#commercialrealestate broker in the #Phoenix Metro providing Investment Commercial Real Estate Services #CRE #CCIM #AZ #realestate #rex #crex #retwit #nnn

Joined November 2008
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If you didn't see the CCIM Insider Update today...well, let me point out a little something at the bottom! I am beyond excited, humbled and blessed to be amongst this group! #ccim
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CRE tailwinds are building: debt markets are at record competitiveness, Arizona is back to positive job growth, Flagstaff is among the fastest-growing renter markets, hotel capital is chasing luxury leisure assets, and Phoenix ranks No. 1 for weekend trips—supporting hospitality and demand-driven CRE. nickminer.com/daily-news-6-1…
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Arizona CRE is in full reset mode: Waymo’s $220M Wittmann proving ground, a nearly $100M Glendale downtown revamp, Arizona’s first Seafood City at Chandler Fashion Center, a 2.5M SF “urban resort village” in Tucson, and Phoenix’s One Camelback office-to-resi conversion are all moving forward. For more on what’s happening, click the link to read today’s CRE daily news. nickminer.com/daily-news-6-1…
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Downtown Phoenix is still gaining steam, with new mixed-use towers adding housing, retail and energy near Roosevelt Row as Phoenix benefits from Sun Belt job growth. Meanwhile, softer rent growth and higher refinancing costs are reshaping CRE strategy nationwide. For all the latest updates, click the link for today’s CRE daily news. nickminer.com/daily-news-6-1…
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JUST SOLD in Tucson, AZ! Nick Miner, CCIM with ORION Investment Real Estate closed the sale of a two-tenant, NNN-leased retail asset anchored by Cost Plus World Market and D-BATs at 5975 E. Broadway Blvd. The ±36,800 SF freestanding building on ±4.25 acres sold for $6,400,000 (±$174/SF). Long-term, corporately guaranteed and franchise leases provide durable income in a top Tucson retail corridor. Represented seller: AC Tucson Retail, LLC (Nick Miner, CCIM, ORION). Buyer: Pardi Properties Broadway Boulevard, LLC, represented by Rich Butler, Marcus & Millichap.
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Retail is in its main‑character era: 8 straight months of sales gains, retail pushing CRE prices up, jobs surprising to the upside, a luxury Kierland deal backed by $90M, and Phoenix lining up a mixed‑use play at the former Christown Spectrum—apparently 2026 didn’t get the “slow down” script. nickminer.com/daily-news-6-1…
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Existing-home sales popped 3.2% in May, the strongest since December, as buyers push through higher rates and tight supply. Want more context? Tap into today’s daily news for the full breakdown. nickminer.com/daily-news-6-1…
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If you’re a CRE pro and aren’t reading this, you’ll hear about rising rents, more North Scottsdale cranes, the Jake’s Unlimited reboot, and a 1.3M SF industrial trade from the rumor mill. If you are reading, you’re the one dropping multifamily, condo, entertainment, and industrial stats in meetings like it’s your superpower. nickminer.com/daily-news-6-9… #AZCRE #Multifamily #Industrial #Scottsdale
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Monday CRE snapshot: fà-me café heads to Biltmore, retail demand is hot while developers stay cautious, a 14-story luxury tower in Scottsdale lands $141M, Bascom buys 289 units in Tucson, and multifamily “rebalances” as Phoenix’s pipeline stays heavy. nickminer.com/daily-news-6-8…
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riday CRE snapshot: Microsoft drops $130M on Goodyear land, Phoenix rises to the top in industrial demand, multifamily deals slow on pricing gaps, TSMC-driven development ramps up, and One Camelback’s office-to-luxury conversion moves into pre-leasing. nickminer.com/daily-news-6-5… #PhoenixCRE, #Industrial, #Multifamily
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Phoenix CRE is heating up: Atari Hotel demo starts, Luna Grill adds new Valley locations, and The Lakefront at Scottsdale pushes ahead—while multifamily owners hunt tax savings and consumers feel the squeeze from inflation. nickminer.com/daily-news-jun…
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Office visits are slipping again, but capital isn’t. Phoenix just logged nine-figure office, multifamily and industrial deals, a fully leased Amazon PillPack facility, and fresh bets on Downtown’s revival—pointing to a market quietly trading “back to normal” for “built for what’s next.” nickminer.com/daily-news-6-3…
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$3B, 240MW hyperscale data center campus breaks ground in Avondale. Peoria’s $100M Trailhead project nears retail buildout with Flower Child HonorHealth coming soon. Capital stays busy: $629M CMBS backed by ~5,000 Sun Belt apartments and Berkshire’s $8.5B buy of Scottsdale-based Taylor Morrison at a 24% premium. SkySong adds 28K SF of new and expansion office leases across multiple professional sectors. nickminer.com/daily-news-6-2…
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Still “waiting for the right deal” while NNN income sits on the table? Black Rock Coffee | 5.5% cap | 15‑yr abs NNN Tikka Drive Indian | 7.0% cap | 20‑yr abs NNN Both in Chandler. Both drive‑thru. Both hands‑off. What exactly are you waiting for? #CRE #NNN
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It’s June, the sun’s out, and CRE is heating up. Multifamily is in a late‑cycle normal, banks are lending again, AZ job growth is back in the green, and developers are racing to build from Harvest Grove to TSMC’s Phoenix orbit. nickminer.com/daily-news-6-1…
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If this is a “soft” market, Phoenix didn’t get the memo: 916K SF of data in Peoria, 1.1M SF of logistics in Glendale, a 15-story ASU student tower and a Scottsdale Ferrari clubhouse on a former office site. CRE therapy session scheduled for anyone still underwriting like it’s 2020. nickminer.com/16041-2/
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JUST SOLD | Peoria, AZ ±3,200 SF freestanding former vet clinic at 9875 W. Peoria Ave sold for $879,000 ($275/SF). Prime owner-user location at 99th Ave & Peoria with strong visibility, monument signage & easy access. Seller: BluePearl Real Estate, LLC (rep. Nick Miner, CCIM & JT Taylor, ORION). nickminer.com/properties/987… #JustSold #CRE #PeoriaAZ #OwnerUser #Retail
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$63.8M for 454K SF in Surprise. A $170M Midtown tower breaks ground. Trepp drops the Fed benchmark cheat sheet. Mesa adds a 2.2M SF data center campus. Consumer Cellular signs the year’s biggest office HQ deal in Scottsdale. “Sidelines” are looking pretty crowded. nickminer.com/daily-news-5-2…
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JUST SOLD | OLD TOWN SCOTTSDALE Mixed-use land at 7431 E. 6th Ave closed at $600,000 for ±2,162 SF in the heart of the Entertainment District. Total time from open to close: just 3 weeks. nickminer.com/properties/743… Have a site to sell in Old Town? Let’s talk. #JustSold #CRE #Scottsdale #OldTownScottsdale #LandSale #MixedUse #AZRealEstate #CREBroker
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Biltmore office: 100% leased. Secondary CRE markets beating gateways. Tonopah desert turning into data center land banks. Novus at ASU adding hotels/office/retail. Sports tourism priming hotel demand into 2026. But sure, “no momentum” out there. nickminer.com/daily-news-5-2…
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Phoenix CRE this week: 🏭 Buckeye eyeing 2,000 acres for industrial. $1B on the line. 🛒 Aldi: Mesa open, 10 more in 2026. Send help. 📊 Retail space 15% below 10-yr avg. Good luck leasing. 🏙️ 24-story luxury tower breaks ground. Rooftop pickleball, obviously. 📉 Jobs cooling, wages rising. Economy: "I'm fine." 🙃 Full stories 👇 nickminer.com/daily-news-5-2…
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