Commercial Real Estate & Business News – March 12, 2025
Long-dead downtown Mesa site approaches a resurrection A proposal to bring 1,000 residential units and up to 50,000 square feet of retail to city-owned land in downtown Mesa will likely get the council’s green light. The 25-acre site on the southwest corner of Mesa and University drives has sat dormant for decades after numerous failed…» […]
Commercial Real Estate & Business News – March 11, 2025
TSMC will Invest an Additional $100 Billion in Arizona, add 3 Facilities Following a meeting at the White House today, President Trump and TSMC Chairman and CEO C.C. Wei announced a historic expansion of TSMC’s advanced semiconductor operations in Arizona. TSMC will invest at least an additional $100 billion to build three additional semiconductor fabs […]
Commercial Real Estate & Business News – March 10, 2025
Target, Dick’s Sporting Goods to anchor Mesa mixed-use development Mesa’s latest major retail development is quickly coming together. Medina Station, a 64.5-acre mixed-use development, will break ground next week with two major national retail anchor tenants in the fold. Medina Station developer SimonCRE on March 5 announced Dick’s Sporting Goods…» How Joann’s bankruptcy impacts the […]
Commercial Real Estate & Business News – March 7, 2025
CRE Sales Reveal Mixed Trends as Portfolio Deals Plummet The real estate market kicked off the new year with a complex landscape, revealing both challenges and opportunities across various sectors, according to a Colliers’ analysis of MSCI data. January’s data paints a picture of shifting dynamics, with some segments experiencing growth while…» US has now […]
Commercial Real Estate & Business News – March 6, 2025
Those Negative Economic Indicators May Not Be So Alarming Fears that the economy might be slowing, or even headed for a recession, have been fueled by several newly released statistics and indicators over the past week. One shocker was the Federal Reserve Bank of Atlanta’s GDP forecast for the first quarter which predicts economic growth […]
Commercial Real Estate & Business News – March 5, 2025
How key Valley projects will benefit from TSMC’s $165 billion investment All eyes are on Arizona following Taiwan Semiconductor Manufacturing Co.’s groundbreaking multibillion-dollar announcement on Monday. The semiconductor manufacturer unveiled plans on March 3 to build three additional fabs, two advanced packaging centers and…» CRE Boosts US Economy With $2.5T GDP Impact New commercial real […]