Commercial Real Estate & Business News – April 22, 2022

Tech Billionaire Buys CrackerJax in Scottsdale, Plans to Build ‘Mixed-Use Campus’ After years of rumors and proposals, the nearly 28 acres that are home to CrackerJax amusement park in Scottsdale has finally sold. Billionaire George Kurtz, the co-founder and CEO of cybersecurity company CrowdStrike, and one of the…» Building a Greener Phoenix Phoenix is widely […]

Commercial Real Estate & Business News – April 21, 2022

Overall Retail Sales Inch up in March amid Inflation; Online Takes Hit Nearly nine of 10 consumers say they will be buying more at brick-and-mortar this year—though they expect stores to incorporate the benefits they’ve become used to online. Chase Design, a category growth firm that…» Sam Zell Says the Great Resignation Is Really the […]

Commercial Real Estate & Business News – April 20, 2022

Overall Retail Sales Inch up in March amid Inflation; Online Takes Hit Consumers kept spending in March despite record-level inflation, supply chain issues and geopolitical unrest. Retail sales in March unchanged seasonally adjusted from February but up 4% year-over-year. In February, sales were down…» Multifamily Investors Eye New Challenges After Banner Growth The multifamily market […]

Commercial Real Estate & Business News – April 19, 2022

Small Rural Community in Maricopa County Slated for Industrial Growth A small area on the outskirts of the Valley could see massive industrial growth in the coming years. A 1,314-acre master-planned development comprised of state trust and privately owned land in Tonopah, a rural community located…» Work Begins on Massive Mixed-Use Development in Downtown Phoenix […]

Commercial Real Estate & Business News – April 18, 2022

Press Coffee to Open New Location in Scottsdale Next Month PHOENIX — Press Coffee announced Tuesday it plans to open a new location in Scottsdale next month. The specialty coffee shop is set to begin brewing on May 13 at its 1,300 square-foot space in the…» Phoenix Rental Prices Soar by 29% in 2 Years […]

Commercial Real Estate & Business News – April 15, 2022

Central Station, Planned Downtown Phoenix Transit Hub, Breaks Ground PHOENIX – A new Central Station is breaking ground in downtown Phoenix, and it’s set to provide a transportation hub with apartments, restaurants, offices and retail space along Central Avenue and Van Buren Street. The city of Phoenix will…» Banner Health Eyes North Scottsdale for Next […]