Commercial Real Estate & Business News – October 4, 2016
Bass Pro to Acquire Cabela’s in $5.5 Billion Deal Bass Pro Shops has agreed to buy competitor Cabela’s Inc. for $65.60 a share in cash, valuing the deal at about $5.5 billion. Sidney, Neb.-based Cabela’s (NYSE: CAB) announced the deal Monday, ending a week of speculation about the outdoor sports retailers…» Whitestone Adding To Portfolio…Pays […]
Commercial Real Estate & Business News – October 3, 2016
Could Phoenix Become the Next Big Tech Hub? Everyone knows that San Francisco has boasted the most startup exits, launches, pivots, and success stories of any city in the world. Their stance as the biggest tech hub is never contested or even argued in any circle of knowledgable individuals. But the race for second […]
Commercial Real Estate & Business News – September 30, 2016
Holiday Sales to Increase 3.6%-4%, Smaller Niche Players Increase Share Total holiday sales will exceed $1 trillion this holiday (November through January), representing a 3.6% to 4% over last year, according to Deloitte’s annual retail holiday sales forecast. E-commerce sales are forecast to increase 17% to 19%, reaching $96 billion to $98 billion during […]
Commercial Real Estate & Business News – September 29, 2016
Retail Component For Pima Center Draws Plans Located on the Northwest Corner of the Loop 101 and Via de Ventura on the Salt River Pima Maricopa Indian Community, Pima Center is one of North Scottsdale’s largest and most successful mixed-use business parks with 1.4 million square feet already developed…» Outstanding CRE Debt Keeps Growing, Expected […]
Commercial Real Estate & Business News – September 28, 2016
East Valley Development Shows Results of Market Health Evidence of a healthy commercial real estate market can be seen throughout East Valley cities where economic development directors expect continued activity as a result of recent success stories and other big plans in the works. The cities of Chandler, Gilbert, Mesa, Scottsdale and Tempe share a […]
Commercial Real Estate & Business News – September 27, 2016
5 Trends Affecting Commercial Real Estate: Looking Ahead to 2017 The U.S. property market landscape in 2017 will be characterized by continued strong fundamentals, increased investor flows and high transaction volume. As for the economic landscape, the U.S. continues to grow moderately and add jobs. The U.S. employment gains continue to be strong, with unemployment […]