Commercial Real Estate & Business News – December 22, 2022
Big Tech Wants to Crack Down on Remote Employees It wasn’t long ago — February 2021, in fact — that Brent Hyder, president and chief people officer at Salesforce declared, “An immersive workspace is no longer limited to a desk in our Towers; the 9-to-5 workday is dead; and the employee experience is…» Liv+ Union […]
Commercial Real Estate & Business News – December 21, 2022
Third-Party Logistics Company Signs 1 Million-Square-Foot Lease in Phoenix Metro Erie, Pennsylvania-based Logistics Plus Inc. has secured a 1.1 million-square-foot lease for a new industrial building in the Phoenix metro, which will serve as the company’s largest warehouse globally. Located along the fast-growing Loop 303 corridor, the…» OpenTable Names 5 Arizona Restaurants to Top 100 […]
Commercial Real Estate & Business News – December 20, 2022
Amazon May Be Getting Into the Movie Theater Business We’ve been chronicling in GlobeSt. this year an exponential growth curve for film production studios and sound stages. In Hollywood, New York, Georgia and places in between, big-ticket soundstage projects have been announced on what seems like a…» Microchip Technology Drops Plans to Build Chip Factories, […]
Commercial Real Estate & Business News – December 19, 2022
CRE Sentiment Index Suggests Recession Will Be Shallow and Short Volatility has dominated the RCLCO Current Real Estate Market Sentiment Index (RMI) lately – with distress reaching 2020 COVID-19 levels – but respondents to its most recent survey suggest that the real estate market may have hit its low or will in…» CBRE Sees “Moderate” […]
Commercial Real Estate & Business News – December 15, 2022
Federal Reserve Announces Slower Pace of Interest Rate Hikes as Inflation Cools Amid signs that price growth in the U.S. economy is rapidly cooling, the Federal Reserve announced Wednesday it was slowing the pace of its rate-hiking program designed to tackle inflation — but that more hikes were still on the table…» 3 Things to […]
Commercial Real Estate & Business News – December 14, 2022
The Next Interest Rate Hike: What’s Ahead for CRE The consensus agrees: The Federal Reserve will again raise interest rates on Wednesday. Following four consecutive meetings that resulted in a jump of three-quarters of a percentage point, the anticipation for this event is a smaller rate hike than…» BREAKING NEWS: Inflation Slows Further in November […]