Commercial Real Estate & Business News – December 20, 2021

Commercial real estate data provider CoStar Group plans to expand its research and technology center in Richmond, Virginia, investing $460 million to build a two-building complex to create a corporate campus that’s expected to bring 2,000 new jobs to the banks of the James River. The company is…»

The State Route 85 and MC 85 area of the West Valley, which is being envisioned as a clean energy corridor, has started to see activity in recent months on the heels of the announcement of KORE Power’s battery manufacturing facility in Buckeye. Real estate firms and investors have started…»

San Diego-based Davlyn Investments paid more than $114 million for a 290-unit apartment complex in another example of California investors scooping up multifamily properties in greater Phoenix. The multifamily investment firm bought the Trevi apartments in Chandler from TruAmerica Multifamily,…»

Skyrocketing home prices are poised to flatten in some metropolitan areas, according to a new ranking of the most overvalued US housing markets by professors at Florida Atlantic University and Florida International University. A pricing crown is developing in the five most overvalued markets: Boise,…»

Greystar, a global leader in the investment, development, and management of high-quality rental housing properties, is proud to announce that Album Cooley Station – the first true active adult 55+ apartment home community in the Cooley Station area – is now pre-leasing.“ Album Cooley Station is an…»