Innovation Center,

25,330-Square-Foot Outpatient Cardiology Center to Open in the Burgbacher Building Park Central continues to strengthen its position as a premier healthcare destination with a significant

As SkySong, The ASU Scottsdale Innovation Center marks its 20th anniversary, the transformation of Scottsdale’s McDowell Road Corridor stands as one of the clearest and

Recognition from U.S. News & World Report carries significant weight in the senior living industry, reflecting high levels of resident satisfaction, quality of care, and

SkySong, The ASU Scottsdale Innovation Center is celebrating its 20th anniversary, marking two decades of growth from a bold concept into one of Arizona’s most influential

 From the Phoenix Business Journal By Sharon Harper, Chairman & CEO, Plaza Companies  Twenty years ago, when we first began talking about transforming the site

 Healthcare delivery is changing, and that shift is reshaping commercial real estate across Arizona. Increasingly, medical providers are expanding beyond large hospital campuses and into

 Arizona’s hospitality sector continues to evolve as travel patterns shift, tourism rebounds, and business visitors return to the state in growing numbers. From metropolitan Phoenix

Civic, education, and transit leaders gathered on Friday, February 20 to unveil the new Point of Interest name at the Thomas/Central Avenue light rail station

Experienced Leaders Will Guide Growth, Major Projects and Community Impact Across Multiple Verticals PEORIA, Arizona (January 15, 2026) — Plaza Companies has promoted four members of

As commercial real estate continues to recalibrate in the wake of economic shifts, changing work patterns, and evolving tenant expectations, 2026 is shaping up to

From the Phoenix Business Journal Christopher Collins, the chef and restaurateur behind Common Ground Culinary and its concepts The Collins Small Batch Kitchen, Grassroots Kitchen

Additional New Leases Signed Totaling More Than 18,000 Square Feet SkySong, The ASU Scottsdale Innovation Center, has seen another wave of new leasing activity in

Leading Nonprofit will Occupy the 14,000-Square-Foot Graham Building Valley of the Sun United Way will relocate its headquarters to the revitalized Park Central development in

The Arizona Builders Alliance (ABA), a leading trade association for contractors in Arizona, has signed a lease for a significant space at SkySong, The ASU Scottsdale

Plaza Companies has joined Valleywise Health and Kitchell Contractors to lead the next phase of transformation at the Valleywise Health Medical Center campus, with the

Tenure: One year with Plaza Companies What’s your role with Plaza Companies? I work on the tenant improvement and construction side of things for our

In 2021, Salt River Devco sought a trusted partner to manage the expansive Chaparral Business Center in Scottsdale. They turned to Plaza Companies — one

Holualoa Companies’ Property Refurbished by Plaza Companies’ Property Management and Construction Teams to Create Unique Office Environment A significant transformation is complete at WaterView, a

Nonprofit Delivering Life-Changing Career Services to Women, Teens, and Young Adults Becomes the Newest Addition to Revitalized Central Phoenix Property Park Central will soon become

When Altera Fund Advisors, a nationally respected real estate investment firm specializing in medical and healthcare properties, sought expert property management for key assets in

Plaza Companies and Fayth Hospitality have unveiled plans for a new dual-brand hotel development in the thriving North Phoenix area, with anticipated Hilton flagships Tapestry Collection

Plaza Companies is expanding its presence in the hospitality industry with the formation of a new arm of the business to pursue hotel and lodging

The bioscience sector is rapidly transforming the commercial real estate market, driving demand for specialized laboratory spaces, research hubs, and biotech campuses. As advances in

Public art is becoming an essential element in real estate development, transforming commercial and residential spaces into vibrant, engaging communities. Developers are recognizing that murals,

In today’s rapidly evolving real estate market, data analytics has become a powerful tool for investors looking to make informed, strategic decisions. By leveraging big

From the Phoenix Business Journal regarding the WearTech Applied Research Center at Park Central The Arizona Commerce Authority and industry leaders are investing $4.2 million

Tenant improvements (TIs) are a crucial aspect of commercial real estate, allowing landlords and tenants to customize spaces to meet business needs. Whether you’re upgrading

Choosing the right commercial property management company can make a significant difference in the success and profitability of your real estate investment. Whether you own

Basement Below Revitalized Building Provides Unique Way to Utilize Space The iconic Burgbacher Building at Park Central in Phoenix has undergone a unique transformation that

Transit-oriented development (TOD) has become a driving force in shaping modern commercial real estate. By focusing on mixed-use developments near major transit hubs, TOD is

The office sector is undergoing a major transformation as businesses demand more flexible lease terms. In an era defined by remote work, hybrid models, and

Commercial real estate has always been closely tied to broader economic trends, and today’s market is no exception. Recent economic shifts, including fluctuating interest rates,

The commercial real estate (CRE) market is poised for significant shifts in 2025, driven by evolving economic conditions, technological advancements, and societal changes. Investors, developers,

Property management in commercial real estate (CRE) is evolving rapidly, driven by technology and innovative approaches that improve efficiency, tenant satisfaction, and profitability. From smart

Demographic changes, such as population growth, aging, and migration patterns, are reshaping the commercial real estate (CRE) landscape. Investors and developers must adapt to evolving

The shortage of affordable housing has reached critical levels, impacting communities, economies, and individuals worldwide. Commercial real estate (CRE) developers, investors, and policymakers have a

Mixed-use development has become an increasingly important strategy in commercial real estate as developers look for ways to create destinations rather than simply individual buildings.

A commercial lease may provide the location, square footage and basic infrastructure, but tenant improvements are what transform that space into an environment designed around

Commercial real estate leasing has become less about simply finding enough space and more about finding the rightspace. As businesses adapt to changing work patterns,