Commercial Real Estate & Business News – October 31, 2024

Follow along to MarketWatch’s coverage of the gross domestic product report from the Commerce Department…»

The federal funds rate, determined by the U.S. Federal Reserve, is a crucial interest rate for Americans. It indirectly influences mortgage rates, credit card rates, business loans and more. Additionally, it affects the yield savers earn on savings accounts and certificates of deposit…»

Total economic activity has not fluctuated wildly across the country since early September, according to the Federal Reserve in its most recent Beige book — policymakers’ periodic summary of anecdotal reports on regional economic conditions. However, there were some notable…»

Sales volume of Greater Phoenix industrial properties rose significantly during third quarter, reaching $1.08 billion and marking an 82-percent increase year-over-year, according to a report released by Colliers. This improvement in investment sales occurred as 6.7 million square feet new…»

Buckeye could be next in line for a regional entertainment hub. The fast-growing West Valley city has been working on plans over the past year for a mixed-use destination for entertainment, retail, housing, recreation, education and research uses across 2,100 acres…»