Commercial Real Estate & Business News – February 5, 2021

While the second stimulus gave the US economy essential support, John Chang, SVP and director of research services from Marcus & Millichap says a third stimulus is even more important. “If a third round of stimulus is passed, that’s good for real estate,” Chang said in a new video. “If a third round of…»
After the pandemic slashed net lease sales in the Spring, the market really came on in the end half of the years. BJ Feller, managing director and partner for Stan Johnson in Chicago, Ill., expects that momentum to continue in 2021. “We believe that 2021 will be a year that is incredibly similar to…»
State legislators have introduced bills to spur the development of affordable housing units in Arizona, offering a tool that could ease the growing burden of housing costs for residents. Rep. Regina Cobb along with Sen. David Gowan, R-Sierra Vista, introduced legislation offering state…»
A California-based fast-casual hamburger chain has secured two new future locations in Tempe and Phoenix. The first Farmer Boys restaurant is already under construction and slated to open next month at the new City Gate Marketplace in Gilbert, but the chain announced Tuesday it will be…»
Arizona Republican lawmakers are moving to lower property taxes on businesses. But the chief proponent told members of the Senate Finance Committee on Wednesday that it is being done in a way not to shift the burden to homeowners, and without reducing revenues available to…»