Commercial Real Estate & Business News – December 31, 2024

From November 2023 to November 2024, the total number of jobs decreased by 693,000, marking a 0.42 percent decline in total hires. Within the same timeframe, the total number of unemployed grew by 881,000, marking a 15.1 percent uptick in job losses…»

Remember all those 1950s sci-fi flicks, where a creature keeps mutating and growing? It may sound a bit like Cavasson to some. While the Axon debate on the other side of the Loop 101 threatens to suck all the oxygen out of Scottsdale, Nationwide’s massive project just keeps growing and…»

Although the national venture capital market faced economic uncertainty, high inflation and elevated interest rates in 2024, Arizona’s tech ecosystem continued to generate investor interest with several startups landing large funding deals. While Phoenix-based Virtuous brought in…»

The ongoing trend of remote work has been leading to more than vacant office space, especially in downtown locations. According to a report from CBRE Economics Advisor, the retail availability rate in U.S. downtown markets was 88 basis points higher than the suburban rate in Q3 2024…»

What are the best cities to perfect your swing and nail that birdie? Luckily for residents of the Grand Canyon state, Arizona has three of the 10 best cities for golfers in the United States. For those thankful next week for 18 holes (if not a hole-in-one), LawnStarter ranked…»