Daily News for Commercial Real Estate & Business – March 27, 2012

Here are the news articles you might find interesting today for commercial real estate and business: Giaconda East Sells for $1M A private investor acquired Giaconda East at 205-215 Giaconda Way in Tucson, AZ for $1,015,000, or about $58 per square foot. The 17,638-square-foot retail building was constructed in 2000 in the North Tucson/Oro Valley […]

Daily News for Commercial Real Estate & Business – March 26, 2012

Here are the news articles you might find interesting today for commercial real estate and business: After 3 decades, ‘Matador’ restaurant closes The Matador, the Mexican restaurant owned by a Greek couple that’s been a locals’ favorite in downtown Phoenix for more than three decades, is serving its last meal today. The Great Recession and […]

Daily News for Commercial Real Estate & Business – March 23, 2012

Here are the news articles you might find interesting today for commercial real estate and business: To view the 1Q12 Investment Trends Quarterly report by RERC, click here… PRESSON ADDS TO VALLEY INVENTORY . . . PICKS UP OFFICE-RETAIL PROJECT IN TEMPE Tempe City Center Limited Partnership, formed by investor Daryl Burton of Presson Corp. […]

Local Real Estate Professional (Nick Miner, CCIM) Discusses Marketing

PHOENIX – March 19, 2012 – Nicholas L. Miner, CCIM, vice president-investments of Commercial Properties, was quoted in the March/April issue of Commercial Investment Real Estate, the magazine of the CCIM Institute. Please read his comments in “Marketing for Today’s Market,” which is available in the PDF file accompanying this release. To read the entire […]

Daily News for Commercial Real Estate & Business – March 22, 2012

Here are the news articles you might find interesting today for commercial real estate and business: To view this weeks Costar Watchlist, click here… 3rd Commercial Tower For Hayden Ferry Lakeside (article by my friend Nick Bastian-RailLife) Another large commercial building project is about to break ground in the city of Tempe at the super […]

Cap Rate vs IRR vs Cash on Cash vs ???

Over the years, my experience in working with investors from different walks of life, has always fascinated me when it comes to what is their ultimate go or no-go decision when looking at investment real estate. Some clients only look at the cap rate. Their rationale is that most of the time you can predict […]