Amazon.com Inc. has multiple major developments in the works in Mesa. One of the world’s largest and most valuable companies is spending millions of dollars on at least three new warehouse projects near the Phoenix-Mesa Gateway Airports.
Online car retailer Carvana plans to expand its corporate campus in Tempe with more than 241,000 square feet of new office space in the growing Rio Salado employment corridor. Carvana will build two office buildings and two parking garages on a mostly vacant 15-acre property at the southeast corner of Rio Salado Parkway and Priest Drive where the company occupies an existing office.
GoDaddy Inc. is in the final stages of moving into a new headquarters in Tempe, joining a growing mix of companies in the technology-rich southeast Valley.
Newly released documents have revealed more details about why online car retailer Carvana Co. purchased 150 acres and what it could be envisioning for a new inspection center in Surprise. In September, Tempe-based Carvana (NYSE: CVNA) purchased the Cactus Commerce Center on the northeast corner of Cactus and Litchfield roads for $25 million. The site was previously owned by Surprise/Dysart Properties LLC.
Nikola Corp. (Nasdaq:NKLA), the hydrogen and electric semitruck manufacturer, bought its headquarters for $25 million, according to real estate database Vizzda. The company bought the 200,000-square-foot building at 4141 E Broadway Road in Phoenix from the Douglas Allred Company in a sale that closed Nov. 23.
Nano Materials International Corp. develops and commercializes products based on nano-materials and nano-processes. Its aluminum diamond metal matrix composites provide thermal management for the electronics industry.
Figuring out how to accommodate and adjust for a hybrid workforce is confusing and time-consuming. Your Tucson commercial real estate broker can help you find clarity. Tenant representatives like Commercial Real Estate Group of Tucson can be particularly helpful as you navigate the pros and cons of different business space needs and search for availability.
Two years ago insurance company Haven Life put Tucson dead last among 54 metropolitan areas where millennials are moving to. Now, Business Facilities magazine lists our city as no. 6 on top millennial magnets in its 17th annual “Metro Rankings Report.”
A billionaire’s proposal to build a sustainable city in Arizona has at least one local technology leader excited, but real estate experts pointed out a few significant challenges to bringing the massive metropolis to the state.
As the economic hub of Southern Arizona, Tucson provides big-city amenities along with advantages found in mid-sized cities and surrounding suburbs. Despite the flip on what environment will allow companies to thrive post-pandemic, Tucson is in a good position to meet demands.