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The Urban Land Institute has released the ULI Real Estate Economic Forecast, sharing predictions for the U.S. real estate industry through 2020. The results of the semi-annual survey indicate that commercial real estate will remain strong for the balance of 2018 before entering a slightly less robust-albeit still positive-period. “Strong GDP and job growth in 2018 have set the stage…»
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Mortgage debt underlying offices, apartments and other non-farm commercial real estate rose the most in any quarter to a record $3.27 trillion as all major investor groups increased their holdings amid strong economic growth. The $52.3 billion growth in the second quarter for debt on office, multifamily, retail, industrial and hotel properties outpaced by 1.6 percent the previous record growth…»
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CHICAGO-Need an item from a shelf that’s 40 feet above the warehouse floor? Just ask a picking robot in whatever language you want. Multilingual voice controls, the Internet of Things and emerging technologies are adding new efficiencies to the modern warehouse in a climate of rising costs, according to a new JLL report. Even as operators introduce more warehouse technology,…»
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Another Aldi Inc. store has been proposed for the East Valley. The discount German grocery chain is looking to make a big splash in the region, and has another location under consideration at an Oct. 3 Gilbert planning commission meeting. The proposed Aldi will be built at the southwest corner of Pecos Road and Market Street in Gilbert across the street from a WinCo Foods Inc. store.…»
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GILBERT, AZ-Homebuilder Maracay has closed on the purchase of 115 acres of land here that will eventually be part of a master-planned community that will span 236 acres between the communities of Gilbert and Chandler, AZ here. The Scottsdale, AZ-based firm acquired the 115-acre parcel for $31.6-million and follows up a buy earlier this year of an adjoining 41 acres in Gilbert.…»
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