Commercial Real Estate & Business News January 13, 2020
Retiring Baby Boomers Could Reshape Real Estate As the heart of the baby boomer generation begins to hit retirement age, what boomers will do instead of work has the potential to transform multiple sectors of the real estate industry. About half of all baby boomers have hit the age of 65, and while exact retirement ages […]
Commercial Real Estate & Business News January 10, 2020
Six Predictions for the Retail Sector in 2020 It was a brutal year for the U.S. retail sector, despite a robust economy and healthy consumer spending. Massive store closures, retailers’ right-sizing, changing consumer behaviors, new delivery models and the upheaval of e-commerce competition impacted the sector. However, there’s also opportunity. Traditional retailers are rethinking…» Rivulon Gears […]
Commercial Real Estate & Business News January 9, 2020
Construction to Begin Soon on Largest SkySong Building Construction on the largest office building in the SkySong development in south Scottsdale will begin in May and leasing activity is already underway. SkySong 6, the sixth office building and seventh structure in the complex on the southeast corner of Scottsdale and McDowell roads, will be 90 feet […]
Commercial Real Estate & Business News January 8, 2020
US Shopping Mall Vacancies Hit Two-decade High Vacancies in US shopping malls have hit the highest level in at least 20 years, a milestone that shows how landlords are struggling to come to terms with the age of Amazon. More shopping centre units lay empty across the country at the end of 2019 than any time […]
Commercial Real Estate & Business News January 7, 2020
Eight Predictions for the Industrial Sector in 2020 New project deliveries, continued cannabis legalization, a decline in manufacturing, faster e-commerce deliveries and the upcoming presidential election will all have an impact on the U.S. industrial sector in 2020, experts say. Here are eight predictions for the industrial sector in the new year: 1. The rush to […]
Commercial Real Estate & Business News January 6, 2020
Arizona is the No. 2 Relocation Destination for Californians Americans are one of the most mobile nations in the world, according to a global study led by researchers at the University of Queensland, Australia. U.S. citizens ranked third in terms of cross-country mobility among the 60 countries considered in the research, and their appetite for moving […]