Commercial Real Estate & Business News – July 2, 2014
How Does Phoenix Rank for Small-Business Friendliness? Better Than You May Think When it comes to friendliness toward small businesses, Phoenix has earned a solid B. That’s according to a new survey that sought to measure the country’s most business-friendly cities… Read more Mesa Riverview Developments Continue with Office Park Mesa’s Riverview district is getting […]
Commercial Real Estate & Business News – July 1, 2014
MF Posts Best Quarter in More Than a Decade For both occupancy and effective rent growth, the second quarter was the strongest that the multifamily sector has seen more than 13 years, according to Axiometrics data obtained EXCLUSIVELY by GlobeSt.com. The apartment and data research firm says both metrics exceeded expectations, with occupancy reaching levels […]
Commercial Real Estate & Business News – June 30, 2014
Phoenix Still Sixth-Largest City in U.S.; Officials Say Population Undercounted The latest U.S. census numbers show Phoenix remains the country’s sixth-largest city, despite speculation that it might overcome Philadelphia for that fifth-most populous spot. Although numbers don’t lie, some local leaders say the census figures don’t provide the full picture, either. They believe Phoenix’s population […]
Commercial Real Estate & Business News – June 27, 2014
Reputation.com Opening Tempe Office, Could Hire 150 Reputation.com, a web service that scours the Internet for references to people and businesses, has leased Tempe office space and intends to hire up to 150 people by 2015. The website will occupy 20,000 square feet in the previously vacant Anasazi Office Building on East Guadalupe Road for […]
Commercial Real Estate & Business News – June 26, 2014
Crowdfunding Makes Mark in Phoenix 7th Gate Center, a 43,426 square foot mixed-use project located at 1601 N. 7th Street in Phoenix, closed for $5 million. Braxton Glass, vice president of ORION Investment Real Estate in Scottsdale, facilitated the transaction purchased by Cole Valley Partners, a boutique commercial real estate investment firm based in San […]
Recap – Summer Doldrums or the new normal? ASU Real Estate Council Breakfast Meeting
I attended the ASU Real Estate Council hosted event yesterday that Mark Strapp moderated. Pete Bolton at NGKF and Chris Toci at Cushman & Wakefield were the panelists. Here are some interesting points that I walked away with: Apartments/Single Family Market: -There are approx. 240,000 single family rental (SFR) homes in the metro – estimated […]