Commercial Real Estate & Business News – April 8, 2024
Markets Wonder If There Will Be Only Two Rate Cuts This Year At the Federal Reserve, representatives say one thing and another. But the loudest voice is data, and it’s currently murmuring that rate cuts will be a long way off — and possibly not be the three reductions the Fed is currently promising. The […]
Commercial Real Estate & Business News – April 5, 2024
Consumers Continue To Carry the Economy Economic growth in the first quarter of 2024 appears to be on a rosy trajectory. Multiple reports show that consumers continue to carry the economy by spending freely despite still-elevated inflation and debt levels ticking higher. Growth in the 2% to 2.5% range for the…» Why It’s So Expensive […]
Commercial Real Estate & Business News – April 4, 2024
Shake Shack, Chipotle Jump on Drive-Thru Bandwagon in Scottsdale Two of the largest companies in the quick-service restaurant space, Shake Shack and Chipotle, are opening their Scottsdale first drive-thru locations this month. The moves are yet another indicator that drive-thru continues to be one of the strongest trends in the restaurant…» Five Markets Desired By […]
Commercial Real Estate & Business News – April 3, 2024
Scottsdale 101 Shopping Center Land Set for Auction to Highest Bidder The Scottsdale 101 shopping center, or rather the land on which the center was built, is heading for the auction block in June. The Arizona Land Department published an auction notice on March 21 that the 75 acres on the southwest corner of Scottsdale […]
Commercial Real Estate & Business News – April 2, 2024
With Arizona Layoffs Slowing, State’s Economic Outlook is Solid, Experts Say Arizona’s job market has been solid lately, and it’s showing up in fewer layoffs. Both the number and magnitude of major layoff announcements declined sharply in the first quarter of 2024 compared with the same three months of 2023. Some 21 employers reported layoffs […]
Commercial Real Estate & Business News – April 1, 2024
Private Cash Buyers Dominate Net Lease Are you a net lease investor with $5 million cash in your pocket? Then you’re golden in the current market. Right now the sector’s biggest problem is that there is a considerable amount of supply on the market and not enough buyers willing to invest at cap rates where […]