Commercial Real Estate & Business News – July 13, 2017
Report Shows Uptick in Phoenix-Area Hires by Big Companies this Year PHOENIX – Big companies hired more people in the Phoenix area during the first half of 2017 than the same time period last year, a report released Monday said. Commercial real estate firm CRBE said it tracked 49 Phoenix hiring announcements during the first six months […]
Commercial Real Estate & Business News – July 12, 2017
US Office Market Rebounds In Second Quarter Nashville has had the nation’s most dynamic office market, and illustrates how secondary cities have become so important. CHICAGO-Tenants within the US office sector became a bit cautious during the winter, but leasing activity rebounded strongly in the second quarter, according to a new report fromCushman & Wakefield. […]
Commercial Real Estate & Business News – July 11, 2017
Cap Rates Drop as Competition for Medical Office Buildings Heats Up When Physicians Realty Trust announced a purchase of 18 medical office facilities located in eight states for about $735 million last month, the Milwaukee-based REIT didn’t just sweep up prime properties. It won a round in the business of investing in medical office buildings […]
Commercial Real Estate & Business News – July 10, 2017
Job Growth Surged in June The U.S. labor market rebounded in June, new government data showed Friday, as employers surpassed the expectations of most economists by adding 222,000 jobs. The unemployment rate ticked up to 4.4 percent, from 4.3 percent in May, but it did so for a good reason…» Big-Boxes Still Kicking: 200K SF Coming […]
Commercial Real Estate & Business News – July 7, 2017
Transitional Lending: The Sweet Spot in Commercial Real Estate Investing As the transitional market grow, we believe that a strategy focused on debt will enable investors to take advantage of the inherent mispricing of risk. While the U.S. commercial real estate market in aggregate has recovered from the depths of the 2008-09 recession, reaching new […]
Commercial Real Estate & Business News – July 6, 2017
Looking Back (and Forward) at $4.8 Billion Worth of Downtown Phoenix Investment Over the last couple decades and especially in the last five years, a combination of factors, investments and new developments have aided in the revitalization of Downtown Phoenix and its continued resurgence into the future, which fosters a live-work-play environment unlike any other […]