Commercial Real Estate & Business News – December 18, 2024

Leasing volume is ramping up in the Phoenix retail market as sustained demand and an uptick in for-lease inventory encourage deals. The second and third quarters of 2024 each recorded an average of about 2.2 million square feet of new retail leases, marking the strongest…»

The office and multifamily sectors are leading the CRE sales volume growth as the overall market appears to be stabilizing. The market has posted annual gains in four of the past five months and five of the past seven months, including October, according to a sales volume analysis…»

Gilbert is making waves as one of the fastest-growing cities in the Phoenix metro area, attracting families and young professionals alike. With housing demand surging, Gilbert has made significant strides in expanding its inventory—but challenges like affordability and the…»

The National Association of Realtors has named metro Phoenix to its list of the 10 Top Housing Hot Spots for 2025. Cities selected were based on economic, demographic and housing factors predicted to significantly affect local markets as detailed in NAR’s newest…»

PHOENIX – A seventh company has been added to the roster of homebuilders for a transformational West Valley master-planned community. Developer Howard Hughes Holdings on Friday announced the addition of Scottsdale-based Meritage Homes to the list of homebuilders…»