Commercial Real Estate & Business News – October 15, 2014
Great Hearts Sets for New Chandler, Goodyear Campuses Two school campuses for grades K-12 – in south Chandler and Goodyear – will be built by Great Hearts Academies in time for the 2015 school year. Great Hearts CFO Ward Huseth said ground-breaking is expected in late October with completion due by July. The project manager […]
Commercial Real Estate & Business News – October 14, 2014
Chicago Developer To Build Phoenix’s Tallest Residential High-Rise Phoenix has selected a Chicago developer to build the city’s largest and tallest residential high-rise in downtown, a 34-story glass tower that will change the city’s skyline. Plans for the massive development, known as Phoenix Central Station, include about 475 apartments, 30,000 square feet of commercial space […]
Commercial Real Estate & Business News – October 13, 2014
Phoenix Commercial Real Estate In Recovery It’s shaky, but improving. Experts say the Phoenix-area commercial real estate market is now officially in a slow recovery mode. A full 100 percent of the real estate brokers participating in a quarterly survey by the W. P. Carey School of Business at Arizona State University indicate they feel […]
Commercial Real Estate & Business News – October 9, 2014
Calpers Reboots Its Real-Estate Ambitions As it pulls the plug on hedge funds, the country?s biggest public pension is giving its property portfolio a $7 billion jolt. The California Public Employees? Retirement System plans to increase its $26 billion of commercial real-estate investments by 27%, according to its latest asset-allocation report. The boost would leave […]
Commercial Real Estate & Business News – October 8, 2014
Forecast: Valley Commercial Real Estate To Improve Slowly In 2015 The Valley’s commercial real estate market will continue to improve slowly in 2015 with promising growth in residential rental housing, an Arizona State University real estate professor said. “We don’t see big changes in 2015 at all,” Mark Stapp with ASU’s Center for Real Estate […]
Commercial Real Estate & Business News – October 7, 2014
Groundbreaking for Courtyard by Marriott Sunridge Hotel Group broke ground on a Courtyard by Marriott hotel that will be located adjacent to Phoenix-Mesa Gateway Airport. “Courtyard by Marriott is a great addition to the Gateway area and another sign of the growing success of southeast Mesa,” Mesa Mayor, and Airport Authority Board member John Giles […]