Commercial Real Estate & Business News – April 19, 2017
Apartment Vacancy Rate “Wobbling,” But Not Rising Construction cranes crowd the skies over cities like New York and Los Angeles, as apartment developers build as many new units as they can. But strong demand for apartments continues to fill most new properties. …» Medical Device Firm to Open Distribution Center in West Phoenix Northfield, Illinois-based […]
Commercial Real Estate & Business News – April 18, 2017
Phoenix Considers $9M Tax Break for High-Rises Phoenix is weighing an estimated $9 million tax break for developers of a massive high-rise project near downtown’s Roosevelt Row, even as a lawsuit over a similar incentive has stalled construction on another residential tower nearby. …» Renters, Look for Deals Later this Year at Phoenix-Area Apartments Renters […]
Commercial Real Estate & Business News – April 17, 2017
Net Lease Retail Has Wind In Its Sails There’s a little bearishness mixed in with the bullish outlook for net lease retail, although it’s not due to any intrinsic weaknesses in the sector itself. Rather, it’s a byproduct of the same investor caution that has tempered investment sales across commercial real estate generally. “The post-election […]
Commercial Real Estate & Business News – April 14, 2017
Typically a Turtle, Industrial Could Be Real Estate’s New Hare Often deemed a relatively unexciting sector marked by incremental growth, the asset category is arguably the hottest in real estate, thanks to changing consumer and lifestyle trends. Traditionally seen as unexciting and featuring incremental growth, industrial has become arguably the hottest sector in real estate […]
Commercial Real Estate & Business News – April 13, 2017
Economy Watch: Small Business Optimism Still Strong Since last November, small business owners have been feeling confident about their prospects, which could lead them to take on more office and industrial space as they expand, according to the National Federation of Independent Business’ latest economic trends report…» Construction and Lending Boom Raises Federal Reserve Concerns […]
Commercial Real Estate & Business News – April 12, 2017
10 Projects, 2 Education Options, 900 Jobs Coming to Glendale, Other West Valley Cities West Valley mayors recently wrapped up the season for State of the City speeches. It was a time for city leaders to rave about their communities, share their visions for the future and, typical of the fast-growing West Valley, highlight major […]