Commercial Real Estate & Business News – December 6, 2023
Retailers Go Big As They Invest In Experiences for Shoppers Retail executives have long known that foot traffic increases when they can provide an “experience” for the customer, such as by adding gathering places or dining venues. Retailers are now taking that a step further by featuring in-store experiences such as nail and eyelash salons, […]
Commercial Real Estate & Business News – December 5, 2023
Amkor Will Bring $2B Facility, 2,000 Jobs to Peoria Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, has announced its plan to build an advanced packaging and test facility in Peoria, Arizona. By the time of full project completion, Amkor projects to invest approximately $2 billion and employ approximately…» 300-Acre Project […]
Commercial Real Estate & Business News – December 4, 2023
How the Cost of Building Is Shaping Up for 2024 More price hikes are ahead next year but greater overall stability is also expected, according to JLL’s latest report. Calling 2023 a “year of stabilization for the construction industry,” JLL’s 2024 forecast states a strong project pipeline will keep the industry busy in the…» Phoenix […]
Commercial Real Estate & Business News – December 1, 2023
Amkor to Build $2B Semiconductor Testing Plant in Peoria Amkor Technology Inc., a leading provider of semiconductor packaging and testing services, said it plans to build an advanced facility in Peoria that could cost $2 billion, bring roughly 2,000 jobs and partner with another major chipmaking complex in the northwest Valley. Tempe-based Amkor…» Pennrose Breaks […]
Commercial Real Estate & Business News – November 30, 2023
GDP, Inflation Data Bolsters Case that Fed is Done Hiking Growth in the US economy continues to surprise to the upside while inflation declines. New data from the Bureau of Economic Analysis revealed the US economy grew at a 5.2% annualized pace in the third quarter, revised up from the 4.9% reported in the advance […]
Commercial Real Estate & Business News – November 29, 2023
2024 PTK Spotlight: Team Eggman Every year, AZ Big Media, which publishes both PTK and AZRE magazines selects Arizona’s top people and projects to showcase in its premier commercial real estate magazine — PTK — from an impressive and competitive nomination pool. Each day we will highlight 20 different categories…» Two Valley Cities Among Top […]