Commercial Real Estate & Business News – December 13, 2022

Here’s How Capital Markets Are Likely to Look in 2023

One of the largest questions in CRE — maybe the single biggest one — is what will happen with capital markets. Valuations and rents can go up or down, but it’s the cost of financing that most likely makes or breaks deals. Right now, the…»

Pair of Industrial Projects Proposed for East Valley

A pair of industrial projects could add about 100,000 square feet of space to the southeast Valley. On Dec. 8, Mesa City Council approved a subdivision plat for Hopewell Mesa, which will feature a 47,944-square-foot…»

The 2023 Phoenix Commercial Real Estate Outlook and Opportunities

Known as the Valley of the Sun, Phoenix is one of commercial real estate’s hottest markets. With a current population of over 4.6 million, a 1.48 percent increase from 2021, the Phoenix metro is packed with…»

Store Capital Stockholders Approve $14 Billion Acquisition

The $14 billion proposed acquisition of net lease real estate investment trust Store Capital received a vote of approval from shareholders this past week, setting up the conclusion of the deal for early next year. Stockholders approved the…»

TSMC Phoenix Fab Spurs Creation of ‘Little Taipei’

The building of a Taiwan Semiconductor Manufacturing Co (TSMC) plant in Phoenix, Arizona, is expected to lead to the creation of a “Little Taipei” over the coming year, as TSMC employees and related companies move in…»