Commercial Real Estate & Business News – December 21, 2021

A global real estate firm recently partnered with a Valley company to start investing in multifamily properties across Arizona. The Canyon Catalyst Fund, which makes real estate investments on behalf of the…»
The pandemic brought interest rates back down to historic lows, and while investors are enjoying the low cost of capital, many are wondering when the party will end. Berkadia’s Charles Foschini, however, says that investors need…»
Thompson Thrift Retail Group, an Indianapolis-based real estate developer, will be building its first Arizona industrial project in Mesa adjacent to Apple’s $2 billion global command center. In the Elliot Road Technology Corridor – home to…»
Rental prices in the Phoenix metro, like home prices, are skyrocketing- making it challenging for people to find housing across the board. Parallel with the housing market — there are fewer rentals available and…»
Developer Marwest Enterprises sold its three-building Logic Park 91 industrial park in Phoenix’s fast-developing Tolleson suburb for $136 million. The buildings, totaling more than 730,000 square feet across 41 acres at…»