Commercial Update – Phoenix
IRR (Integra Realty Resources) just released their 2018 Viewpoint report. They always provide a great high level of the general markets in which they analyze. It is a very helpful for investors to get a quick gauge on the overall cycle in which each product type is currently in. Here are the charts from the […]
Commercial Real Estate & Business News August 2, 2018
Federal Reserve Keeps Interest Rates Unchanged The Federal Reserve is holding interest rates steady, for now. The unanimous statement by policy makers under Fed Chairman Jerome Powell came at end of a two-day meeting in Washington. The decision had been expected, and the Fed indicated little deviation from its current plans to raise rates at […]
Commercial Real Estate & Business News August 1, 2018
Graycor Raises Massive Panels at TEN Distribution Center Graycor Construction Company has completed the first of three “Panel Lifts” at TEN Distribution Center 1, providing an initial glimpse at the size and scope of building one at Irwin G. Pasternack AIA + Associates PC’s planned $300 million, 3.6 million-square-foot industrial park in Phoenix, Arizona. The […]
Commercial Real Estate & Business News July 31, 2018
Understanding the Cityscape: 8 Key Trends in Urban Neighborhoods As common as it is to consider urban and suburban environments opposites in terms of density, development, and culture, it’s neither helpful nor accurate to define all urban locations by their high-population downtowns or all suburbs as strictly single-family residential. So concludes The New Geography of […]
Commercial Real Estate & Business News July 30, 2018
How the US Economy is Doing Now in Four Charts While he was on the campaign trail, President Donald Trump promised to grow the country’s economy by more than 4% per year, a rate not seen since the mid-2000s. On Friday, his prediction came true. The government reported that gross domestic product grew at a 4.1% […]
Commercial Real Estate & Business News July 27, 2018
Phoenix Retail Space Absorption up 10% Over 2017 Net absorption of retail space in Greater Phoenix surpassed 500,000 square feet for the second quarter in a row, which signaled continued improvement for the market. Limited construction of new space and tightening vacancy forced rental rates up during the last three months. “The limited addition of […]