Commercial Real Estate & Business News November 5, 2019
CoStar Economy: A Pause in Rate Cuts Rests on the Backs of Consumers We’ve spent a lot of time over the years, too much time perhaps, parsing Federal Reserve statements after every meeting for insights into the Open Market Committee’s thinking and what that may mean for the future of policy. Why? Not because it’s fun! […]
Commercial Real Estate & Business News November 4, 2019
Why Secondary and Tertiary Markets Present a Compelling Multifamily Investment Opportunity CRE cap rates are expected to remain unchanged, but investors looking for financing should benefit from lower rates.The Federal Reserve opted to cut interest rates for the third time this year at its October meeting, by a quarter percentage point, to a range of 1.50 to 1.75 […]
Commercial Real Estate & Business News November 1, 2019
Another Interest Rate Cut Will Help Hold Up CRE Values, But Was It Needed? CRE cap rates are expected to remain unchanged, but investors looking for financing should benefit from lower rates.The Federal Reserve opted to cut interest rates for the third time this year at its October meeting, by a quarter percentage point, to a range of […]
Commercial Real Estate & Business News October 31, 2019
Analysis: Light Industrial Sites Take Spotlight from Megawarehouses Even as the growth of e-commerce has lifted the entire industrial and logistics real estate sector, a sweet spot has emerged: warehouses smaller than 120,000 square feet, according to a new report from CBRE. CBRE analyzed U.S. industrial buildings by size and found that “light industrial” properties outperformed…» Highly Anticipated Grocery […]
Commercial Real Estate & Business News October 30, 2019
‘Game-changer’ SkyBridge Arizona Breaks Ground in Mesa SkyBridge Arizona and leading general contractor Graycor Construction Company joined today with local dignitaries, Phoenix-Mesa Gateway Airport, business leaders and project leasing firm CBRE to break ground on the first two buildings at SkyBridge Arizona. The major master-planned development will serve as the nation’s first-ever joint U.S. and Mexico […]
Commercial Real Estate & Business News October 29, 2019
Single-Family Rentals Compete with Traditional Apartments in Phoenix’s West Valley Submarket Multifamily developers continue to build at a vigorous pace in the Phoenix metropolitan area, but a unique segment of the market, single-family rentals, is gaining traction in the suburbs like the West Valley submarket. Of the 1,660 units currently underway in the submarket, about 42% […]