Commercial Real Estate & Business News – April 1, 2025
Dick’s Sporting Goods acquires land for ‘House of Sport’ concept There’s more evidence that CRE markets are regaining stability, according to Crexi’s National Commercial Real Estate Report. If that continues, strategic planning for owners, investors, and developers will become easier and more reliable. Asking prices are settling down, either staying flat or gaining or losing […]
Commercial Real Estate & Business News – March 31, 2025
Dick’s Sporting Goods acquires land for ‘House of Sport’ concept Dick’s Sporting Goods (NYSE: DKS) has acquired nine acres in Gilbert to build one of its first Dick’s House of Sport concepts in the Phoenix area. The Pittsburgh-based company spent $6.8 million on land near the intersection of Williams Field Road and San Tan Village […]
Commercial Real Estate & Business News – March 28, 2025
Phoenix apartment rents turn modestly negative in February The average asking rent for Phoenix apartment buildings declined 0.1% in February, snapping a two-month winning streak that began in December 2024. Though rents modestly retreated last month, the 0.5% increase in the opening month of 2025 keeps growth for the year in positive territory. Midpriced buildings […]
Commercial Real Estate & Business News – March 27, 2025
‘Walkable community’ in Phoenix area wraps up second phase of development The second phase of construction has been completed for a mixed-use development in the Phoenix area billed as the “first walkable community of its kind.” Culdesac Tempe has been selected by a panel of local industry professionals as the winner of the 2025 CoStar […]
Commercial Real Estate & Business News – March 26, 2025
Work begins on $145M SanTan Village project bringing Whole Foods to Gilbert A $145 million retail development that will include a Whole Foods and a Dick’s House of Sport will begin construction in Gilbert, part of a development that will include restaurants, retail and entertainment. The development, called Signature at SanTan Village, will include 30 […]
Commercial Real Estate & Business News – March 25, 2025
Phoenix no longer nation’s top industrial market, report says Phoenix is falling behind other U.S. cities when it comes to industrial construction as the Valley’s pipeline of new projects shrinks. Savannah, Georgia, had the most industrial real estate under construction during the first quarter of this year, followed by Dallas Fort-Worth, according to a new […]