Commercial Real Estate & Business News – April 5, 2021

The light at the end of the tunnel is growing brighter for housing investors, particularly as vaccine rollouts gather steam and the economic recovery widens. In a recent video breaking down what’s driving the single-family housing market, John Chang, senior vice…»
The Watermark | Tempe, a new high-end mixed-use project in Tempe, Arizona, today announced the completed openings of 10 retail and restaurant tenants along with three (3) significant office lease transactions. Cushman & Wakefield’s Brent Mallonee leads the…»
Developer ViaWest Group plans to break ground this year on three logistics buildings in Chandler, Arizona, an active market for logistics, shipping and manufacturing, under a 77-year ground lease signed with an elementary school district that serves the area. ViaWest, based…»
In a turbulent year with overall U.S. commercial real estate volume decline, increased activity in some alternative investments and alternative property sectors was a bright spot for the industry. Alternatives like self-storage, life sciences, manufactured housing communities,…»
Intel’s stunning announcement of plans to invest $20 billion for construction of two fabrication facilities at its south Chandler campus over the next three years likely will have major implications for Ahwatukee’s already tight housing market. And it stands to generate…»