Construction has begun on the VT 101 industrial park in Glendale, featuring three speculative buildings totaling 750,000 square feet. The first phase, including two 156,000-square-foot buildings, is set for completion by April 2025. Meanwhile, Chamberlain University is relocating its Phoenix campus to a new, more accessible 44,000-square-foot space, enhancing its facilities to better serve up to 800 students. A newly built, two-building industrial park within Mesa’s Falcon Field submarket has been acquired for nearly $32 million to support the area’s industrial growth. Barrow Neurological Institute has opened a new 10,099-square-foot research center in Phoenix’s Park Central, advancing studies in various neurological diseases. Additionally, Lou Malnati’s Pizzeria will open its ninth Phoenix-area location in Surprise this fall.
