Commercial Real Estate & Business News – February 8, 2022
Arizona Investment Company Proposes Commercial, Residential Projects for More Than 1,000 Acres in West Valley Glendale-based Mangat Group, a real estate investment and development company, plans to build multiple commercial and residential projects across the southwest Valley. In total, the company is planning projects across approximately 1,500 acres and is…» Single-Family Rental Giant Invitation Homes […]
Commercial Real Estate & Business News – February 7, 2022
Amazon Says Its Industrial Growth Will ‘Moderate’ in Near Future Executives at e-commerce juggernaut Amazon said the company’s rapid-fire bout of warehouse leasing, buying and building may start tapering off. Any reduction will be keenly felt by the industrial real estate industry, which benefits immensely from Amazon’s efforts to…» Sterling Real Estate Buys Suites on […]
Commercial Real Estate & Business News – February 4, 2022
New Arizona Bill Would Override City Zoning Requirements to Take on Housing Shortage New Arizona legislation to address the housing shortage and not-in-my-backyard-ism would override most city zoning requirements with less stringent ones and fund the state’s housing trust with $89 million. The bipartisan bill…» These are the Asset Classes Most Resistant to Inflation Inflation […]
Commercial Real Estate & Business News – February 3, 2022
Phoenix Ranks No. 2 in U.S. for Tech Office Leasing Phoenix ranks No. 2 in the nation for average annual growth rate in tech office leasing – a sector that is now the primary driver of the U.S. economic recovery, according to JLL’s latest research. At the beginning of the pandemic, tech employment numbers…» Net […]
Commercial Real Estate & Business News – February 2, 2022
This Canadian Industrial Cooling Firm Shows How Phoenix Area Lures Data Center Businesses A Canadian industrial cooling firm said it would choose between two Phoenix suburbs for its $300 million corporate headquarters and manufacturing facility as the region keeps luring more businesses related to data centers. Xnrgy Climate Systems, based in…» The Next Silicon Valley? […]
Commercial Real Estate & Business News – February 1, 2022
Defunct Malls Among Top Redevelopment Projects in the Valley Defunct malls have been the focus of some of the biggest redevelopment efforts in the Valley, including the reuse of the former Park Central Mall as a primarily office mixed-use campus, and now two groups are gearing up to take on the repositioning of…» Gilbert No. […]