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% […]
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 […]