Commercial Real Estate & Business News – January 24, 2025
Metro Phoenix’s economy is one of the best in the US, study finds. Here’s why How strong is Phoenix’s economy compared to other large cities across the United States. Questions like that are what the Milken Institute set out to answer with its annual Best-Performing Cities report. Analysts at the nonpartisan think tank analyzed 13 […]
Commercial Real Estate & Business News – January 23, 2025
Top 9 Arizona cities to watch for rental activity in 2025 RentCafe‘s first report of 2025 highlights the top cities to watch for rental activity this year, based on the most online engagement from apartment hunters on RentCafe.com in the past 12 months. Renters in Arizona, heads up! Apartment availability has dropped in eight out […]
Commercial Real Estate & Business News – January 22, 2025
What’s in Store for Retail in 2025? The retail sector is set for yet another year of transformation as it continues to adapt to shifting consumer preferences, economic headwinds and technological innovations. One of the key retail trends that will define this year is the steady focus on necessity-based retail, with grocery…» Here’s how East […]
Commercial Real Estate & Business News – January 21, 2025
CRE Sales Edge Up Amid Mixed Economic Signals in Beige Book The Federal Reserve’s January 2025 Beige Book has looked back on late November and December activity and saw economic activity increasing “slightly to moderately” across the central bank’s 12 districts. As part of that, CRE sales “edged up,” although construction activity…» Data Center Sector […]
Phoenix Commercial Real Estate Market Update: 2025 Outlook Observations from the CCIM IREM Forecast
As we navigate through 2025, the Phoenix commercial real estate market continues to evolve, presenting both challenges and opportunities across various sectors. Here are my notes from the CCIM-IREM Economic Forecast from Friday regarding office, multifamily, industrial, and retail segments in the Valley of the Sun. Office Sector: Adapting to New Realities The office market […]
Commercial Real Estate & Business News – January 16, 2025
Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten Consumer price index data for December showed that core price pressures eased more than expected. The S&P 500 powered higher as Wall Street weighed the CPI’s implications for Federal Reserve policy as well as positive earnings reports from Dow Jones giants JPMorgan Chase (JPM) and Goldman Sachs (GS)…» […]
