Commercial Real Estate & Business News – November 18, 2020
Family Offices Weigh Options for Optimizing CRE AllocationsFamily offices have long viewed commercial real estate as an attractive asset class. Some invest in real estate as part of a diversification strategy. Others focus on it as a core discipline. Regardless, of where it fits in their portfolios, these investors are actively assessing how COVID-19 is […]
Commercial Real Estate & Business News – November 17, 2020
Apartment Investors Mull Opportunities in Distressed MallsApartment dealmakers may find an opportunity to build new apartments around the shells of under-performing or empty regional malls. Hundreds of troubled shopping malls may be seized by lenders over the next year, experts say. “In the current market with the pandemic, the number of properties…» Downtown Phoenix, Tempe […]
Commercial Real Estate & Business News – November 16, 2020
Here’s What Consumers Think About the Health of Arizona’s EconomyThe Greater Phoenix Chamber recently released the Arizona Business Index™ (ABI™), powered by OH Predictive Insights (OHPI). The study measures and interprets the health of the Arizona economy from the perspective of the Arizona consumer…» We’re On Track to be a Renter Nation AgainWhen the Great […]
Commercial Real Estate & Business News – November 13, 2020
Boosted by the pandemic, positive industrial real estate fundamentals are driving asset values to record highs, particularly “last mile” properties in core urban markets. And investors of all types are competing hard to pounce on the limited number of available deals. “A range of institutional investors…» Apartment Construction Suffers in a Single-Family Housing Boom, Report […]
Commercial Real Estate & Business News – November 12, 2020
Phoenix Industrial Market Fueled by PandemicThe Phoenix industrial market has surged during the pandemic, according to a new report from Colliers International. In the third quarter, industrial absorption was 2.5 million square feet in Phoenix. The activity is driven by increased ecommerce spending, which has fueled national growth in the sector. This is the sixth…» […]
Commercial Real Estate & Business News – November 11, 2020
Happy Veteran’s Day! Thank you to our service members! Population Growth in Phoenix Expected to Drive Medical Office MarketThe Greater Phoenix Medical Office market has remained healthy during third quarter, despite an increase in sublease availability. During the past three months, the market posted positive net absorption and a slight increase in rental rates, as […]