Commercial Real Estate & Business News – August 24, 2021
Compared to Last Year, Real Estate Executives Find a Moment of Positivity The pandemic has upended commercial real estate markets and created widespread uncertainty about when employees will return to the office. And yet, commercial real estate executives have never been more bullish about current market conditions since the Real Estate Roundtable began gauging…» Phoenix […]
Commercial Real Estate & Business News – August 23, 2021
Phoenix is No. 1 in U.S. for Population Growth by Numbers Within the United States, both natural population growth and the number of people moving are on the decline in recent years, according to the U.S. Census Bureau. But that doesn’t mean all the country’s towns and cities are experiencing population slowdowns. The city with […]
Commercial Real Estate & Business News – August 20, 2021
5% of Home Sellers Drop Prices in Recent Weeks, Report Shows The share of home sellers with price drops has now passed the 5% mark, according to a new report from Redfin, the technology-powered real estate brokerage. This is the highest level this measure has reached since late 2019 and it is still climbing during […]
Commercial Real Estate & Business News – August 19, 2021
To Support Sales Growth, Target Says It’s ‘Leaning Into’ Property Investments Target Corp. executives said the company might reach annual sales of $100 billion for the first time in its history, and the chain plans to spend some of that windfall on its property.To keep gaining ground, CEO Brian Cornell said Target is going to […]
Commercial Real Estate & Business News – August 18, 2021
Hines’ Chandler Viridian Development Signs 28,608 SF Lease with Array Technologies Hines, the international real estate firm, has reached an agreement with Array Technologies for a 28,608 square foot lease at its Chandler Viridian office development.Albuquerque-based Array Technologies, which just announced a capital infusion of $500 million from Blackstone, is relocating from its…» Investors Drive […]
Commercial Real Estate & Business News – August 17, 2021
Malls Have Hit Pre-Pandemic Foot Traffic Levels Malls “have essentially fully recovered” to post-pandemic levels, according to a new analysis of the top performing indoor and outdoor shopping centers across the US.Outdoor shopping centers posted a 2.1% increase in monthly visits in July as compared to the same period in…» Optima Sells out Luxury Condo […]