Commercial Real Estate & Business News – October 1, 2021
Phoenix Ranks No. 3 in U.S. Data Center Rankings JLL has released its H1 2021 Data Center Outlook and in the report, Phoenix ranks No. 3 in the U.S. for new data center construction and No. 3 in the U.S. for data center absorption.Local competition is rising to an institutional level and demand doesn’t seem […]
Commercial Real Estate & Business News – September 30, 2021
32 Projects to Watch From NAIOP Arizona Members From a 6,500-square-foot restaurant and retail addition that will enhance the already popular Park Central development in Central Phoenix to multimillion-square-foot industrial parks along the Loop 303, commercial real estate showed no signs of slowing down during the pandemic. In fact, NAIOP Arizona members were busier than…» […]
Commercial Real Estate & Business News – September 29, 2021
Industrial Demand Will Continue To Boom Through 2026 Over the last few years, bolstered by an unprecedented boom in e-commerce and retail sales, the industrial sector has posted historically high demand and supply growth. And that’s led some analysts to question how long the ride can last for the sector that’s relatively unaccustomed to such […]
Commercial Real Estate & Business News – September 28, 2021
10 States Sending the Most New Residents to Arizona The COVID-19 pandemic has made migration a hot topic for all states. Which states will benefit the most from increased remote work? We will not have hard data to answer that question for a while, but now is a good time to revisit a key migration […]
Commercial Real Estate & Business News – September 27, 2021
Here’s how Arizona’s Recovery From Pandemic is Gaining Momentum Arizona’s economic recovery from the pandemic gained significant momentum in the second quarter. Job gains surged, housing permit activity remained very strong, and taxable sales remained on track for significant gains. The housing market grew even hotter in the second quarter, with low inventories, high construction […]
Commercial Real Estate & Business News – September 24, 2021
What the Fed’s Monetary Plans Mean for CRE The Federal Reserve is saying that it will start to taper off its purchases of $120 billion of bonds per month. Also, Fed officials were split 50-50 on an interest rate hike in 2022 according to Oxford Economics, calling the meeting “slightly more hawkish.”But what does that […]