Commercial Real Estate & Business News – December 28, 2021

Next year, U.S. shoppers anticipate spending 14% more on average per month for their groceries, according to the KPMG Consumer Pulse Survey 2022 Grocery Forecast. Based on a poll of more than 1,000 consumers, the…»
Nationwide, 30.3% of users looked to move to a different metro area in October and November, according to a new report from Redfin (, the technology-powered real estate brokerage. That’s down from a…»
Vertical farming has been developing around the world and is seen as an alternative and sustainable way to farm while using less space and water, and now that technology is well on its way to the Phoenix market. By early next year, an…»
Holiday shoppers ventured into stores this season, driving sales higher than last year and 2019, even as the latest coronavirus variant surged. Master card Spending Pulse findings showed that total sales increased…»
PHOENIX – Ownership of about 4½ acres in Old Town Scottsdale recently changed hands, opening a new chapter for the property known as Southbridge II. A group led by the founding partners of developer Creation RE purchased…»