Commercial Real Estate & Business News – March 31, 2014
W.P. Carey Spends $43.1 Million For Chandler Building Leased To QBE Insurance W.P. Carey Inc. in New York City, N.Y. (NYSE:WPC) has expanded its holdings in the Valley by spending $43.1 million ($235.52 per foot) to acquire a 183,000-square-foot office property at 2700 W. Frye Road in Chandler. The seller was HR Frye LLC, a […]
Commercial Real Estate & Business News – March 28, 2014
Target’s Closure Likely Ends Major Retail At Chandler Mall Visitors once could get their hair styled, pick up paintball accessories, buy furniture or even get a new friend at a store that sold exotic birds at East Valley Mall. At the heart of it all, driving traffic to the strip center on the northwestern corner […]
Commercial Real Estate & Business News – March 27, 2014
Loop 303 Drives Housing Development In Northwest Valley Loop 303 will open up the West Valley for a new generation of housing. The highway connects Interstate 10 near Cotton Lane in the south to I-17 about 2 miles south of Carefree Highway in the north. Crews are finishing the southernmost interchange. Because of this, new […]
Commercial Real Estate & Business News – March 26, 2014
Renovations At Busy Uptown Plaza In Phoenix Could Push Out Small Retailers A major face-lift is planned for Uptown Plaza, the AJ’s Fine Foods-anchored shopping center in central Phoenix at the bustling intersection of Camelback Road and Central Ave. But some mom-and-pop shops that make up the majority of the Plaza’s tenant mix fear they’re […]
Commercial Real Estate & Business News – March 25, 2014
7 Bold Commercial Real Estate Predictions Conjuring the future of commercial real estate begins by conjuring our future. How will we work, live, shop or do business? Perhaps no other investment sector is so closely tied to people’s most fundamental needs and behaviors; its evolution, to a large extent, follows ours… Read more Florida Homebuilder […]
Commercial Real Estate & Business News – March 24, 2014
As Phoenix Suburban Office Markets Recover, Skyline Poised to Follow “Game on” seems to be the sentiment of Phoenix office tenants as they continue to bounce back from the recession, albeit with smaller work spaces that must achieve greater efficiencies with a reduced footprint. Suburban office markets – primarily in Tempe, Chandler and the Camelback […]