Commercial Real Estate & Business News – August 17, 2022

Senior commercial real estate executives are concerned about office and retail fundamentals as market uncertainty continues to curtail investors’ appetites for risk. The Q3 2022 Real Estate Roundtable Sentiment Index registered an…»

A new 71-acre surf and water park with lagoons and a retail and hotel district has been proposed for the city of Maricopa, a small city located about an hour south of Phoenix. The new “world-class entertainment and lifestyle venue” will comprise a…»

The Greater Phoenix office market posted the highest level of net absorption since the pandemic began. A report released by Colliers in Arizona outlines strong absorption and rental rate increases, despite a rise in sublease availability. Second quarter posted 517,623 square feet of net absorption, bringing the…»

Get the Kleenex ready. This one is tough to watch. The video covers the story of 14-year-old Zach Sobiech, who passed away May 20 after a battle with cancer. After being told he only had a few months to live, Zach lived. And Zach changed the world…»

One of the most important housing market stories in recent weeks has been the decline in new listings, which has slowed the growth rate of total inventory. What does this mean? Some have said this is evidence of a soft landing for housing since we are in…»