Commercial Real Estate & Business News – April 23, 2014
Phoenix Retail Market Goes From Bleak to Bright When the recession was in full swing, one of the markets that took the biggest hit was Phoenix. Residential and commercial real estate were overbuilt in the market, and the retail sector became a casualty. That’s all changing now, as retailers are starting to expand into the […]
Commercial Real Estate & Business News – April 22, 2014
Changing Market Creates New Challenges For Corporate Real Estate Advisers As the global marketplace evolves faster than ever before, corporations are viewing their real estate holdings as an increasingly important factor in their profitability and strategic growth. Many directors and managers who advise corporations on their real estate decisions are experiencing this shift… Read more […]
Commercial Real Estate & Business News – April 21, 2014
Arizona’s Construction Sector Shows Modest Job Gains In March Arizona construction industry employment ticked up by 2.5 percent year-over-year in March, accounting for 3,100 jobs gained during the period, according to a Associated General Contractors of America report released today. Arizona ranked just 26th in the nation for construction sector job growth… Read more GE […]
Commercial Real Estate & Business News – April 18, 2014
Hayden Ferry III Commences Construction Construction is under way on Hayden Ferry III, a 261,000 square foot, Class A development in the Tempe submarket of Phoenix. Hayden Ferry III will be the final phase in Parkway Property’s 780,000 square foot master planned office community. The 10-story property will be located along the south shore of […]
Commercial Real Estate & Business News – April 17, 2014
Price Momentum Continues to Build for Commercial Real Estate Based on an analysis of 1,028 repeat sales in February 2014 and more than 125,000 repeat sales since 1996, the CCRSI found commercial real estate prices registered broad gains during that month. The two broadest measures of aggregate pricing for commercial properties within the CCRSI-the value-weighted […]
Commercial Real Estate & Business News – April 16, 2014
?Who Will Win the Battle for the Millennial Grocery Shopper? When it comes to the grocery discount battle, Walmart remains the king. With 55 percent of Walmart’s annual revenue coming from grocery sales, the brand is the biggest grocer in the U.S. Many mistakenly assume that Target would be chief among millennials when it comes […]