Commercial Real Estate & Business News – September 8, 2014
Strong Economic Growth In The US Set To Boost Commercial Real Estate Sectors The strong rebound in economic growth in the United States during the second quarter of this year and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, it is claimed.According to the latest commercial […]
Commercial Real Estate & Business News – September 5, 2014
Foreign Capital Continues Mounting in US; More Money Moving into Secondary Markets and Product Types An abundance of foreign private equity capital continues to stream into U.S. commercial real estate, both in top tier and secondary markets, with new funds and new purchases continuing to show up weekly. Late last monthj, LaSalle Investment Management, a […]
Commercial Real Estate & Business News – September 4, 2014
AP Source: Tesla Selects Nevada For Battery Plant Tesla Motors has chosen Nevada as the site for a massive, $5 billion factory that will pump out batteries for a new generation of electric cars, a person familiar with the company’s plans said Wednesday. The person, who spoke on condition of anonymity because no official announcement […]
Commercial Real Estate & Business News – September 3, 2014
America?s 10 Fastest-Growing Retailers After the recession, retailers are growing once again and, increasingly, moving online. In the first quarter of 2014, retail sales were 2.4% higher than the same time the year before, largely helped by a 15% jump in e-commerce sales. Online retail is increasingly accounting for more of America?s shopping. Yet not […]
Commercial Real Estate & Business News – September 2, 2014
Western Multifamily Permits Climb in July Western multifamily building permits echoed increases in overall residential permitting and climbed 27.7 percent in July over June. The increase to 106K permits topped last year?s 104K, and halts a three-month skid… Read more » The New American Dream Is Living in a City, Not Owning a House in the Suburbs […]
Commercial Real Estate & Business News – September 1, 2014
HAPPY LABOR DAY! Smithfield Properties Wins 483KSF, $72.3M Central Station in Phoenix Smithfield Properties is being proposed as the winner of the Phoenix Central Station project. The project appears to be an “air-rights” development over the Central Avenue-Van Buren Street intermodal transit center, which is to be transformed into a 476-unit residential tower attached to […]