Commercial Real Estate & Business News – April 10, 2023

Multifamily Occupancy and Rent Metrics Turn Positive in Q1 After Consecutive Declines

The first quarter in general, and March in particular, proved positive for multifamily metrics, according to RealPage Market Analytics and Yardi Matrix. Net apartment demand rebounded back into positive territory in Q1, ending a streak of…»

Retailers Like Second-Gen Spaces These Days, but They’re Hard to Come By

Thanks to the savings in cost and time to opening, retailers are craving second-generation spaces these days. Landlords like to backfill those spots with like-kind tenants for the same reasons…»

New Hard Rock Hotel Brand Planned for New Scottsdale Development

A new Scottsdale retail, restaurant and entertainment development has signed on a high-profile hotel. Reverb by Hard Rock is planning to build a 168-key hotel at The Sydney, which is being developed on a…»

Family Behind Gadzooks Celebrates New Eating, Drinking Concepts Under its Poolhouse Group

Their family business was successful and growing. But backyard conversations in 2020 revolved around uncertainty and survival. Brothers Jared and Aaron Pool had the secret sauce that made their Gadzooks Enchiladas and Soup chain a hit…»

New Desert Diamond Casino Breaks Ground in the West Valley

The Tohono O’odham Gaming Enterprise (TOGE) broke ground today on a new Desert Diamond Casino facility located near Loop 303 & Northern Parkway. The first phase of the new facility will feature a 184,000 square-foot casino floor with…»