Commercial Real Estate & Business News April 19, 2019

Maricopa County Still Fastest-Growing County in U.S. People keep moving to Phoenix.That’s the takeaway from new data released Thursday by the U.S. Census Bureau, which finds the Phoenix metro added nearly 100,000 residents from July 1, 2017, to July 2018.During that 12-month period, the Phoenix-Mesa-Scottsdale metro gained 96,268 people…»
Scottsdale Grows ‘Up’
Thirty years ago, this 730-acre swath of Arizona land was virgin desert, the vast blue sky interrupted only by towering saguaro cacti. Today the cacti have been replaced by construction cranes in what is now a bustling area known as Kierland. On the border of Scottsdale and Phoenix, the area’s urban feel, with walk-able access to restaurants and bars…»
Despite ‘Retail Apocalypse,’ U.S. Grocery Store Openings Jumped 30 Percent in 2018
WASHINGTON – In recent weeks, backers of a new tax incentive meant to encourage investment in struggling communities raised alarms with the Trump administration that the regulations could steer most of that money into real estate development, rather than startup businesses that are more likely to create well-paying jobs.…»
Tempe and Chandler, the Fastest Growing Office Markets in Phoenix
Tempe and Chandler-Gilbert are the fastest growing office markets in the Greater Phoenix region. In the last three years, the majority of new office construction has been built in these two markets, and the construction pipeline is continuing to grow…»
Zillow to Hire 160 in New Scottsdale Office
Now that Zillow Group Inc. has settled into its new Scottsdale digs, plans call for hiring 160 employees this year and investing $7.2 million in capital. That’s in addition to the 175 employees who already work at Zillow Offers, the division that buys and sells homes directly…»