Commercial Real Estate & Business News – April 19, 2020
Holualoa Closes Several Big Deals to Maintain Momentum During COVID-19 DownturnHolualoa Companies has enjoyed a strong first four months of the year despite recent economic challenges, closing on several key transactions in Arizona. The company sold several properties in Phoenix and Tucson over the past few months and signed a significant…» Walmart Makes Major Gains […]
Commercial Real Estate & Business News – April 20, 2020
When Will Things Return to Normal in Arizona? Here Are The Unusual Metrics Economists Are WatchingThe economic damage caused by coronavirus shutdowns is uncommon. So economists say they will need uncommon data to track how the nation rebounds. Normally, these experts use high-level metrics such as the gross domestic product and bond yield curves to…» […]
Commercial Real Estate & Business News – April 17, 2020
‘Arizona Will Lead,’ Says Gov. Doug Ducey on Reopening the Economy and What’s Next During CoronavirusTesting, treatment, social distancing and other health safeguards remain top priorities for stemming the new coronavirus outbreak in Arizona. But government and business leaders are starting to look toward the day, possibly within a few weeks, when the state’s economy […]
Commercial Real Estate & Business News – April 15, 2020
Ducey Seeks Ideas From Businesses, Tourism Industry on Reopening Arizona EconomyArizona is laying the groundwork to eventually reopen the state’s economy with help from the business community. Gov. Doug Ducey announced Tuesday he has reached out to the state’s business and tourism communities for ideas that can be implemented in a plan that eventually would […]
Commercial Real Estate & Business News – April 14. 2020
Walton Sells 290 Acres in Buckeye Master PlansWalton, a real estate investment and land asset company with $3.8 billion under management and administration, has sold 290 acres in the Mystic Vista and Vista Bonita masterplans located in Buckeye, Ariz.MPC Developments, LLC has purchased 145 acres in the Mystic Vista community located at Apache Road…» Phoenix […]
Commercial Real Estate & Business News – April 13, 2020
Restaurants Account for the Majority of Rent Relief RequestsAs April rent has come due, rent relief requests have started to roll in. Restaurants have accounted for the majority of these early requests, according to Gary Glick of Cox, Castle & Nicholson. This is particularly noteworthy, considering that many retail owners have favored restaurant tenants…» Apartment […]