Commercial Real Estate & Business News – February 1, 2023

Report: CRE Leaders Slightly More Optimistic About 2023 Than Business Other Leaders

Commercial real estate professionals are anticipating a recession in 2023. Yet in comparison with other industry leaders, they’re slightly more optimistic about the coming year, according to JPMorgan Chase’s Business Leaders Outlook…»

New Avenues Open for Brick-and-Mortar Retail

With Class B and C malls drying up and large chains going out of business as a prelude, the past few years have posed a fair share of obstacles for brick-and-mortar retail, from the lockdowns of 2020 to 2021’s COVID waves to the high…»

How Walkability Impacts Multifamily

Walkable urban places have earned plenty of buzz in recent years for a multitude of reasons. A groundbreaking study explores the links between walkability and investment and in multifamily and other real estate categories. Released by…»

How is Phoenix’s Economy Doing Amid Recession Talk?

Between the price of groceries, higher mortgage rates and news reports of layoffs, some people are bracing for tougher economic times — or wondering if they should be. So how does the Valley’s economy look? Talk of a slowdown and recession…»

Dallas Industrial Developer Gets Green Light for First Phoenix Metro Project

Dallas-based Urban Logistics Realty has received approval for its first Phoenix metro project in Goodyear. The new campus, called Urban District 10, is slated for about 680,000 square feet of speculative light industrial, commercial and office space across…»