Commercial Real Estate & Business News – November 26, 2014
Market Trend: Phoenix Retail Deliveries, Construction and Inventory During the third quarter 2014, nine retail buildings totaling 88,382 square feet were completed in the Phoenix market. Over the past four quarters, a total of 689,281 square feet of retail space has been built in Phoenix…Read more » Wood Partners Buys Land for 220-Unit Apartment Complex in Downtown […]
Commercial Real Estate & Business News – November 25, 2014
Commercial Real Estate Demand is Holding Steady Despite Overseas Concerns Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of Realtors® quarterly commercial real estate forecast… Read more » Multifamily Showdown: Buyers Battle and Sellers Win as Investors Fight for Apartment […]
Commercial Real Estate & Business News – November 24, 2014
Commercial Real Estate Is Now a Market of the Haves and Have Nots The rebounding real estate market isn?t treating all commercial property owners equally. Properties like apartment buildings and downtown office buildings have recovered all the value they lost during the bust and then some. But other types of properties, like suburban office buildings, […]
Commercial Real Estate & Business News – November 21, 2014
Arizona Adds 29,000 October Jobs; Unemployment Drops to 6.8% Arizona’s private sector added 28,500 jobs in October over September – nearly double the typical October over the last 10 years, and 62 percent more than the post-recession job gains for the month. The state’s unemployment rate dropped to 6.8 percent, down 1 percent from October […]
Commercial Real Estate & Business News – November 20, 2014
Prices, Trading Volume for Commercial Property Continue Yearlong Rebound In Third Quarter Retail Joins Party as Pricing Trends Hold Steady for All Property Types from Year Ago: With the accelerating recovery in retail real estate taking center stage, U.S. commercial property saw price gains and increasing sales in both the high and low ends of […]
Commercial Real Estate & Business News – November 19, 2014
This Could Be The Biggest Holiday Shopping Season America Has Ever Seen Deutsche Bank’s Torsten Slok thinks this could be the best ever holiday season for retail sales. Sloks points to recent labor market data. Because hiring for the holiday season is generally done in October, it can be a good way to predict how […]