Commercial Real Estate & Business News – April 7, 2023

Economists’ eyes are fixed on the March jobs report being released on Friday with some hope of more signs that inflation is slowing. However, no matter what the results, chances are that there are still more interest rates ahead, according to…»

Phoenix is one of the top cities in the United States for the amount of vacant land it has available. A recent report from CommercialCafe found that Phoenix has 15,897 parcels of vacant land, totaling…»

The Arizona Coyotes and its development arm, Bluebird Development, say they have had enough of Phoenix’s bullying bureaucrats. And now the City of Phoenix is facing a $2.3 billion claim after the Coyotes claim it broke its word and decided to…»

Forget gyms, outdoor balconies, air filtration systems and parking. The biggest question office tenants have for landlords these days: Who’s your lender? Turmoil in the U.S. office market — which has…»

Two tiny homes last week arrived in downtown Mesa ahead of groundbreaking for an unusual residential project planned to get underway this spring. ZenniHome, created by SkyMall founder and former state Sen. Bob Worsley, is preparing to…»