Commercial Real Estate & Business News – April 21, 2023
Mixed-Use Project Near Scottsdale Fashion Square ‘Months Out’ From Construction The developer has laid the groundwork for a big project in a prominent area of Scottsdale, but vertical construction is still a few months away. Hazel & Azure, a development that would bring more than…» LogistiCenter at Copperwing — at 10 Million SF — Breaks […]
Commercial Real Estate & Business News – April 20, 2023
Tenant Demand for Big-Box Warehouses Surges in Phoenix Metro Phoenix has emerged on top as the fastest-growing industrial market in North America, according to real estate experts. The Phoenix metro’s industrial market had a growth rate of…» SkyBridge Arizona on Track to be First-Of-Its-Kind Unified Cargo Processing Facility Close on the heels of its 250,000-square-foot […]
Commercial Real Estate & Business News – April 13, 2023
Here’s How RED Development will Transform the Future of Goodyear RED Development revealed today a joint venture with Scottsdale-based Globe Corp. to build GSQ, a new more than 150-acre mixed-use development set to transform Goodyear as the city’s premier cultural hub featuring…» End of an Era: Sale and Redevelopment Planned for Turf Paradise The owner […]
Commercial Real Estate & Business News – April 12, 2023
Multifamily Rents Inch Up in March Multifamily rents increased slightly in March despite the nation’s economic challenges. According to the latest Yardi Matrix Multifamily Report, U.S. asking rents saw a $3 increase last month to $1,706, while year-over-year growth decelerated to…» Senior Housing Occupancy Rates Continue to Climb Senior housing occupancy rates have increased for […]
Commercial Real Estate & Business News – April 11, 2023
Maricopa County Leads the Nation in Population Growth Maricopa County led the nation in population growth between July 1, 2021, and July 1, 2022, based on the most recent county-level population estimates released from the U.S. Census Bureau. According to the data…» Apartment Demand and New Lease Rent Growth on the Rebound The multifamily sector […]
Commercial Real Estate & Business News – April 10, 2023
Multifamily Occupancy and Rent Metrics Turn Positive in Q1 After Consecutive Declines The first quarter in general, and March in particular, proved positive for multifamily metrics, according to RealPage Market Analytics and Yardi Matrix. Net apartment demand rebounded back into positive territory in Q1, ending a streak of…» Retailers Like Second-Gen Spaces These Days, but […]