Today’s News 8-21-2025

As data from July continues to roll out, the economic picture remains muddled. A softer-than-expected jobs report and large downward revisions for prior months signaled a slower hiring environment than was previously thought. While that raised hopes for a September interest rate cut from the Federal Reserve, a trio of monthly inflation reports released last week revealed re-accelerating…»

As the calendar turns to the second half of 2025, optimism is growing in the U.S. commercial real estate market, which has moved past the uncertainty and is showing tangible signs of recovery. According to CBRE global head of research Henry Chin, the resilience evident in leasing and capital markets—especially offices and industrial properties—signals a turning point. Institutional investors…»

Phoenix ranks fifth nationally among the markets with the largest share of the top 100 industrial leases in the first half of 2025, according to a new report from CBRE. Phoenix had four of the top 100 leases, totaling 2.2 million square feet, with 24.4 percent of its transactions being renewals in the first half of 2025. “Given Arizona’s business-friendly environment, deep and diverse labor…»

The U.S. rental market is navigating an uneven recovery as developers, investors and operators weigh the impacts of past oversupply against the forces of labor, affordability and demographics. A factor increasingly shaping that balance—though often indirectly—is immigration. Recent arrivals are affecting the construction pipeline and rental demand differently across market-rate…»

Padeland, a new concept coming to downtown Chandler, will feature indoor courts for popular racket sports pickleball and padel. But it will also have much more. The venue is currently under construction in the former LOOK Dine-In Cinemas’ 35,000-square-foot facility in downtown Chandler at 1 W. Chandler Blvd. Padeland, expected to be completed by the end of 2025…»