Commercial Real Estate & Business News – November 17, 2022
Here’s The Arizona Economic Development Forecast for 2023 As 2022 winds down, the Arizona economic development sector has much to celebrate in the way of wins. According to the Arizona Commerce Authority (ACA), the state ranked No. 3 for economic outlook — a 10-spot jump from No. 13 the prior year. With…» Multifamily Rent Growth […]
Commercial Real Estate & Business News – November 16, 2022
Coyotes’ Proposed Tempe Entertainment District Goes to Public Vote A Tempe entertainment district and development that has lacked clarity over the past six months gained a bit of traction last week. The Tempe City Council voted unanimously (7-0) Thursday to reserve May 16 as the referendum date for…» Massive Mesa Warehouse Project Sails Through Council […]
Commercial Real Estate & Business News – November 15, 2022
On The Rise: Phoenix’s Population Boom Boosts Local CRE With a growing population bringing thousands of working-age people to an increasingly diversifying economy and a resiliency tested by the depths of the Great Recession, Phoenix is pushing its way to prominence on the national stage, drawing investment and attention as…» Developer Set to Break Ground […]
Commercial Real Estate & Business News – November 14, 2022
Denver Company Plans 50-Acre, Data-Center Campus Near Phoenix Sky Harbor Airport A Denver company has announced plans to build a five-building, 50-acre campus just north of Phoenix Sky Harbor International Airport. Stack Infrastructure said it has purchased land south of Loop 202 near 40th Street and plans to construct…» Developers Want to Bring Residents, New […]
Commercial Real Estate & Business News – November 11, 2022
Happy Veteran’s Day! Thank you to all the men and women that serve our country! Forecasting the Future of Warehouse Demand Transwestern released its analysis of a decade of warehouse demand and then trying to understand its future. A story of a decade comes out immediately in a succinct summation: “Since the end of the […]
Commercial Real Estate & Business News – November 10, 2022
Chip-Making Juggernaut TSMC Eyes Multibillion-Dollar Arizona Factory Expansion Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip maker, is preparing another multibillion-dollar factory investment in Arizona, people familiar with the plans said. TSMC TSM -0.03%decrease; red down pointing triangle plans in the coming months to…» Why Development of Medical Office Buildings is Booming Maricopa County, […]