Commercial Real Estate & Business News – February 11, 2016
High-Rise Towers Coming to Scottsdale Fashion Square Already one of the nation’s largest and most-profitable shopping malls, Scottsdale Fashion Square could evolve into an urban center with high-rise apartments, offices and hotels, according to plans recently announced by mall owner Macerich. The Santa Monica, Calif.-based company, which owns 13 shopping centers in Arizona and dozens […]
Commercial Real Estate & Business News – February 10, 2016
Arizona Saw its Share of Millionaires Rise in Past Year Arizona saw its share of millionaires climb by almost 5,000, according to Phoenix Marketing International. The Rhineback, New York-based firm recently released its 2015 edition of the Phoenix Global Wealth Monitor, which tracks the well-heeled across the country. Here’s where they live across the state… […]
Commercial Real Estate & Business News – February 9, 2016
Arizona Technology Industry Looking to Grow Arizona has a unique — and somewhat successful — technology and startup scene. Scottsdale was named in December as one of the best cities to launch a startup, outside of Silicon Valley and New York, by DataFox, a San Francisco-based deal-sourcing and research platform. Companies such as GoDaddy Inc., […]
Commercial Real Estate & Business News – February 8, 2016
Higher Rents Pushing More People to Purchase Homes Higher rents are leading more people into the housing market, according to a Redfin survey reported by the company’s data analyst Taylor Marr. In November, 21% of respondents cited high rent as their top reason for house hunting, which is up from 13% in July… Read more » US […]
Commercial Real Estate & Business News – February 5, 2016
Mesa Mayor, ASU Confirm Plans For New Satellite Campus Mesa Mayor John Giles formally announced ASU’s plans to open a satellite campus downtown, plus four other big developments during his State of the City address Thursday. “(ASU and Mesa) are two things that were made for each other,” Giles said at his packed 2016 State […]
Commercial Real Estate & Business News – February 4, 2016
Despite Volatility on Wall Street, Commercial Real Estate’s Performance Continues to Shine The U.S. economy and the stock market are sending opposite messages to the commercial real estate community, causing many industry professionals to scratch their heads. On the one hand, the leading economic indicators are solid. Monthly gains in nonfarm payroll employment averaged 280,000 […]