Commercial Real Estate & Business News – December 6, 2022

While increases in operating expenses, and in particular nursing costs, have hit hospitals significantly, the healthcare sector remains strong from a real estate fundamentals standpoint, according to one industry watcher…»

Amid rising interest rates, economic volatility and uncertainty, slowing e-commerce sales growth and Amazon’s postponed expansion plans, the industrial sector is still in good shape going into 2023, according to…»

Rise48 Equity, a prolific apartment buyer in greater Phoenix over the past two years, paid $50 million to buy a 160-unit apartment complex in Tempe. The purchase of the La Serena apartments at 6507 S. Hardy Drive, now called…»

President Joe Biden will visit the site of a new semiconductor plant rising on more than 1,100 acres in far north Phoenix, and the visit is fitting. Biden has championed increased investment in the chip industry, and the factory, or fab, owned by…»

Demand for smaller shopping centers surged in the last quarter, with absorption jumping 20% to 8.1 million square feet in Q3. According to research from JLL, absorption for smaller centers totaled…»