Commercial Real Estate & Business News – January 8, 2025

The commercial real estate capital markets are in a much better operating environment to start 2025 than they were versus this time last year. The reasons for this are numerous, including a short-term rate-cutting cycle that is helping keep floating rate debt and rates around 4% to…»

If you’re driving around Scottsdale this first week of 2025, take a mental picture of the landscape. The scene is going to look very different by the end of the year. Dozens of projects of varying scales are in process or prepping to change the view around the city. Here are the top 25 Scottsdale…»

Ryan Companies US, Inc., a national commercial real estate solutions provider, and Standard Real Estate Investments, LP have formed a joint venture and announce today the financial closing and beginning of construction on the second phase for 17 North Corporate Center. Located minutes…»

Formation Interests is embarking on its second major development in metro Phoenix. The Dallas-based company is planning to turn an old office complex into a transit-oriented business park along the new light rail extension just across from the $850 million Metrocenter mall redevelopment…»

LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Ariz. The acquisition was made on behalf of LaSalle Property Fund, the company’s U.S. core open-ended fund. An acquisition price was…»