Commercial Real Estate & Business News – July 21, 2017
Scottsdale Quarter RETAIL Lifestyle Centers Positioned to Help Landlords Weather Industry Upheavals Successful projects like The Grove in Los Angeles or Scottsdale Quarter in Scottsdale can do as much as $800 or $900 in average sales per sq. ft. The Hanover Mall in Massachusetts represents a Boston retail market enjoying a surge of economic growth. […]
Commercial Real Estate & Business News – July 17, 2017
Developer Wants to Build 15-Story Downtown Mesa Apartments, Hotel One of the pioneers who helped reinvigorate downtown Phoenix nearly a decade ago with a risky condo project wants to take another risk – this time in downtown Mesa. Habitat Metro – known for Portland Place Condominiums…» Attacking The Affordability Crisis There’s a downside to the […]
Commercial Real Estate & Business News – July 14, 2017
CRE Industry Turns Up Heat on Congress to Retain Like-Kind Exchanges, Interest Deductibility While health-care reform and the investigation into Russian meddling in the U.S. election took center stage as Congress returned this week from the July 4th recess, Republican lawmakers are also quietly trying to jumpstart discussions on tax reform, including the proposed elimination […]
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 […]