2012 Retail Property Recap
2012 ended up with more than 100 properties trading hands. That is down a little from 2011. Prices are still below peak prices from 2008 ($240/SF) to just under $96/SF in 2012. That is still about a 60% price adjustment from peak. Investors are searching out well located centers with value-add components. The best opportunities […]
Commercial Real Estate & Business News – January 18, 2013
Make sure you sign up for the CCIM/IREM 2013 Economic Forecast. It is next week (Thursday, January 24th, 2013) at the Tempe Center for the Arts. There is a great line up of speakers. For more info and to sign up, click here… Here are the news articles you might find interesting today for commercial […]
Commercial Real Estate & Business News – January 17, 2013
Here are the news articles you might find interesting today for commercial real estate and business: Downtown Tempe office building sold for $66 million The nearly 264,000-square-foot Tempe Gateway office building located in the heart of the city’s Mill Avenue District has been sold to a publicly-traded real estate investment trust in Florida for a […]
Commercial Real Estate & Business News – January 16, 2013
Here are the news articles you might find interesting today for commercial real estate and business: Tempe to get big entertainment venue Main Event Entertainment purchased a retail site in Tempe near Interstate 10 and Warner Road with plans to build a 57,000-square-foot indoor entertainment venue. The venue, on 6.4 acres adjacent to Ikea and […]
Commercial Real Estate & Business News – January 15, 2013
Here are the news articles you might find interesting today for commercial real estate and business: To view the January 2013 Chain Store Age magazine, click here… To view the Vizzda December 2012 Analytics report, click here… Through the Looking Glass As Americans struggle with the realities of a new normal – including slow economic […]
Local Real Estate Professional Discusses CCIM Conference (I am quoted!)
TEMPE, ARIZ. – January 14, 2013 – Nicholas L. Miner, CCIM, vice president with Orion Investment Real Estate, was quoted in the January/February issue of Commercial Investment Real Estate, the magazine of the CCIM Institute. Please read his comments in “Winning at CCIM Live!,” which is available in the PDF file accompanying this release. To […]