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 […]
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, […]