Commercial Real Estate & Business News – July 6, 2015
Americans Are on the Move — Again Americans are picking up and moving again as the recession fades, personal finances improve and housing markets recover. Counties in Nevada, Arizona, eastern California and Tennessee also saw some of the nation’s biggest growth in movers last year… Read more » Class B Offers Choice Investments Would you rather have […]
Commercial Real Estate & Business News – July 3, 2015
Apartment Owners Enjoy 5% Effective Rent Growth in 2Q Not only did the sector enjoy 5% annual effective rent growth in the second quarter, which was the highest jump logged in four years, but its 95.2% occupancy has only been seen once since the go-go tech years of 2001…Read more » Retailers Waiting for Lease Expirations to […]
Commercial Real Estate & Business News – July 2, 2015
Appetite for RE Assets is Strongest in Years The California Public Employees’ Retirement System announced plans this week to sell as much as $3 billion of its real estate investment holdings. It was just the latest of several major owners that have recently put up vast portfolios for sale. And Erik Foster, principal and practice […]
Commercial Real Estate & Business News – July 1, 2015
Office Market Is on a Slow Roll Increase in office space was strong in second quarter but a relatively modest expansion by historical standards. Employers took on 8.2 million square feet of additional office space in the second quarter, marking one of the stronger periods since the recession but a relatively modest expansion by historical […]
Commercial Real Estate & Business News – June 30, 2015
Economy Watch: Should We Be Optimistic About the Economy? There?s a fair amount of evidence now that the U.S. economy?s going to see a second-quarter rebound. For one thing?and it?s pretty much the bedrock of everything else?the economy?s been creating jobs robustly for two months now (the employment numbers for the third month of the […]
Commercial Real Estate & Business News – June 29, 2015
As Arizona Economy Grows, Other States’ Often Grow Faster Last week, the state reported its best-ever tourism numbers in 2014, including nearly $21 billion in spending. And the Arizona Super Bowl Host Committee estimated $720 million in spending related to the Pro Bowl and Feb. 1 Super Bowl, a record for football’s big game… Read more » […]