Arizona Commercial Real Estate continues momentum as Central Arizona’s largest CRE firm

Central ArizonaAnnounces leadership growth, strategic team expansion

PRESCOTT, Ariz. (May 28, 2026) – Arizona Commercial Real Estate continues to build momentum across the state with several key team additions and leadership advancements as the company expands its commercial real estate and property management operations throughout Arizona.

As part of the company’s continued growth, Arizona Commercial Real Estate is proud to announce the promotion of Deana Freet to Director of Property Management. In her expanded leadership role, Freet will oversee the continued growth and operations of the firm’s property management division while helping strengthen client relations, operational systems, and overall service execution.

The company has also expanded its property management accounting division by adding Steffen Lewis, further reinforcing the firm’s commitment to operational efficiency, financial oversight, and client support as the portfolio continues to grow.

Additionally, Doug Taber, CCIM, has joined the team, bringing years of multifamily real estate experience and market knowledge to the organization. Taber’s background in multifamily assets and investment strategy adds further depth to the company’s growing presence across Arizona’s commercial real estate landscape.

Arizona Commercial Real Estate is led by owners and founders Matthew Fish and Lacey Fish, whose leadership continues to shape the firm’s strategic growth across Arizona.

Matthew Fish has built a strong reputation throughout the commercial real estate industry for his market expertise, client relationships, and transaction experience across investment sales, leasing, land brokerage, and business sales.

Lacey Fish has played a critical role in expanding the company’s property management operations, helping establish systems and service standards that continue to support the firm’s rapid growth.

Together, their collaborative leadership has positioned Arizona Commercial Real Estate as one of the fastest-growing commercial real estate firms in Central and Northern Arizona.

“Culture is one of the most important foundations of long-term growth for our team,” said Chief Marketing Officer Nina Wiley. “We want to continue to create a culture where everyone is contributing to the shared vision/mission. “We are continuing to invest in talented professionals who align with our collaborative environment, client-first mindset, and long-term vision for the company.”

Originally established in 1976, the firm entered a new era in 2025 following the merger of Prescott Commercial Real Estate and Arizona Commercial Real Estate,  forming one of the region’s largest commercial real estate firms serving Central and Northern Arizona.

Arizona Commercial Real Estate provides full-service commercial real estate solutions, including investment sales, leasing, property management, land brokerage, and business sales throughout Arizona.

The company proudly serves clients across Prescott, Prescott Valley, Flagstaff, Sedona, Phoenix, and Payson, delivering regional expertise, strategic insight, and collaborative execution across every transaction.

For more information, contact Arizona Commercial Real Estate at 928-515-1223 or email [email protected].




Cogent to Sell Phoenix Data Center as Part of $225 Million National Portfolio Deal

Cogent
Cogent Data Center, 3410 East University Drive, Phoenix

PHOENIX, AZ (May 27, 2026) — Cogent Communications Holdings, Inc. has entered into a definitive agreement to sell 10 data center facilities across the United States for $225 million in cash to a newly formed entity sponsored by I Squared Capital.

The transaction includes a Phoenix facility, but Cogent’s Tucson data center location does not appear to be part of the announced sale.

Cogent’s May 26 press release lists the 10 facilities included in the transaction as being in Phoenix, Anaheim, Burbank, Stockton, Atlanta, Chicago, Elkridge, Kansas City, Nashville, and Houston. Tucson was not listed among the markets included in the sale. The transaction is expected to close on the later of June 12, 2026, or the expiration or termination of the applicable Hart-Scott-Rodino waiting period.

I Squared Capital said the acquisition will seed a new U.S. data center operating platform focused on colocation, high-density deployments, and AI inference infrastructure. The portfolio includes approximately 53 megawatts of installed power capacity and approximately 259,000 square feet of colocation space across nine U.S. markets. I Squared has committed up to $1 billion to build the platform through capital investment, customer-led expansion, and additional acquisitions.

The sale comes as data center investment is drawing increased attention in Arizona and across the country, driven by demand for cloud services, artificial intelligence, high-density computing, and low-latency infrastructure. I Squared said the acquired facilities are positioned in markets where new data center supply is constrained and where power, connectivity, and location are increasingly valuable.

Cogent is a facilities-based provider of internet access and private network services. The company said proceeds from the data center sale are expected to support deleveraging following its 2023 acquisition of Sprint’s wireline business from T-Mobile. Cogent’s first-quarter 2026 earnings transcript referenced the planned sale of an initial 10 former Sprint data centers and said proceeds would be contributed to Cogent Communications Group, its borrowing entity.




Pima County seeks input to identify federal economic Opportunity Zones 

Opportunity Zones 
The Historical Pima County Courthouse is nestled in the center of Downtown Tucson, Arizona.

PIMA COUNTY, (May 27, 2026) – Pima County is seeking input to help shape the future of economic investment in Southern Arizona through the next generation of the federal Opportunity Zones program. 

Under the newly enacted federal One Big Beautiful Bill Act, a second round of Opportunity Zones will take effect Jan. 1, 2027. The program offers federal tax incentives to encourage long-term private investment in lower-income and economically distressed communities. 

Arizona may nominate up to 125 qualifying census tracts statewide. Pima County will recommend up to three qualifying tracts located within unincorporated areas and smaller incorporated communities to the Arizona Commerce Authority for consideration

Public input is now open. Pima County encourages residents, businesses, landowners, developers, nonprofits, and community organizations to complete a brief online survey to help identify areas where investment could have the greatest economic and community impact. 

The survey is open until June 5 at 11:59 p.m. 

County staff will use the feedback, combined with technical analysis of investment readiness, infrastructure, and long-term viability, to develop Pima County’s final tract recommendations to the Arizona Commerce Authority. In July, Governor Katie Hobbs will make final recommendations to the Department of the Treasury on what eligible census tracts in Arizona should be designated Opportunity Zones. 

TAKE THE SURVEY