Commercial Real Estate & Business News – December 11, 2020

Investors Rethink Pandemic’s Effects on Retail, Industrial Properties
The commercial real estate narrative of 2020 has been that the retail property sector has been battered and abandoned by investors, while industrial has risen to the top. That is still the prevailing sentiment, but one that’s getting re-examined going into next year. Market experts are trying to discern…»
Institutions Return to Net Lease as New Investors Dip Their Toes in the Market
Heading into the COVID-19 shutdown in March, net lease transactions were off to a strong start in 2020. Then, COVID hit, the volumes began to drop as the big players pulled back. “A big piece of the overall net lease space is a lot of the institutional capital,” says Matt Berres, executive managing director…»
What to Expect From Commercial Real Estate in 2021
If offices, hotels and other commercial properties survive, their luck should change by the end of next year, according to industry experts. Hotels, offices and retail storefronts are expected to trail a broader economic recovery next year; so investors are pinning their hopes on a COVID-19…»
Landsea Homes Opens Marketside Tercera at Verrado
Landsea Homes, a Newport Beach-based homebuilder, today announced that homes are now for sale at the new Marketside Tercera at Verrado in Buckeye, AZ. “This new neighborhood in the innovative Verrado master plan delivers resort-style living with stylish features…»
Planes Not the Only Thing Soaring at Gateway Airport
Ten years ago, with the East Valley all but paralyzed by the Great Recession, Mesa officials sank ceremonial shovels into some dirt just north of Phoenix-Mesa Gateway Airport. They were breaking ground for a new stretch of a city street. Ordinarily, a new stretch of city street…»