Commercial Real Estate & Business News – April 8, 2015

Will Congress Act on Multifamily Legislation? CRE Industry Still Hopes So

There?s still a sliver of a chance that Congress will take action this year on matters important to the apartment business, but the odds of action get longer all the time. ?The general consensus is that there is no consensus and nothing will get done this year,? says Clifton Rodgers, senior vice president for The Real Estate Roundtable… Read more »

Another Tech Firm Signs in Old Town

OutboundEngine, the email, social media and content marketing platform has signed to a new lease at 4110 N. Scottsdale Rd. in Old Town Scottsdale, a market that is becoming increasingly flush with high-tech and internet-related corporate office tenants. Based in Austin, OutboundEngine specializes in content, email and social media marketing to drive engagement, leads and referrals… Read more »

Apartment Homes Bring Economic Value To Arizona

On April 7, the National Apartment Association will celebrate the first National Multihousing Day. In Arizona, this growing industry makes a major impact on our communities in many ways. Some used to see apartments as the first home for young adults. Today, the multifamily industry offers a wider variety of housing options in more dynamic places… Read more »

Renovations At Fiesta Mall Make Way For Corporate Campus

Aging malls are being renovated into new spaces. The former Macy?s building at the Fiesta Mall in Mesa will be transformed into ?Fiesta Corporate Campus? ? an office center with the potential of housing 1,300 employees. Verde Fiesta I, LLC purchased the building from Macy?s Inc. The Mall is 35 years old… Read more »

Crescent Communities Begins Preleasing 275-Unit Luxury Apartment Community in Scottsdale

Crescent Communities is now preleasing Crescent Scottsdale Quarter, a 275-unit, luxury apartment community. The only residence within the luxurious Scottsdale Quarter open-air retail center, Crescent Scottsdale Quarter is set to open in July, bringing upscale amenities, grand views and a unique penthouse rental offering to one of Scottsdale’s most sought-after areas… Read more »