Commercial Real Estate & Business News August 14, 2019
Phoenix in ‘Sweet Spot’ for Business Affordability, Employment Growth, Report Says Phoenix lands right in the “sweet spot” for the cost of doing business and employment growth, according to a Business Cost Index study done by global research firm IHS Markit Ltd. According to the index, it costs 1.1% less to do business in Phoenix compared […]
Commercial Real Estate & Business News August 13, 2019
The Ritz-Carlton, Paradise Valley Prepares for Summer 2020 Opening Set in the coveted resort town of Paradise Valley, Ariz., within the heart of vibrant Scottsdale, construction on The Ritz-Carlton, Paradise Valley is well underway for the luxury property that will span over 20 acres and boast 215 guest accommodations. “We are thrilled to expand our resort […]
Commercial Real Estate & Business News August 11, 2019
Venture Capital and Commercial Real Estate Venture capital is changing commercial real estate at an astonishing pace. GlobeSt.com recently caught up with Andrea Jang, head of growth Americas for JLL Spark, to gain insight on how venture capitalists choose what to fund, how their funding will change CRE, and how to keep pace with the changes. […]
Commercial Real Estate & Business News August 9, 2019
Arizona Apartment Rates Climb at Fastest Rate in the Nation Arizona is currently one of the hottest destinations for relocators, and the apartment housing industry is facing the subsequent pressures of that. In 2016, Arizona had the fifth-highest number of net in-migrants in the nation. That is, over 24,000 more people moved into the state than […]
Commercial Real Estate & Business News August 8, 2019
Here’s Why Canada Means Big Business for Arizona Last year, Maricopa County saw the largest population increase of any county in the United States, adding another 81,244 residents to its desert clutches. That makes eight straight years of population gains, according to the Census Bureau. This impressive bump doesn’t account for the temporary residents who make […]
Commercial Real Estate & Business News August 7, 2019
This Phoenix Suburb Is Punching Above Its Weight and Leading Investment Volume in the Market The Chandler N/Gilbert submarket sparked renewed investor interest in the first half of the year, making it the top submarket in Phoenix for industrial sales volume, despite being only the fifth-largest in inventory. Investors are looking to Chandler N/Gilbert due to […]