Commercial Real Estate & Business News – December 8, 2014
Arizona to See Better Growth in 2015, Experts Say Economists think 2015 will bring a better year for the state in job and population growth. The economic recovery will remain slow by Arizona’s historical standards, but an improved national economy is expected to help lift the state’s near-term fortunes, said Lee McPheters, director of the […]
Commercial Real Estate & Business News – December 5, 2014
Principal Real Estate Investors Releases 2015 U.S. Commercial Real Estate Outlook One of the largest institutional real estate managers in the United States, released its annual strategy outlook for commercial real estate. The report details the key themes expected to drive the U.S. commercial real estate market in 2015, including stronger economic growth in the […]
Commercial Real Estate & Business News – December 4, 2014
Bob Parsons Adds To Commercial Real Estate Holdings In Tempe With $28.55 Million Deal In four deals completed during the past year, GoDaddy.com founder Bob Parsons has invested just under $100 million to purchase almost 375,000 sq. ft. of highly coveted office and retail properties in the red hot market near Arizona State University in […]
Commercial Real Estate & Business News – December 3, 2014
What?s Next at the Esplanade? The Esplanade has announced that this premier mixed-use development will undergo renovations to the ground plane and retail space with work slated to begin in first quarter 2015. Renovation plans currently include strategies to open up the three main entry points to the retail portions of the property to make […]
Commercial Real Estate & Business News – December 2, 2014
Tempe Hayden Flour Mill To Be Hotel, Outdoor Theater And Dining Center In just a couple of years, the long-standing Hayden Flour Mill is going to have a new look and new buildings. Thus is the vision of the development team planning to adapt the historic icon and gateway eyesore into a vibrant urban development […]
Commercial Real Estate & Business News – December 1, 2014
CMBS Maturity Wave Six years ago marked the beginning of the global economic crisis. Since that time lenders have been working at a rapid pace to resolve distressed loans that were coming into delinquency at record rates. Today, the economy has returned to more stable ground with major financial indices reporting at levels that are […]