2433 East Univeristy Dr., Tempe, AZ

Tempe, AZ (October 23, 2025) — Nick Miner, CCIM, of ORION Investment Real Estate, announces the sale of a Tempe owner-user acquisition commercial property. Better Direct, LLC acquired the property from Evolution Land Concepts, LLC, closing in under 75 days—a testament to strong demand and streamlined deal-making in the Phoenix market.

Unique circumstances on both sides shaped this owner/user sale. Better Direct, LLC, owner of the neighboring property, needed to expand rapidly to keep pace with their business growth. Evolution Land Concepts, LLC had recently sold its operating business, and the new business owner did not need this location, opening the door for this highly strategic transaction.

“This was a great opportunity for the adjoining owner. They were bursting out of the seams and in need of space. My client, Evolution, had recently sold their business and the new owner of their business did not need this location. This ended up being a win-win for both parties,” said Miner.

The sale closed at $1,500,000, reflecting the enduring strength of Phoenix’s commercial property market for owner-user buyers.

For more information about this sale, or to inquire about other opportunities, contact Nick Miner, CCIM, at Orion Investment Real Estate.

Seller, Evolution Land Concepts, LLC, was represented by Nick Miner, CCIM of ORION Investment Real Estate.

Buyer, Better Direct, LLC, was self-represented.

Corner View Rendering

Tucson, AZ (October 23, 2025) – In a unanimous decision, Mayor Romero and Tucson City Council approved the Fox Tucson Theatre Foundation’s request for permission to demolish the existing commercial retail buildings located at 27 N. Stone adjacent to the Fox. The subject property is a contributor to the downtown historic district.

This action is the culmination of a thorough, thoughtful, two-year process conducted by Fox leadership and Swaim Associates, Ltd., which included extensive research, in-depth study of a wide range of preservation options for the site, and broad community input, as well as the unanimous recommendation of the Plans Review Subcommittee of the Tucson-Pima County Historical Commission. The action by the Mayor and Council allows the Fox to confidently proceed with finalizing expansion plans at the site. In their comments, Mayor and Council members acknowledged the unique circumstances of this request and approval, recognizing the cultural value the Fox brings to our community and the once-in-a-lifetime opportunity that expansion on this contiguous site presents for the historic theatre.

“We are grateful to the hundreds of people who have provided input, support, and expertise throughout this careful, transparent process so that we could make the right, best decision as a community for the future of this corner,” said Fox Executive Director Bonnie Schock.

The proposed plan for the site will integrate with the historic Fox theatre, featuring:

• expanded lobbies, bar, concessions, catering, and service areas
• elevators, accessible street drop-off, and additional accessible restrooms serving the historic and expanded spaces
• a 300-seat, flexible-use studio theatre
• second entrance and a grand corner footprint at the zero-zero intersection of Tucson

The expansion as proposed, both interior and adjacent to the Fox, will not affect the historic theatre’s individual listing on the National Register of Historic Places. Alterations to the Fox itself are limited to providing seamless access between the spaces.

Opportunities from this expansion benefit both the historic Fox and the City of Tucson. In addition to creating a showpiece at the city’s center, the expanded Fox is projected to generate $18.72 million annually through increased economic activity. It will exponentially grow the Fox’s mission impact by broadening local and global performing arts offerings and expanding youth education programs. The project also preserves the historic Fox by ensuring its continued relevance and ability to serve today’s audiences well into the future. Finally, the expanded Fox—anchored at the heart of Tucson where all addresses begin—will stand as an iconic symbol of our community’s commitment to art, culture, and sense of place.

The Fox has raised $7.3 million, or 28% of the $26 million campaign goal.

Following this approval by Mayor and Council, the project team will now move to finish the design development process and prepare a final design for further required approvals. The team will advance permitting, cost refinement, and campaign planning toward a groundbreaking in 2028 and a planned grand opening of the new performing arts center expansion in 2030 – the 100^th anniversary of the Fox Tucson Theatre. We will also continue community engagement with partners, artists, and neighbors to ensure the new spaces truly serve Tucson.

JLL will lease mid-size, Class A industrial development within FIVE NORTH at VISTANCIA

PEORIA, Ariz., (October 23, 2025) – The Phoenix office of JLL has been selected to lease a new, entirely speculative industrial park being developed by Barclay Group within FIVE NORTH, the new 320-acre mixed-use commercial lifestyle destination located within the 7,100-acre Vistancia master planned community in Peoria, Arizona’s Northern Peoria Corridor.

Called Vistancia Commerce Park at FIVE NORTH, the Barclay Group project will sit at the southeast corner of Westward Skies Drive and Desert Cactus Lane, along the Loop 303, and minutes from the $165 billion TSMC campus.

Totaling 239,700 square feet between four flexible building configurations, Vistancia Commerce Park at FIVE NORTH is the first notable speculative industrial development to be constructed in the Peoria submarket. It is tailored to meet a growing wave of advanced manufacturing initiatives, as well as mid-size supplier and logistics companies entering the Valley in response to economic catalysts like TSMC, Amkor, and others.

“With its strategic location and flexible design, Vistancia Commerce Park at FIVE NORTH is perfectly positioned for businesses looking to establish or expand their footprint in one of the fastest growing and dynamic regions in the U.S.,” said Colby Fincham, Executive Vice President at Barclay Group in Phoenix.

“We’re excited to deliver premier mid-bay product within FIVE NORTH at VISTANCIA,” added Mollie Moroney, Vice President at Barclay Group. “The Loop 303 and North Peoria submarket’s explosive growth – driven by major investments like Amkor and TSMC – is attracting suppliers, logistics firms, and supporting industries that are fueling unprecedented demand for flexible light industrial space.”

Buildings at Vistancia Commerce Park at FIVE NORTH are designed to accommodate diverse operational needs. This includes a 43,600-square-foot Building A, a 54,500-square-foot Building B, a 48,000-square-foot Building C, and a 93,600-square-foot Building D, with space divisible down to 9,400 square feet.

Features include 28’ to 32’ clear height, full HVAC, LED lighting, and 3,000 amps of power (expandable) per building, as well as both dock and grade level loading capabilities. The development will enjoy access to over 1 million residents, including a labor force of almost 580,000, within a 30-minute drive.

Barclay Group has selected JLL Vice Chairman Riley Gilbert, Vice Chairman Marc Hertzberg, Vice President Kelly Royle, and Associate Nicole Marshall to lease the project.

“Vistancia Commerce Park at FIVE NORTH will feed off of Arizona’s advanced manufacturing evolution and the Vistancia corridor itself, which in its own right is emerging as a hub of residential and commercial uses,” said Gilbert. “This is a perfect position for Barclay Group’s new project as positive economic ripple effects continue and as demand for mid-size industrial space remains underserved yet is rapidly growing.”

FIVE NORTH at VISTANCIA is a strategically located, mixed-use development in Peoria, Arizona. Its location along Loop 303 offers excellent regional connectivity, making it easy to commute to major employment centers in Phoenix and surrounding cities. This convenient access, combined with the community’s natural beauty and modern infrastructure, positions FIVE NORTH at VISTANCIA as a top destination for both living and investment in the greater Phoenix area. Beyond residential appeal, the area is also a growing economic hub.

The FIVE NORTH at VISTANCIA development is a key area of expansion, planned to include a diverse mix of industrial, office, healthcare, education, mid- to high-density residential, retail, restaurants, parks, and open space. This growth is driving new opportunities for business, shopping, and dining, further enhancing the community’s long-term value. The City of Peoria owns and will be developing 56 acres at FIVE NORTH at VISTANCIA and has announced plans to build a medical district, with HonorHealth and WestMEC planned for the initial phase of development. The first phase of mixed-use development is slated to include a fitness center and retail.

Construction on Vistancia Commerce Park at FIVE NORTH is anticipated to begin in the second quarter of 2026, with delivery expected in the second quarter of 2027. Butler Design Group is the project’s architect, and GM Civil is the project’s civil engineer.