Commercial Real Estate & Business News – November 29, 2024
2024 Q3 Analysis and Forecasting 2025 The latest Mueller market cycle reports offers an in-depth look at national trends across key property types, highlighting gradual shifts in occupancy and rent growth as economic pressures persist. Take advantage of your member benefits with exclusive access to the Mueller reports. Read more… Developer plans apartments at […]
Commercial Real Estate & Business News – November 27, 2024
Downtown Phoenix building trades hands in auction The historic Heard Building in downtown Phoenix — notable for its Mexican grizzly bear mural — is in the hands of a new owner. The eight-story office high rise went up for auction on Nov. 26 after the lender, SMS Financial VW LLC, filed a notice of trustee sale […]
Commercial Real Estate & Business News – November 21, 2024
Mayo Clinic unveils fresh details about Discovery Oasis biotech campus Mayo Clinic is in talks with companies from all over the world that could locate their operations in its planned 120-acre biotech innovation hub. While it’s too early to reveal the names of the first companies planning to call Mayo’s Discovery Oasis campus home, the […]
Commercial Real Estate & Business News – November 20, 2024
Phoenix inflation rate rose slower than rest of country in October Inflation in metro Phoenix continues to rise at a slower pace than inflation nationally, with prices here up 1.6% over the past 12 months through October. That figure, reported by the Bureau of Labor Statistics, compares with a 2.6% U.S. inflation rate, also for […]
Commercial Real Estate & Business News – November 19, 2024
Phoenix inflation rate rose slower than rest of country in October Inflation in metro Phoenix continues to rise at a slower pace than inflation nationally, with prices here up 1.6% over the past 12 months through October. That figure, reported by the Bureau of Labor Statistics, compares with a 2.6% U.S. inflation rate, also for […]
Commercial Real Estate & Business News – November 18, 2024
White House finalizes TSMC’s mega-billions CHIPS Act grant The White House has finalized an agreement to award a $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. and plans to disburse $1 billion to the chipmaker by the end of the year to support its Arizona factory site. The U.S. Department of Commerce on […]