Commercial Real Estate & Business News – September 28, 2017
Economy Watch: Most Metros Enjoyed Growth in ’16 Real gross domestic product increased in 267 out of the 382 U.S. metropolitan areas in 2016, according to a recent Bureau of Economic Analysis report. Within the metros, there was some variation…» Perspective For The Grocery Wars: Shoppers Crave Experience Amazon’s acquisition of Whole Foods Market is […]
Commercial Real Estate & Business News – September 27, 2017
Yellen: Fed May Have ‘Misjudged’ Inflation, Keeping Rates Lower Federal Reserve Chair Janet Yellen conceded Tuesday that inflation may be weaker than Fed officials have anticipated, a development that could lead to a more gradual rise in interest rates. While several Fed policymakers have raised that possibility, Yellen’s remarks represent her most detailed and explicit acknowledgment that […]
Commercial Real Estate & Business News – September 26, 2017
Aldi Is Heating Up The Competition Against Whole Foods, Walmart Discount grocery chain Aldi has plans to aggressively expand its presence in the U.S. grocery sector. To compete with brands like Whole Foods following its Amazon acquisition, Aldi plans to cut costs exponentially by lowering prices as well as the selection of food offered in […]
Commercial Real Estate & Business News – September 25, 2017
Commercial Real Estate Outlook Remains Strong Commercial real estate price growth in large markets is expected to flatten over the next year, but strong leasing demand and investor appetite in smaller markets should keep the sector on solid ground, according to the latest National Association of Realtors quarterly commercial real estate forecast…» Mortgage Market, REITs […]
Commercial Real Estate & Business News – September 22, 2017
Demand on the Rise in Phoenix At midyear, Phoenix’s office inventory totaled 108 million square feet. Transaction volume for the 12 months ending in July totaled $1.2 billion, corresponding to the more than 11 million square feet that changed ownership. All in all, the Valley of the Sun’s office market has lately been a shining […]
Commercial Real Estate & Business News – September 21, 2017
Kohl’s Wants Your Amazon Returns, And Your Impulse Buy Rather than compete with Amazon, Kohl’s is welcoming a partnership with the tech giant with open arms. After announcing earlier this summer that Kohl’s would be selling select Amazon devices at 10 of its stores, the department store chain said Tuesday it will also start accepting Amazon.com returns […]