Commercial Real Estate & Business News – January 31, 2014
Mark-Taylor Developing Luxury Rental Project At Former Rawhide Site In Scottsdale Mark-Taylor Inc. in Scottsdale (Jeff Mark, Scott Taylor, principals) plans to build a 252-unit luxury rental complex on a portion of the former Rawhide western town theme park in Scottsdale. The 16.7-acre site for the planned multi-family project is located along the east side […]
Commercial Real Estate & Business News – January 30, 2014
For U.S. Office Market, It Was a Very Good Year Investors are cheering the gains in asset values seeen during 2013 from a strengthening recovery in the U.S. office market, and looking forward to an even brighter 2014 as virtually all the important metrics that drive rent growth and property income are expected to continue […]
Commercial Real Estate & Business News – January 29, 2014
Case-Shiller Index Posts Best Y-O-Y Gain Since 06 Home prices in the S&P/Case-Shiller 10-City and 20-City Composites rose this past November by 13.8% and 13.7%, respectively, year over year, S&P Dow Jones Indices said Tuesday. The 20-city composite posted its best 12-month performance since February 2006, with all 20 cities in the index posting seasonally […]
Commercial Real Estate & Business News – January 28, 2014
Tucson Poised For New Growth As much as $100 million in new business sites across downtown in 2014 and up to $1 billion in the downtown corridor over the next 10 years could be a part of Tucson’s growth cycle… Read more LYFE Kitchen replacing Grand Lux Cafe at Scottsdale Fashion Square A restaurant with […]
Commercial Real Estate & Business News – January 27, 2014
Millennials’ Choices Important to Phoenix Housing Market Millennials will drive the future of the Phoenix housing market. That’s what Mark Stapp, director of the Masters of Real Estate Development program at Arizona State University, told a crowd at the Phoenix Market Explained II event Saturday morning. “The real estate industry was so busy trying to […]
Commercial Real Estate & Business News – January 24, 2014
DeRito Partners Buying Central Phoenix Retail Plaza Planned for Redevelopment A company formed by De Rito Partners in Phoenix plans to purchase and redevelop a retail plaza in Central Phoenix that is located at the southwest corner of Indian School Road and 32nd Street. The 147,000-square-foot center, which is anchored by a Food City grocery, […]