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Commercial Real Estate & Business News – February 18, 2021

Considering the unprecedented challenges faced in 2020, the affordable housing industry managed to do pretty well. Projects still got built, capital continued to be available for new deals, and, perhaps, new light was even shined on the importance of a place to call home. Having weathered economic…»
As many companies transitioned to remote work, Phoenix has seen a significant in-migration from residents leaving overpriced metros in California, in search of more affordable alternatives. At the same time, local officials have worked to create a business-friendly environment…»
ViaWest Group has broken ground on Goodyear Crossings Industrial Park located at the southwest corner of Elwood St. and Sarival Ave. in Goodyear, AZ. The project, a joint venture with a Philadelphia-based investment company, is being built on the 25.91-acre parcel ViaWest acquired…»
A ruling from the Arizona Supreme Court could have a major impact on the kinds of economic development deals cities make with businesses going forward. In the decision from last week, the justices ruled Peoria had violated the state constitution’s gift clause, in a deal with Huntington University and the school’s…»
Real estate agents are going into overtime to get as much accomplished before the market cools down for the winter, despite an improving market. The holiday season also provides a bit of time to prepare for the upcoming year. Real estate agents use this time to come…»