Commercial Real Estate & Business News September 13, 2018
1031 Buyers Retain a Strong Appetite for Fast Food Consumer tastes may be shifting to healthier fare with organic, sustainable and farm-to-table choices, but the flavor of the month for 1031 exchange investors remains firmly focused on quick service staples that include the likes of McDonald’s, KFC and Dunkin Donuts. The net lease quick service […]
Commercial Real Estate & Business News September 12, 2018
Big Retailers Shrink Stores to Boost Sales Fast-food chain Taco Bell’s plan to open 300 new small-format restaurants across the country in the next four years is the latest by a slew of major national brands experimenting with smaller stores to cut real estate costs and cater to urban millennials. Taco Bell, Barnes & Noble […]
Commercial Real Estate & Business News September 11, 2018
Experts Offer Tips on Tax Considerations for 1031 Exchanges Effective this year, the federal Tax Cuts and Jobs Act wiped out the 1031 exchange tax deferment benefit for personal property, such as primary residences, vacation homes, artwork and collectibles. That change might have caused confusion about how exchanges of real property, like office buildings, warehouses […]
Commercial Real Estate & Business News September 10, 2018
Is Phoenix the Next ‘Millennial Magnet?’ Report Predicts More Tech Job Growth A London-based real estate investment company has named Phoenix a city to watch as one of the fastest growing markets in the nation. “TH Real Estate believes that Phoenix is well-positioned to capitalize on its favorable growth prospects,” said Dan Manware, a researcher […]
Commercial Real Estate & Business News September 7, 2018
State’s Largest Health System Looks to Hire 1,500 in Metro Phoenix Banner Health wants to fill 1,500 positions at its facilities throughout the metro Phoenix area. The hiring surge comes at a time when hospitals in Arizona and nationwide are experiencing a nursing shortage. “The labor market is really tight right now because the economy […]
Commercial Real Estate & Business News September 6, 2018
Arizona’s Economy Growing at Fastest Pace Since 2007 Arizona’s economy is growing at a rate not seen in 11 years, according to a reportfrom the Bank of Montreal. The BMO Capital Markets Economics State Monitor report finds Arizona’s economy advanced 4.2 percent year over year during the first three months of 2018. That was the […]