Commercial Real Estate & Business News – September 18, 2024

Republic Services Inc. (NYSE: RSG), one of Arizona’s largest publicly-traded companies, has placed its existing corporate footprint on the market as it kicks off construction on a new headquarters office in Phoenix. The environmental services company’s current headquarters, a…»

Will the Federal Reserve’s Federal Open Market Committee cut the federal funds rate this Wednesday? It’s about as close to an absolute “yes” as you can find in economics. That’s been the case since Fed Chair Jerome Powell said, “The time has come for policy to…»

Sanctuary on 51st, a 217-unit build-to-rent development in the Laveen Village neighborhood of Phoenix, has sold for $61.4 million. Arizona-based Brown Group sold the property, located at 7100 S. 51st Ave., to Brunton Management in Newport Beach, California, in..»

For years, Mesa’s economic development strategy focused on building a workforce in manufacturing and technology jobs and kept retail development as an afterthought. That focus is changing after City Council members pushed for a more…»

CaliberCos Inc. sees a big opportunity with a nearly vacant office campus. The Scottsdale-based wealth management and real estate investment firm has acquired the more than 300,000-square-foot, two-building Canyon Corporate Center from…»