No Move From the Fed, But Market Forces Still in Motion
For the first time since July 2025, the Federal Reserve’s Federal Open Market Committee left interest rates unchanged—a move widely expected across markets as policymakers hold steady amid balanced but uncertain economic signals. Analysts say the same could follow in March as the Fed watches to see how past rate cuts ripple through the economy and inflation trends. “Given the more likely FOMC view hat dual risks of inflation and unemployment are mostly in balance, we should not expect any…»
Immigration Squeeze Forces CRE To Underwrite Jobless Economic Growth
The U.S. economy is still growing, but for commercial real estate investors, the more important story may be where growth is not showing up: payrolls. In a recent Marcus & Millichap webinar on the 2026 outlook, Moody’s Analytics Chief Economist Mark Zandi described a market in which restrictive immigration policy has slowed labor force growth so sharply that job creation has “come virtually to a standstill,” even as GDP expands at a solid clip. That divergence, he…»
City Winery inks lease for 30,000-square-foot Scottsdale location
City Winery, a heralded winery, restaurant, live music venue and multi-functional events space concept, has signed on to open a 30,000-square-foot location in Scottsdale. The New York-based business that started in 2008 and now has 12 locations mostly on the East Coast, will be opening in the Sydney, a $100 million entertainment-driven retail development on a 26-acre site on Salt River Pima-Maricopa Indian Community Land near 90th Street and the Loop 101 freeway Construction on the three-story City Winery…»
Massive 3.4-million-SF CapRock West 202 Logistics is now complete
CapRock Partners, a privately-owned investor and developer of industrial real estate in the Western and Central U.S., today announced the completion of CapRock West 202 Logistics – Phase 2, marking the final phase of Phoenix’s largest speculative industrial development. Phase 2 delivers 825,000 square feet of Class A warehouse space across three buildings on 43 acres in the Southwest Phoenix submarket. With its completion, CapRock West 202 Logistics now totals 3.4 million square feet of modern…»
Top Multifamily Markets Share a Common Playbook
Fort Lauderdale may sit atop Marcus and Millichap’s 2026 multifamily rankings, but the real story is how a diverse mix of Sun Belt gateways and tech‑driven hubs are winning on the same fundamentals: tightening vacancy, sharply curtailed construction and renters effectively locked out of homeownership. Together, these forces are concentrating capital in a select group of markets where modest job gains, AI‑linked hiring and demographic tailwinds are still powerful enough to support rent growth even…»