Commercial Real Estate & Business News 4-30-2025
Momentum Builds in CRE Lending With $498B in Transactions The commercial real estate market in 2024 saw a notable resurgence in lending and borrowing activity, with $498 billion in transactions – an increase of 16% from the $429 billion recorded in 2023, according to the Mortgage Bankers Association. While these figures reflect 2024’s performance, the […]
Commercial Real Estate & Business News 4-29-2025
A Strong Quarter is Overshadowed by Tariff Uncertainty The uncertainty surrounding tariffs has started to ripple through the commercial real estate sector, reaching even one of the largest players in the industry, CBRE. In its most recent earnings release, CBRE acknowledged that tariffs were casting a shadow over its outlook, making the future “less clear” […]
Commercial Real Estate & Business News 4-28-2025
Here’s how Phoenix office asking rents compare with U.S. Western office markets faced mounting challenges in December 2024, with San Francisco standing out. The city saw record-high vacancy rates of 28.8% driven by a wave of lease expirations and declining demand. These pressures have also weighed heavily on office asking rents and construction…» Sprouts Farmers […]
Commercial Real Estate & Business News 4-25-2025
TSMC’s $165B Phoenix campus fuels industrial demand in Northwest Valley As goes TSMC, so goes Phoenix’s industrial real estate market. Suppliers continue to gravitate to the Valley, angling to position themselves in the orbit of TSMC’s ever-growing, $165 billion campus in North Phoenix. And while more industrial supply is set to come online in north […]
Commercial Real Estate & Business News – April 23, 2025
Downtown Phoenix $117 million apartment project to preserve historic building A planned $117-million development in the southern part of downtown Phoenix will include restoring a historic building and reusing it as commercial space. Colorado-based developer Aardex received approval from the Phoenix City Council in early April to develop a 14-story, 262-unit apartment complex on about […]
Commercial Real Estate & Business News – April 22, 2025
3 East Valley projects are being built. Here’s where and what Big-name commercial retailers are landing across the East Valley, with some set to start construction in 2025. Developers are eyeing far east Mesa as the next place for major development, including one of its largest commercial projects set to open in 2026. Tempe Marketplace […]
