Commercial Real Estate & Business News – December 6, 2016
Developer Announces Expansion at Scottsdale Fashion Square The owner and operator of Scottsdale Fashion Square on Monday announced plans to renovate the mall’s luxury wing anchored by Neiman Marcus and add residences, office space and a new hotel to the facility near downtown Scottsdale. …» SimonCRE Sells Five Guys, Dunkin Donuts Center for $520 per […]
Commercial Real Estate & Business News – December 5, 2016
Jobs Report Signals December Rate Hike An increase in short-term interest rates looks increasingly likely when the Federal Reserve convenes on Dec. 13 and 14, following the latest national employment report from the US Department of Labor’s Bureau of Labor Statistics. November’s job numbers for non-farm payrolls brought the unemployment rate down 0.3 percentage points […]
Commercial Real Estate & Business News – December 2, 2016
Pricing Recovery Expands From Core Assets US commercial property values rose broadly in October, notwithstanding a flattening in the top tier of the market, CoStar Group said Wednesday afternoon. Data from this month’s CoStar Commercial Repeat Sale Indices also indicate that although January-to-October transaction volume was off 2.5% from the year-ago period…» Raytheon to Add […]
Commercial Real Estate & Business News – December 1, 2016
Phoenix Projected as Number One US Housing Market for 2017 Phoenix is projected as the top housing market in the country for next year, according to a new forecast report by Realtor.com. The real estate group expects Phoenix housing to see price gains of 5.9 percent and sales growth of 7.2 percent.…» Health-Care Giant McKesson […]
Commercial Real Estate & Business News – November 30, 2016
Consumer Confidence Surges to 9-year High Consumer confidence soared to a nine-year high in November despite Donald Trump’s upset victory in the presidential election, which was expected to intensify political uncertainty and roil markets. A closely watched index of Americans’ outlook increased…» Arizona Wins 2,000-Worker, $700M Auto Plant in Casa Grande Casa Grande in Pinal […]
Commercial Real Estate & Business News – November 29, 2016
Bargain Hunters Roil Retailers Looking for Black Friday Lift Thrifty U.S. consumers carefully picked over Black Friday discounts during the four-day weekend, leaving retailers with less money in their registers and a lukewarm kickoff to the holiday season. Though the number of shoppers grew over the weekend, the average amount they spent fell 3.5 percent […]