Commercial Real Estate & Business News 7-11-2025

Office leasing activity edged higher in the first half of the year, though overall leasing volume remains stubbornly below its typical level from the late 2010s. While a few markets appear to be in full-blown recovery, others are still off the pace, hampered by both tepid demand and the absence of large blocks of available premium space. Tenants executed new lease agreements…»

Economic development is booming across Arizona. Companies across a variety of industries announced plans to invest over $31 billion in new projects, expected to bring a projected 24,285 new jobs within the fiscal year that ended June 30. That’s according to the Arizona Commerce Authority, which works with local economic development agencies to bring new projects to…»

Commercial real estate lending at FDIC-insured institutions is facing mounting challenges, with delinquencies and losses climbing to levels not seen in over a decade, according to a new analysis by CRED iQ. The report, which examines first-quarter 2025 performance against long-term trends dating back to March 2007, reveals a market grappling with both rising risk and signs…»

Following an unprecedented streak of record-setting years, Arizona’s job creation record in 2025 reached new heights. In the 12-month Fiscal Year 2025 (FY25) that ended June 30, the Arizona Commerce Authority (ACA) and local economic development agencies worked with companies that committed to creating a projected 24,285 new jobs in Arizona with an average…»

Metro Phoenix is losing its luster with renters, thanks to higher housing costs, slowing job growth and worsening air quality. The Valley slipped to No. 94 on a list of best U.S. cities for renters, according to Yardi’s RentCafe research just released for April. Last year, the Phoenix area ranked No. 72 on the list. “When looking for the best cities for renters in 2025, there are several…»