Commercial Real Estate & Business News – February 19, 2014
Where Phoenix Ranks Among Fastest-Growing Cities Forbes has released its annual ranking of the nation’s 20 fastest-growing cities in terms of population and economic growth — and Phoenix landed at the No. 3 spot. Phoenix’s population growth rate last year was 1.67 percent, according to the magazine, but the ranking isn’t based solely on population […]
Commercial Real Estate & Business News – February 18, 2014
300K SF Agave Center Transacts in Tempe In two separate purchases, nearly 300K SF of flex office sold in the “Agave Center” located at I-10 and Warner Road in Tempe.. Read more Another 300KSF in Space Planned at $185M Odysea in the Desert There’s Butterfly Wonderland drawing rave reviews from around the globe (AZBEX, Aug. […]
Commercial Real Estate & Business News – February 17, 2014 – Happy President’s Day!
Downtown Phoenix Art-Deco High-Rise Will Get $40 Million Makeover The 13-story Art Deco Professional Building at Central Avenue and Monroe Street in the heart of downtown Phoenix has been sold to CSM Corporation and will be converted into a premium select-service hotel. The building originally opened in 1932, housing the offices for Valley Bank and […]
Commercial Real Estate & Business News – February 14, 2014
Odds of Getting a Job in the Western U.S.? Best in 6 years The odds of finding work in Western states nearly matched the national average in December, nearly ending a six-year run of tougher prospects for the jobless in the West, federal data shows… Read more Kornwasser Cleared for Next Phase at Higley Pavilion […]
Commercial Real Estate & Business News – February 13, 2014
Apartment Tower, Whole Foods Planned for Downtown Tempe in $80-100 Million Project A failed mixed-use project in downtown Tempe that once promised a condominium high-rise and a Whole Foods grocery store is being revived. Greenwood Village, Colo.-based Alberta Development Partners LLC paid $6.1 million for less than 2 vacant acres at the northwest corner of […]
CCIM Tucson Forecast 2014
I was recently quoted for my attendance at the Southern Arizona CCIM Chapter 23rd Annual Forecast Meeting yesterday. The whole article can be viewed here. The event was well attended and had good information presented on the Tucson Market. I do believe my quote sums up the Tucson Market pretty well, “The Tucson Market appears […]