Commercial Real Estate & Business News – December 19, 2014

It might be a good thing that this month marks only my fourth with Phoenix Business Journal. I only have to look back over 120 days to pick my economy stories of the year. Three on my beat really stand out… Read more »
The state added 24,400 workers for the month, which boosted jobs by 2.6 percent over 2013. The unemployment rate is still 1 percent less than a year ago. For the year, the state has added nearly 67,000 jobs over 2013. The job increase in November beat both the 10-year average and the post-recession average… Read more »
A company formed by B.H. Properties to acquire 428,044 sq. ft. of space in three office buildings located within the Pointe At Squaw Peak community in central Phoenix. The seller was a limited partnership formed by Starwood Capital Group… Read more »
A joint venture formed by EverWest Real Estate Partners and CenterSquare Investment Management paid $21.95 million ($123.79 per foot) to buy a 177,312-square-foot office project located at the southeast corner of 16th Street and Missouri Avenue in Phoenix. The seller was a company formed by Orsett Properties… Read more »
Vintage Partners, the Phoenix-based commercial real estate development and investment company, announced its selection by the Chandler City Council to develop the The Row in downtown Chandler’s newly designated entertainment district, an all-new mixed used project on the SW corner of Arizona Avenue and Chandler Boulevard… Read more »