Commercial Real Estate & Business News – May 17, 2023
Construction Starts on Two-Building Logistics Park As Phoenix Industrial Market Stays Hot Developers broke ground on two logistics buildings in the Phoenix suburb of Surprise as tenant demand for industrial properties keeps driving speculative development across the region. Mohr Capital and its financial partner Rosewood Property Co., both based in Dallas, expect to the…» HonorHealth […]
Commercial Real Estate & Business News – May 16, 2023
TSMC Announced its Arizona Microchip Factory 3 Years Ago. Here’s What has Happened Since Then A presidential visit, a massive construction effort, new suppliers moving in and billions of dollars in spending. The new Taiwan Semiconductor Manufacturing Co. complex is one of the most prominent economic projects ever for Arizona. The investment has grown…» Here’s […]
Commercial Real Estate & Business News – May 15, 2023
Five Star Development Secures $585M loan to Complete The Palmeraie Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $585 million loan to Five Star Development for the completion of The Ritz-Carlton Paradise…» Orlando, Phoenix Hospitality Markets Lead US […]
Commercial Real Estate & Business News – May 12, 2023
Could Southern Arizona Become Battery Manufacturing Capital? Southern Arizona is establishing itself as a battery capital in the United States as battery manufacturing companies continue to select the region to be home to their operations. Through incentives, the City of Tucson is attracting manufactures that will boost economic…» Retail Availability Falls to Record Low in […]
Commercial Real Estate & Business News – May 11, 2023
Foreign Investors Have a Bigger Appetite for U.S. Commercial Property This Year In years past, U.S. commercial real estate property owners could count on healthy inflows of capital from foreign investors eager to tap the country’s market fundamentals. Recently, those investments have dwindled and last year cross-border investment in…» NRF: U.S. Economy ‘Remained in Gear’ During […]
Commercial Real Estate & Business News – May 10, 2023
Arizona County Leads the Nation in Population Growth for Third Straight Year Arizona’s healthy demographic tailwinds remained in full force in 2022, with Maricopa County leading the United States in absolute population growth for the third straight year, according to the latest data from the U.S. Census Bureau. The county, which makes up the majority […]