Commercial Real Estate & Business News – June 12, 2023

Amazon.com’s newest facility in Mesa is one of the largest of its kind in the country. The Seattle-based company opened a new 1.2 million-square-foot storage and distribution center Friday at 8560 E. Elliot Road, just off the Loop 202 in Mesa. Going by the name KRB9, the…»

Over nearly a decade, mid-priced apartments have quietly solidified their position as a resilient force in multifamily real estate to be increasingly sought-after by renters because of their highly inelastic demand. Meanwhile, an oversupply of higher-end apartments hasn’t become competitive to…»

Grocery stores are using technology to reach out to shoppers on-site, and over the next couple of years the experience is expected to be completely different compared to how it is today. In late May, Kroger announced it was expanding its retail media strategy with the…»

Following several years of rapid growth, the single-family build-to-rent sector is expected to record an uneven performance in 2023, according to Northmarq’s Single-Family Build-to-Rent Special Report, which highlights the sectors mixed conditions after…»

A key takeaway from the National Association of Real Estate Editors’ annual conference is that the single-family build to rent sector is encountering both prosperity and headwinds. While institutional investors in single-family houses have tightened their purse strings in…»