Commercial Real Estate & Business News – February 1, 2021
Phoenix, Inland Empire Are the Top Industrial Markets in 2020 In 2020, the US recorded a record number of big-box industrial transactions, and the West Coast was a central region of the activity, according to new research from CBRE. The Inland Empire and Phoenix both made the list as top markets for major industrial deals, […]
Commercial Real Estate & Business News – January 29, 2021
3 Arizona Real Estate Market Predictions for 2021 At the close of 2020, the Arizona real estate market continued to remain strong. Historically low mortgage rates kept buyers buying, meaning Arizona’s housing inventory was unable to keep up with demand. Representatives from the 2021 board of the Arizona Association of REALTORS share their predictions…» Study: […]
Commercial Real Estate & Business News – January 28, 2021
Investor, Tenant Demand Reaches New Highs in Phoenix’s Industrial Market Industrial demand, supply and investment in Phoenix set new records in 2020, and that momentum has carried into the new year. The coronavirus created substantial headwinds that negatively impacted most commercial property sectors, but some of those trends benefited the industrial segment…» Scottsdale Developer Tapped […]
Commercial Real Estate & Business News – January 27, 2021
ZOM Living to Invest $500m to Develop Multifamily Communities in Arizona ZOM Living has acquired a portfolio of four parcels totaling 33 acres in Phoenix and Scottsdale, Ariz., with plans to deliver thousands of new apartment units during the coming years. The plan marks the firm’s entry to the Arizona market. The Florida‐based firm intends […]
Commercial Real Estate & Business News – January 26, 2021
CRE Sentiment Is On The Upswing Overall sentiment across the commercial real estate market is increasing as 2020 becomes a bad memory, with confidence sharply rebounding from historic lows recorded in the middle part of last year. The latest RCLCO Current Real Estate Market Sentiment Index has increased 22.4…» Yardi: Rent Growth Drops 0.8% YOY […]
Commercial Real Estate & Business News – January 25, 2021
Institutional Owners Show Renewed Confidence in the Investment MarketInstitutional owners are re-entering the investment market, showing a renewed confidence to secure strong pricing. A fund managed by DRA Advisors is bringing the Pinnacle Corporate Park to market. The two-building, class-A office portfolio totals 259,458 square…» Sunbelt Holdings Will Lead 10M SF Expansion at Wild Horse […]