Commercial Real Estate & Business News – December 13, 2022

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…»

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…»

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…»

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…»

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…»