Commercial Real Estate & Business News – November 17, 2021
Is the Retail Market Performing Better Than You Think? LAS VEGAS—ICSC – Here, We Go. 2021 is fast approaching. The Las Vegas conference will include networking with dealmakers, changemakers and innovators, gatherings and meetups with like-minded professionals…» Casa Grande Gives Final Approval for $300 Million Manufacturing Plant The Casa Grande City Council gave the final […]
Commercial Real Estate & Business News – November 16, 2021
Store Openings Are Ushering In a “New Age of Retail” A “new age of retail” has emerged in the wake of the COVID-19 pandemic, as brands begin to open physical store locations at a renewed pace, according to a new analysis from Moody’s Analytics. The recent slew of…» Despite Last Year’s Underperformance, CRE Institutional Investment […]
Commercial Real Estate & Business News – November 15, 2021
Expect a More Mature BTR Business Plan in 2022 The booming single-family build to rent market, if not already, will soon be dealing with headwinds around labor and supply chain management challenges, efforts to streamline operations and using consumer data points to…» What Redevelopment Plans are on Tap for Mesa’s Empty Fiesta Mall? The shuttered […]
Commercial Real Estate & Business News – November 12, 2021
Fully Occupied East Valley Property Trades at 7.1 Cap Mesa, AZ – Nick Miner, CCIM of ORION Investment Real Estate reports selling a 100% occupied property at 1258 West Baseline Road for $1,500,000 or $123 per square foot and a 7.1% cap rate. Miner of ORION represented the Seller, Van’s Golf Properties LLC, while the…» The […]
Commercial Real Estate & Business News – November 11, 2021
REITs Find Options Abound in What’s Seen as a Free-Flowing Lending Market In the booming U.S. commercial property market, real estate investment trusts say they are having no trouble when it comes to financing. In naming a single challenge at the moment, executives say all that free-flowing capital is beginning to drive up costs of…» […]
Commercial Real Estate & Business News – November 10, 2021
A Housing Issue We Can’t Afford to Ignore The lack of affordable housing and the mounting resistance to multifamily housing development is creating serious heartburn in the Valley’s business community — among builders and employers alike — who view it as a risk to healthy economic growth. It’s been a thorny issue in…» $70 Million […]