Commercial Real Estate & Business News – February 27, 2024

The latest National Association for Business Economics (NABE) survey of forecasting economists about the outlook for 2024 and 2025 suggests that things are looking up since its take last quarter. They’re projecting real (inflation-adjusted) 2.2% GDP growth, versus the median…»

Phoenix and Atlanta are among dozens of U.S. cities poised for significant job gains from more than 300 manufacturing projects announced since 2020 that are expected to increase domestic production of semiconductors, electric vehicle batteries and other technology components. Greater…»

With the addition of five new tenants, Nationwide Realty Investors is closer to fully leasing one of its buildings in north Scottsdale. In the coming months, Edward Jones, Frontdoor, Trajan Wealth, Osaic Inc. and OEM Group are expected to take occupancy of new offices at Cavasson…»

The Real Estate Roundtable’s Q1 2024 Sentiment Index confirms that commercial real estate property markets continue to experience significant challenges. At the same time, in the coming year industry executives expect monetary policy action reflecting lower inflation to…»

Award-winning real estate development firm, Optima is partnering with Mitsui Fudosan America, Inc. for the development of the first building within its newest Arizona residential development, Optima McDowell Mountain Village, located on 22-acres on the southeast corner of Scottsdale Road…»