Commercial Real Estate & Business News – June 3, 2022

Apartment rents have surpassed pre-pandemic levels in many cities across the US, pushing investment sales numbers in the segment to historic highs. And they are expected to…»

A company that manufactures equipment used to build semiconductors has leased space in Chandler for an office and manufacturing space. Fremont, California-based Yield Engineering Systems – but known by…»

Shea Homes, winner of the MAME Builder of the Year award three consecutive years beginning in 2019, announced five major land acquisitions in the first five months of 2022. The acquisitions crisscross the…»

A historic building in downtown Phoenix will see a second life as a luxury hotel and condominiums managed by Fairmont Hotels and Resorts. The development will be co-owned by the…»

Local multifamily investor Rise48 Equity made its two highest-priced purchases on record, adding to a Phoenix-area buying spree that has reached nearly a dozen apartment deals this year, including…»