Commercial Real Estate & Business News – March 6, 2025
Those Negative Economic Indicators May Not Be So Alarming Fears that the economy might be slowing, or even headed for a recession, have been fueled by several newly released statistics and indicators over the past week. One shocker was the Federal Reserve Bank of Atlanta’s GDP forecast for the first quarter which predicts economic growth […]
Commercial Real Estate & Business News – March 5, 2025
How key Valley projects will benefit from TSMC’s $165 billion investment All eyes are on Arizona following Taiwan Semiconductor Manufacturing Co.’s groundbreaking multibillion-dollar announcement on Monday. The semiconductor manufacturer unveiled plans on March 3 to build three additional fabs, two advanced packaging centers and…» CRE Boosts US Economy With $2.5T GDP Impact New commercial real […]
Commercial Real Estate & Business News – March 4, 2025
Phoenix apartment rents get off to a hot start in opening month of 2025 The Phoenix multifamily market had an encouraging start to the year. The average asking rent rose 0.5% in January 2025, the largest month-over-month increase since May 2022. Last month’s result brings monthly rent growth back in alignment with pre-pandemic norms, with […]
Commercial Real Estate & Business News – March 3, 2025
Multifamily Recovery Expected by Late 2025 Supply chain problems and high interest rates are contributing to a shaky first half for the multifamily sector, according to the National Association of Home Builders (NAHB). Other challenges include the cost and availability of labor and developed lots, as well as higher material…» Phoenix office market sees increased […]
Commercial Real Estate & Business News – February 27, 2025
Cracks in the Consumer Firewall Begin to Appear The American consumer has proven surprisingly resilient over the past few years, creating a kind of firewall against other pressures on the economy. And while household balance sheets remain strong by historical comparison, a few signs of stress are beginning to emerge. Retail sales in…» City of […]
Commercial Real Estate & Business News – February 26, 2025
70% of Remote Workers Would Quit if Forced Back to Office Full-Time, Survey Finds A recent survey by FTI Consulting found that 70% of U.S. workers who are currently remote or working in a hybrid arrangement would be likely to look for a new job if their employer required them to return to the office […]