Commercial Real Estate & Business News – May 2, 2022
Longtime Valley Farmers Market Moving to Innovation Core in Phoenix A staple event in downtown Phoenix is expanding and moving to a new location this May, but it’s not going far. The Downtown Phoenix Farmers Market, which is managed by nonprofit Community Food Connections and sees an estimated…» Kennedy Wilson Acquires Three Multifamily Assets for […]
Commercial Real Estate & Business News – April 29, 2022
Developer Announces Mixed-Use Project Near Massive Phoenix Computer Chip Plant An Indiana real estate company is the latest developer to bet on future growth in North Phoenix, where Taiwan Semiconductor Manufacturing Corp. is building a massive semiconductor fabrication plant expected to employ thousands of workers…» Decron Properties Buys Tamarron Apartments for $128 Million Decron Properties […]
Commercial Real Estate & Business News – April 28, 2022
Glendale Lagoon Resort to be Largest Hotel, Entertainment Destination in State The planned resort formerly known as Crystal Lagoons is being rebranded and developed into what the city of Glendale said will be the largest hotel and entertainment destination in Arizona. Now called VAI Resort, the entertainment destination will…» Retail Is Outperforming, But Where Are […]
Commercial Real Estate & Business News – April 27, 2022
Liv Laveen Breaks Ground in Southwest Valley Liv Communities, a Michigan-based developer of numerous amenity-rich multifamily and senior living projects in the Valley, and The Rockefeller Group, a U.S. real estate developer, owner and operator, recently broke ground on a…» New Restaurants Want to Open in Phoenix but they Can’t Find any Space Phoenix’s retail […]
Commercial Real Estate & Business News – April 26, 2022
Redevelopment of Shuttered Phoenix Mall will Cost Nearly $1B The city of Phoenix is proposing an agreement with Concord Willshire Capital LLC for the redevelopment of the defunct Metrocenter Mall, which was once the largest mall in the Southwest but closed in 2020 due to market changes and the…» Phoenix Mortgage Costs Skyrocket 20% Already […]
Commercial Real Estate & Business News – April 25, 2022
Retail Sector Maintaining Positive Momentum Heading Into Second Quarter The retail sector continued its positive momentum in the first quarter as retail sales have accelerated briskly since mid-2020, thanks to the significant increase in disposable income resulting from pandemic-related government transfers and strong wage gains…» Office Investments Heat Up in Greater Phoenix Some 941,913 square […]