Commercial Real Estate & Business News – August 11, 2014
Low Rates Boost REITs, Commercial Real Estate Stocks As interest rates hover near recent lows, and investors search for anything with yield, commercial real estate is finding its footing yet again, outperforming the broader U.S. stock market. Stock exchange-listed U.S. equity real estate investment trusts were up 16.25 percent… Read more » Old Resort Site To Feature […]
Commercial Real Estate & Business News – August 8, 2014
JLB Partners Taking Over Apartment Project Planned On Scottsdale Road JLB Partners L.P. in Irving, Tex. (James Bosler, chairman) is now in the driver’s seat to develop an apartment project located near the southwest corner of Osborn and Scottsdale roads in Scottsdale. In February, BREW reported Transwestern of Houston, Tex… Read more » Sprouts to Open New Store […]
Commercial Real Estate & Business News – August 7, 2014
Millennials Driving Phoenix Multifamily Market, But A Drag On Housing Millennials and college students are very much driving the local multifamily marketplace as younger demographics are propelling new developments in Tempe, Scottsdale and central Phoenix. They are also driving landlords to put in more amenities and generally smaller units… Read more » Retail Sales Strong, Even As Pace […]
Commercial Real Estate & Business News – August 6, 2014
Spotting The Next Chipotle: 10 Restaurants To Watch In a fiercely competitive market, investors are constantly looking for the next big thing—the next Chipotle or Starbucks that will beat the restaurant odds. To spot these up and comers, predictive analytics company Czar Metrics sifted through data from Twitter, Foursquare, online review sites, Facebook and blogs […]
Commercial Real Estate & Business News – August 5, 2014
US Home Values Set to Moderate until 2018, according to Latest Expert Survey The pace of residential property price growth in the United States is set to slow this year and continue doing so into 2018, according to real estate experts. The result of the latest quarterly Zillow Home Price Expectations Survey, which takes into […]
Commercial Real Estate & Business News – August 4, 2014
Housing Recovery Bodes Well for Retail Sector The continued national housing recovery is having a positive effect on the retail sector, according to Peter Muoio, senior associate and economist with Auction.com. Muoio tells GlobeSt.com that the increased home sales lead to increased retail sales in a noticeable way… Read more » Market Trend: Phoenix Retail Vacancy Decreases to […]