Effects of Higher Interest Rates on Commercial Construction in Phoenix Metro Market
With commercial borrowing rates ranging between 5.8% and 12.1%, capital costs are significantly impacting underwriting models.

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With commercial borrowing rates ranging between 5.8% and 12.1%, capital costs are significantly impacting underwriting models.
At Phoenix Hockey Club, the core philosophy is simple: sports exist to bring people together, foster growth, and build lifelong friendships.
“If we’re able to confirm helium and hydrogen reserves at the scale we hope for, this is a footprint large enough to move the needle on a worldwide shortage,” – Tony Mangat
When a project takes months—or years—to move from the initial bid to breaking ground, relying on traditional estimating habits is no longer just a risk; it is an active threat to your business.
There is something incredibly rewarding about watching a piece of land completely transform. If you have taken a drive through Camp Verde recently, you might have noticed our crews hard at work out at Highview at Boulder Creek.
In high-growth markets, most notably Phoenix, Arizona, the “data center boom” has transitioned from a development trend to somewhat of an infrastructure crisis.
The Phoenix metropolitan area has long been characterized by its sprawling desert aesthetic and rapid horizontal growth. However, in the past 5 years, the narrative of Phoenix’s expansion has shifted significantly toward the West Valley.
In 2026, the trucking sector appears to be entering a phase of stabilization. Still, many forces, both inside and outside the control of carriers, will define the path forward.
When a brand as iconic as In-N-Out expands, the infrastructure must be precise, durable, and built to handle high capacity. Our team was responsible for the entire civil and underground scope, ensuring the site was perfectly prepared from the dirt up.
At 6 PM, the mighty unbeaten Rattlesnakes clashed with Coyotes. Then at 7 PM, second-placed Panthers faced Eagles. What followed was nothing short of a rollercoaster ride!
First playoff clash was an absolute thriller between Coyotes and Cougars. Cougars, who hadn’t won a league match all season, came out like lions with fire in their eyes.
The Mangat Group expects to invest more than $250 million across the four planned developments. The first project, located on Glendale Avenue and New River Road, is entering its second phase of development and will include 71 units totaling approximately 93,000 square feet.
Located at the Northeast corner of Wintersburg Road and Interstate 10, this project is positioned as a major service hub for the high-traffic corridor between Phoenix and Los Angeles.
The highly anticipated arrival of In-N-Out Burger in Surprise, Arizona, is officially a reality, marking a major milestone for both the fast-food giant and the local community.
“We are excited by the tremendous potential of this project. The groundwork over the last three decades has positioned Liberty Petroleum to deliver meaningful results” Tony Mangat
The Mangat Group announced today the launch of MG Business Park, a brand-new industrial condominium development located on the southeast corner of Glendale Avenue and New River Road in Glendale
Peoria became a lot sweeter with the recent opening of Cinnabon Swirl (CinnabonSwirl.com), a bold new venture that combines the cinnamon roll chain with the legendary frozen sweets of Carvel.
1.53 Acres of commercially zoned land in the heart of the Buckeye expansion. In the heart of Buckeye expansion. This opportunity includes proximity to major surrounding residential area and large-scale retail demand.
Strategically positioned with frontage along Miller Road, the major North/South commercial artery from I-10 with direct access to Downtown Buckeye.
Cinnabon Swirl is here! The cool new take on a classic fave just opened in Peoria and we got a taste of all their sweet treats! Learn more at cinnabonswirl.com!
GoTo Foods has launched a new combo location that brings two delicious food and beverage franchise brands together.
Cinnabon Swirl, a new dessert concept combining Cinnabon rolls with Carvel soft-serve ice cream, has made its national debut at Lake Pleasant Crossing in Peoria.
Located at the Lake Pleasant Crossing Shopping Center, Cinnabon Swirl offers unique mashup dessert items unavailable anywhere else. It is the first in the nation, opening in Peoria due to the city’s projected growth and the community-oriented environment the current residents create, according to Vice President of Cinnabon Swirl Operations John Hensley.
The new “Cinnabon Swirl” concept store will open its first U.S. location in Peoria, Arizona.