Commercial Real Estate & Business News – February 27, 2025

The American consumer has proven surprisingly resilient over the past few years, creating a kind of firewall against other pressures on the economy. And while household balance sheets remain strong by historical comparison, a few signs of stress are beginning to emerge. Retail sales in…»

The city of Glendale plans to lease about 20 acres to the VAI Resort to support parking and traffic in the area as the project prepares to open its doors later this year. Glendale City Council approved a ground lease agreement at its Feb. 25 meeting with the developer of the…»

For the Q4 2024 industrial markets ranking report, CommercialCafe looked at key performance indicators across 30 major industrial markets in the U.S., tracking them each quarter. Markets are ranked based on several metric categories: vacancy, pipeline, average rent, upcoming loan maturities, and…»

The Trump administration’s recent directive to the General Services Administration (GSA) to significantly reduce federal office leases has sent ripples through the commercial real estate market. This cost-cutting measure, aimed at trimming as many as 300 leases per day, represents a…»

Arizona continues to be a hot spot for industrial development following the latest announcement from technology giant Apple that it will invest $500 billion in nine states over the next four years. The popular cellphone maker announced Arizona would be one of those states but…»