Commercial Real Estate & Business News – May 18, 2022
Phoenix Ranks No. 2 for Industrial Development Growth in 2022 A new report from ComercialSearch, a commercial listing platform, finds that Phoenix ranks second nationally for industrial development growth in 2022. The firm recently sorted industrial property figures from…» $600 Million Gas Plant Planned to Support Phoenix Semiconductor Manufacturing Facility Major industrial gas company […]
Commercial Real Estate & Business News – May 17, 2022
Gilbert Ranks No. 1 for Office Construction in U.S. The last 10 years were challenging. Beginning from the depths of the financial crisis and culminating with the beginning of one of the worst global health crisis in the last 100 years, the 2010s changed everyday life quite a bit — especially how and where we […]
Commercial Real Estate & Business News – May 16, 2022
Origin Cites Sun Belt Markets as Best for Multifamily Investment Private equity real estate fund manager Origin Investments has released a report, Multifamily Markets to Watch, that cites Sun Belt markets Phoenix, Tucson, Las Vegas, Austin and Nashville as metro areas having the greatest opportunities for rent growth, investment and development for…» U.S. Industrial Vacancy […]
Commercial Real Estate & Business News – May 13, 2022
Phoenix No. 1 in West for Year-over-Year Rent Increases at 15.6% The U.S. multifamily sector saw strong momentum at the start of 2022, with robust demographic trends underpinning record leasing activity, rent growth and investment during the first quarter, according to …» Developer Looks to Build Huge Mixed-Used Project in Historic Area of Phoenix A […]
Commercial Real Estate & Business News – May 12, 2022
Suburban Retail Has Been Outperforming Urban Properties. Will This Trend Continue? For a little over two years now—since the start of the pandemic—suburban retail has outperformed urban retail. However, urban retail has started to recover, and industry experts are debating whether…» Big Defeat for Kohl’s Activist Investor Kohl’s has successfully fought off activist investor Macellum […]
Commercial Real Estate & Business News – May 11, 2022
Phoenix’s Population Continues To Grow at Rapid Rate Phoenix’s population grew by nearly 80,000 in 2021, or 1.6% annually, according to the latest U.S. Census Bureau data. Residents priced out of costly markets are the driving force behind this trend…» Lincoln Property Plans $515M Industrial Megaproject LPC Desert West, the Southwest arm of Dallas-based Lincoln […]