Commercial Real Estate & Business News – August 4, 2014

The continued national housing recovery is having a positive effect on the retail sector, according to Peter Muoio, senior associate and economist with Muoio tells that the increased home sales lead to increased retail sales in a noticeable way… Read more »
The Phoenix retail market experienced a slight improvement in market conditions in the second quarter 2014. The vacancy rate went from 10.5% in the previous quarter to 10.3% in the current quarter. Net absorption was positive 377,131 square feet, and vacant sublease space decreased by 69,084 square feet. In first quarter 2014, net absorption was negative 1,946 square feet… Read more »
Transaction volume in the apartment sector continued to grow in the second quarter, pushing past the $26 billion mark, according to New York-based research firm Real Capital Analytics (RCA). That’s good for a 39 percent increase compared to the first quarter, the largest jump among all of the commercial property sectors…Read more »
Much ado has been made of the real estate market in Arizona over the last decade. From good times and “McMansions” to a terrible rock-bottom scenario after the real estate bubble disaster, it has been a long ride. One demographic kept buying houses throughout the economic turmoil — Canadians. Coming mostly from Alberta and British Columbia, residents from the “Oil capital of North America” fled the cold (as well as housing prices nearly double, per square foot, the prices down here) to escape the winter and relax in the Valley of the Sun…Read more »
Natural Grocers by Vitamin Cottage, Lakewood, Colo., said Thursday it will continue to focus on new-store investments, including infrastructure, to support future growth… Read more »