Commercial Real Estate & Business News – July 8, 2014
Strong Quarter, Strong Outlook for Apartments Life is good for apartment investors: rents are high, vacancies are low and the outlook for the future looks very, very strong, according to second quarter reports from real estate research firms. Average apartment rents are growing very quickly. Asking rents grew 0.8 percent in the second quarter and […]
Commercial Real Estate & Business News – July 7, 2014
Where Cities Are Growing Faster Than Their Suburbs In 19 of the 51 largest U.S. metros, the city grew faster than the suburbs last year — even sprawling Sunbelt growth corridors like Phoenix, Orlando, and San Antonio. All of these metros experienced faster growth in their primary cities than the San Francisco, Boston, or New […]
Commercial Real Estate & Business News – July 3, 2014
The Top 10 US Metros Beating Expectations for Job Growth; Phoenix Cracks the List New research from CareerBuilder and Economic Modeling Specialists looked at the total job growth across industries for each of the 50 most populous U.S. metros from 2010 to 2013. Each metro’s actual job growth was compared to what would have been […]
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 […]