Commercial Real Estate & Business News October 28, 2019
10 Developments are Planned for Downtown Mesa. Here’s a Look at Each A boutique hotel, a brewery and an array of apartments – from one focused on sustainable living to another offering an ultra modern twist – are planned in downtown Mesa’s one square mile. The projects are energizing city leaders who have long sought to […]
Commercial Real Estate & Business News October 24, 2019
5 Predictions for CRE from the Connect Conference The big question at the Connect National Investment & Finance conference held in New York City yesterday was: Will there be a recession and, if so, when? While that question went largely unanswered, debt and equity experts offered a number of near-term predictions. Here are five that would […]
Commercial Real Estate & Business News October 23, 2019
Institutions Continue to Raise Real Estate Allocations in 2019 An annual report from Hodes Weill and Cornell University shows real estate remains a preferred asset class among global institutions.Global institutions continue to raise their allocations to real estate, according to the latest Allocations Monitor survey from Hodes Weill & Associates and the Columbia University Baker Program […]
Commercial Real Estate & Business News October 22, 2019
Surge in Valley Job Growth Fuels Office Demand in Q3, Report Says Since July, more than 14,000 new jobs have been announced in the Valley, fueling demand for office space in submarkets that already were some of the area’s hottest. About 40% of the new jobs announced during the quarter will be concentrated in Scottsdale and […]
Commercial Real Estate & Business News October 22, 2019
Commercial Real Estate Gets More Positive Outlook in Latest NAIOP Survey Real estate investors, developers and brokers have higher expectations that commercial property markets will improve over the coming year than they did in March, according to a closely watched survey by national trade organization NAIOP. For the first time since the survey began in March […]
Commercial Real Estate & Business News October 21, 2019
Phoenix-Area Office Building Tops Off Ryan Cos. US and University Realty have topped off 777 Tower at Novus, a 160,000-square-foot office building under construction on the Arizona State University campus in Tempe, Ariz. The developers completed the building structure, concrete work and dry utilities, while the metal panel installation and interior lobby works are scheduled to […]