Commercial Real Estate & Business News – June 30, 2022
Washington Developer to Build 3,500 Valley Apartment Units — To The Tune of $1B IDM Cos. has $1 billion in apartment construction plans on its drawing board. The Vancouver, Washington-based developer now has 3,500 apartment units under construction and in the development pipeline across…» High Street Sells for $172 Million Rood Investments acquired the […]
Commercial Real Estate & Business News – June 29, 2022
Here are Five Emerging Industrial Markets to Watch Phoenix tops the list of emerging industrial real estate markets to watch, followed by Nashville, Columbus, Salt Lake City and Savannah. An analysis by Cushman & Wakefield evaluating key performance indicators like…» Homebuilders Unveil New Valley Communities, Despite Soft Spring Sales Despite a soft spring, several […]
Commercial Real Estate & Business News – June 28, 2022
Tempe City Council Approves 250 Rio Development The Tempe City Council has voted to approve the entitlements for the new 250 Rio office and retail project proposed by Hines, the international real estate firm, in downtown Tempe.The 250 Rio development will be a…» Lucid Motors Looks to Lease More Than 1,300 Acres in Casa Grande […]
Commercial Real Estate & Business News – June 27, 2022
Commercial Real Estate Providing Buffer Against Inflation Pressures: Nuveen Commercial real estate continues to provide a solid hedge against inflation, a trend that has been borne out over multiple decades during periods when inflation has exceeded 4%, says Carly Tripp, global chief investment officer and…» Lincoln Property Co. Plans $260M Industrial Project LPC Desert […]
Commercial Real Estate & Business News – June 24, 2022
Valley Build-to-Rent Communities Sell, New York-Style Pizzeria Opens; 6 Other Real Estate Deals to Know Venezia’s New York Style Pizzeria has opened a new location in Chandler. It is the chain’s sixth location in the Valley.The new restaurant is at 1245 S. Price Road in Chandler. “Chandler is a rapidly growing community, so it seemed […]
Commercial Real Estate & Business News – June 23, 2022
Grocery Store Sales Stay on the Rise in May Despite an overall dip in U.S. retail sales, grocery store sales registered strong growth in May as elevated inflation lifted prices but led many consumers to rein in spending in discretionary categories. May U.S. retail and foodservice sales totaled…» Taking Off: The Live-Work-Play Concept The […]