Commercial Real Estate & Business News – May 30, 2014
The Housing Bust And The American Psyche Real estate mania lives on at the HGTV cable channel, where house shoppers still holler for granite on their kitchen islands and his-and-her sinks in their en suite bathrooms. But in the non-TV reality of middle-class America, the bloom is definitely off the real estate rose. The rose […]
Commercial Real Estate & Business News – May 28, 2014
Led By Multifamily, Improvement Seen in All Commercial Real Estate Sectors The outlook for all of the major commercial real estate sectors is slightly improving despite disappointing economic growth during the first quarter of 2014, according to the National Association of Realtors quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, said the sluggish […]
Commercial Real Estate & Business News – May 27, 2014
Apartments Proposed Next to Gilbert Town Hall A 14-acre dirt lot between Gilbert Town Hall and the new Banner Health Center has been targeted for a 256-unit apartment complex, but the developer faces an uphill battle to get the project approved. Phoenix-based Alliance Residential recently submitted architectural plans… Read more Downtown Developments: $2M Face Lift […]
Commercial Real Estate & Business News – May 23, 2014
Camelback Corridor Office Complex Sells for $85 Million The $85 million deal for the Anchor Centre is the priciest Valley office sale in at least two years. KBS Realty Advisors of Newport Beach, Calif., purchased the property from Angelo, Gordon & Co. of New York and David Warren of Phoenix-based DW Capital Partners… Read more […]
Commercial Real Estate & Business News – May 22, 2014
Retailers at RECon are Hungry for Space to Grow There is nothing more attractive to a shopping-center owner than a retailer with ambitious expansion plans, and plenty of chains are exhibiting and cruising the floor at RECon this year on a hunt more store space… Read more El Con Sale Official at $81.7 Million El […]
Commercial Real Estate & Business News – May 16, 2014
Expectations Run High for RECon 2014, Focus Switches to Global Marketplace After five years of heading to the annual retail real estate convention in Las Vegas feeling “cautiously optimistic,” industry members are finally attending the 2014 RECon show with untempered optimism. Leasing and investment sales professionals expect to see record performance and a renewed interest […]