Commercial Real Estate & Business News December 4, 2018
Exclusive Research: Deep Pockets High-net-worth investors (HNWI) have been a highly sought-after buyer group in recent years. Brokers moving properties have attempted to reach them. Non-traded REIT executives have marketed their shares to them. And crowdfunding groups have looked to woo them…» Breakfast Joint Snooze Coming to Downtown Phoenix Popular breakfast and brunch spot […]
Commercial Real Estate & Business News December 3, 2018
Top-Tier Mall REITs Post Solid Performance in the Third Quarter While the retail sector continues to face challenges, REITs that own top-tier malls are posting solid performance numbers and respectable earnings. Regional mall REITs can be a solid investment, with returns of 2.14 percent in 2018 compared with 0.53 percent for the S&P 500, […]
Commercial Real Estate & Business News November 30, 2018
Scottsdale Shopping Center to Become Creative Office, Restaurant Space A Scottsdale shopping center will receive a $14 million renovation to transform into creative office, retail and restaurant space. Denver-based DPC Cos., plans to revamp the property, located at Scottsdale Road and Shea Boulevard, to convert it to about half office space and half retail […]
Commercial Real Estate & Business News November 29, 2018
Florida Housing Developer Plans $500M Worth of Projects in Phoenix Delray Beach SofA Apartments by Related Group. The company is looking to expand to the Phoenix area, and could build apartments similar to this one in Florida. One of the nation’s largest multifamily developers is readying to break into the Arizona market with investments […]
Commercial Real Estate & Business News November 28, 2018
Brick-and-Mortar Retailers Serving Online Shoppers Lead the Holiday Pack Brick-and-mortar retailers that transformed their stores to accommodate online shoppers were the biggest winners during the weekend shopping rush, the first test of what’s forecast to be a strong holiday shopping season. Retailers with both a physical and online presence such as Target and Walmart […]
Commercial Real Estate & Business News November 27, 2018
Behind the Deal: How Nationwide’s Huge Scottsdale Development Helped Open ‘Leapfrogged’ Area Nationwide Mutual Insurance Cos. has had a presence in Scottsdale for decades. What’s more, the company’s real estate arm, Nationwide Realty Investors, developed Gainey Ranch Corporate Center, where the company housed many of its employees. When the insurance giant outgrew its owned […]