Commercial Real Estate & Business News – December 5, 2024

Holiday Spending Projected to Boost CRE, But Consumer Confidence Remains Key Concern

Holiday spending in 2024 is expected to grow, offering a potential boost to retail, industrial, self-storage, and multifamily real estate sectors. But questions about consumer confidence and sentiment loom large, casting uncertainty over the season’s momentum, with industry analysts divided…»

Retailers’ wish lists include more available store space, less pricey rents

The U.S retail property market remained resilient in the third quarter, with demand for additional space increasing for the 15th consecutive quarter. However, the pace of those leasing gains has slowed considerably as retailers face an increasingly challenging environment shaped by choppy…»

50 commercial real estate projects to know for 2025

Commercial real estate in Arizona is in the midst of an unprecedented run. Even after the pandemic rocked the business community, Arizona’s commercial real estate industry came up with innovative ways to not only survive, but thrive. That kind of cutting-edge innovation is evident…»

Scottsdale residents trying to kill approved Axon project on ballot

Axon’s $1.3 billion proposed corporate campus in Scottsdale is now the target of a political group that wants to get the controversial project on a public ballot, throwing the development’s future back into uncertainty just days after the City Council approved it. The Taser stun gun company…»

Healthcare Real Estate Execs Predict Optimistic 2025 Despite Challenges

As the healthcare real estate industry gears up for 2025, industry leaders are expressing cautious optimism amid lingering challenges. At a recent industry event, executives from prominent companies have shared their insights on market trends, deal activity, and the evolving landscape of medical…»