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 […]
Commercial Real Estate & Business News – March 21, 2014
Stress Test Shows 29 of 30 Banks Meet or Top Capital Target The Federal Reserve’s annual stress tests found 29 of the 30 largest U.S. banks could withstand a deep recession and still pay dividends, fueling speculation about which firms will win approval next week to raise payouts. Zions Bancorporation is the only lender that […]
Commercial Real Estate & Business News – March 20, 2014
Pennsylvania Firm Makes Second Valley Industrial Purchase With $13.2 Million Deal It took more than a year to add to its industrial real estate holdings in the Phoenix market, but Exeter Property Group in Plymouth Meeting, PA has now invested $30.7 million in acquiring 500,000 + sq. ft. of distribution space in the Valley. In […]
Commercial Real Estate & Business News – March 19, 2014
Geography of the Legacy Economy: Mapping the Next Boom With real estate markets tapped out in primary markets, investors will look to secondary ones – Pittsburgh, Cleveland, Phoenix – with legacy assets… Read more ASU Research Park Offices Sell for $18.4m or $211 Per Square Foot Rimrock Capital Partners sold two offices within ASU Research […]
Commercial Real Estate & Business News – March 18, 2014
Investor Confidence Reaches ‘New Heights’ Five years ago, it seemed the commercial real estate sky literally was falling. Today, confidence is U.S. commercial real estate is rising. That’s the major takeaway from a new Akerman LLP survey of top 200 CEOs, CFO, COOs and other top national real estate executives serving clients across the Americas… […]