The iconic Arizona Center in Phoenix, located at 3rd Street and Van Buren, has recently been sold for $27 million to Presson Corporation. The seller was Angelo Gordon & Co. Since its construction in 2000, the center has undergone a massive renovation of $25 million in 2019 and currently houses several empty retail and restaurant spaces as well as AMC Theaters, Jersey Mike’s Cold Stone Creamery and BoSa Donuts. Additionally included is a 19-story office building constructed back in 1990 that offers 461,000 square feet of leasable space across five buildings on 7.31 acres total.
CBRE: Automation Is Reshaping, Not Eliminating, U.S. Manufacturing Jobs
Automation is reshaping, rather than eliminating, manufacturing employment in the U.S., according to a recent CBRE analysis. The firm reports
Steve Griffin
October 24, 2026
