Commercial Real Estate & Business News – January 22, 2014
Outlook Improves for Construction — If Firms Can Find Skilled Workers This year is shaping up to be a good year for the construction industry — if contractors can find enough qualified workers. A survey of more than 800 construction firms by the Associated General Contractors of America found that 41 percent plan to add […]
Commercial Real Estate & Business News – January 21, 2014
Hungry For Returns As investors dealt with so much fiscal uncertainty in 2013 – the budget deficit, potential tax increases, raising of the debt ceiling, and higher health insurance premiums associated with the Affordable Care Act just to name a few – it is almost a relief to get back to worrying about the basics. […]
Commercial Real Estate & Business News – January 17, 2014
U.S. Property Markets Post Strongest Sales Volume Since 2007 For buyers and sellers of commercial property, 2013 was a very good year. Total commercial real estate sales are projected to be more than 18% higher in 2013 from the previous year as U.S. property fundamentals and the economy continued to improve and investors in all […]
Commercial Real Estate & Business News – January 16, 2014
CoStar CCRSI Index: Property Pricing Posts Steady Gains in November The latest CoStar Commercial Repeat Sale Indices (CCRSI) found that pricing continued on a steady upward trajectory for all types of commercial property in November 2013, boosted by the strong take-up of available space by tenants… Read more Commercial Real Estate Investment Market Poised for […]
Commercial Real Estate & Business News – January 15, 2014
$450M USA Place Breaks Ground in February The capital of Valley infill development is Tempe. Just about any undeveloped parcel is being spec’ed, explored or planned for development. “Tempe is the happening place for urban development,” says Susan Eastridge, CEO of Concord Eastridge. She’s readying a February groundbreaking of USA Place, a $450M unique mixed […]
Commercial Real Estate & Business News – January 14, 2014
Wood Partners to Offer Luxury in Tempe Wood Partners will break ground in early 2014 on Alta Tempe, a 296-unit luxury apartment complex at University Drive and Dorsey Lane near the new Marina Heights, which will be the state’s largest office park when it is completed. Construction of the 270,000-square-foot apartment building, situated on 7.1 […]