Commercial Real Estate News – March 12, 2020
The Nation Faces 7 Million Shortage of Affordable and Available Rental HomesThe nation’s severe shortage of affordable and available homes disproportionately affects people of color, reports the National Low Income Housing Coalition (NLIHC). African-American, Native American, Hispanic, and Asian households are more likely than white households…» Phoenix Claims 5 of The 100 Largest Tech Office […]
Commercial Real Estate Business News – March 11, 2020
U.S. CRE Still a Top Pick for Foreign Investors, AFIRE Survey IndicatesForeign investors continue to view U.S. commercial real estate as a solid investment, with multifamily and industrial properties remaining their favored picks, according to the results of the 28th annual survey conducted by the Association of Foreign Investors in Real Estate…» Get Ready for […]
Commercial Real Estate News – March 10, 2020
The New Normal: Real Estate Settles In for a Coronavirus DisruptionThe last week saw a surge in coronavirus cases both in the U.S. and worldwide, driving a sharp downturn in global stock markets and raising concerns that the outbreak’s impact, both in terms of health and the economy, is poised to deepen. The commercial real […]
Commercial Real Estate & Business News – March 9, 2020
4.5M SF Park303 Breaks Ground in GlendaleNAIOP Arizona Owner/Developer of the Year Lincoln Property Company (LPC) joined with local dignitaries and guests today to break ground on the first building at Park303, a major industrial master-planned development that at build-out will accommodate up to 4.5 million…» Valley Economic Development Directors, Brokers Talk Future of Tech […]
Commercial Real Estate & Business News – March 6, 2020
Amenity-Rich Lobbies are Becoming a Differentiator for Apartment AssetsThe first floors of many new apartment buildings have become bustling spaces boasting the best amenities. More akin to hotel lobbies, these spaces are rapidly becoming a selling point from developers hoping to lure tenants in competitive markets…» Office Developers Ramp Up Construction in Phoenix’s Premier SubmarketThe […]
Commercial Real Estate & Business News – March 5, 2020
Block 23 Plans These Spring and Summer OpeningsRED Development announced today that Block 23 in Downtown Phoenix will have four tenants occupying space at the high-rise, mixed-use destination by this summer, in addition to welcoming the first residents at The Ryan, a 332-residence apartment community…» New Luxury Apartments Coming to Camelback and CentralIt’s been about […]