Commercial Real Estate & Business News – February 28, 2022

Kitchen and bath product powerhouse Kohler Co. is getting underway with a plumbing ware manufacturing facility with warehouse and office space in Casa Grande, Ariz. The property will total about 1 million square feet, with room on…»

Phoenix-based GO Industrial has acquired land in both of the hottest submarkets for industrial developments in the Valley.For a total of about $40 million, GO acquired land in Phoenix and Chandler to build 1.28 million square feet of fully…»

On-time payment rates in independently owned rental units in the Sun Belt outperformed the rest of the country in February for the first time since October of last year, according to new data from Chandan Economics and RentRedi. About 80.1% of renters…»

The medical office subsector showed its recession-proof potential since the onset of the pandemic, with an increasing number of institutional investors and REITs focusing their efforts on one of the strongest-performing subsectors in the real estate industry. Medical office inventory continued to…»

The S&P CoreLogic Case-Shiller 20-city price index posted a 18.6% year-over-year gain in December, up marginally from 18.3% the previous month. The index increased 1.5% from November 2021. The national home price index showed similar helium, with an…»