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 […]

Commercial Real Estate & Business News – June 22, 2022

Phoenix Ranks No. 2 Among Hottest Housing Markets in U.S. Whether you are interested in selling your home for a large profit or researching the most friendly market for first time home buying, House Method conducted a study to rank the hottest (and some of the cooler) housing markets in the U.S. — and  …» […]

Commercial Real Estate & Business News – June 21, 2022

Alabama Logistics Firm Expands Valley Presence, Inks Lease in Tempe Seeing a growing need to support electric vehicle companies, Alabama-based logistics firm KOAM LLC is doubling down in the Valley. KOAM inked a lease for a 90,522-square-foot industrial/last-mile facility in…» How the Redevelopment of Papago Plaza in Scottsdale is Taking Shape   The redevelopment of […]