Commercial Real Estate & Business News – May 15, 2014
Mesa, Phoenix Make List of Best Cities to Find a Job Phoenix ranks No. 14 and Mesa No. 9 on a new list of the Best Cities To Find a Job in the United States. WalletHub, a consumer advocacy group, analyzed the 60 largest cities in the U.S. and used 13 criteria for determining the […]
Commercial Real Estate & Business News – May 14, 2014
Can Phoenix be a Truly Global City? Phoenix charts global growth, but needs to improve workforce, education, image. Phoenix Mayor Greg Stanton and Greater Phoenix Economic Council CEO Barry Broome have some ambitious plans to grow exports and put the region on the global economic stage… Read more Arizonans’ Consumer Confidence on the Rise Arizona […]
Commercial Real Estate & Business News – May 13, 2014
FedEx Bringing Huge Distribution Facility to Chandler Air Park With the Price Corridor working its way toward construction build out, Chandler has turned some of its attention to the Chandler Air Park and recently lured in a big fish. FedEx Ground on Wednesday broke ground on a 302,000-square-foot package distribution center on the south side […]
Commercial Real Estate & Business News – May 12, 2014
Fundamentally Speaking: Encouraging Signs in Apartment, Office Sectors The apartment sector witnessed another decline in vacancy rates in the first quarter, reaching a new low for the cycle. The office sector also saw some improvement in vacancy rates, although rates are still several percentage points above what would be considered “normal” in a healthy market, […]
Commercial Real Estate & Business News – May 9, 2014
Big-Box Sector Shows Big Improvement Oh, what a difference a few years make, at least when it comes to big-box retailing. Due to the recession and a dearth of financing for troubled retailers, empty big boxes were a significant problem for landlords five years ago. That’s certainly not the case today. High quality big-box space […]
Commercial Real Estate & Business News – May 8, 2014
CRE Bank Lending Increases; Terms Ease in Q1 US banks stepped up their commercial real estate loan lending in the first quarter while easing terms, according to the April 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices. On balance, the Fed reported, banks eased their lending policies for commercial and industrial and commercial […]