Commercial Real Estate & Business News – February 6, 2025

Multifamily investors may be coming to terms with the new interest rate climate, which is a good thing since the Federal Reserve has signaled it is not ready to lower rates further at this time. When the central bank met last week, it declined to change the overnight rate and also didn’t change its position…»

The Trailhead, a 40-acre, mixed-use development at 83rd Avenue and Happy Valley Road in Peoria, has signed several new restaurant tenants looking to open in the coming months. The project’s developer, Pederson Group, signed Sky Restaurant Group to a 4,431-square-foot restaurant space for a new concept…»

American consumers have bolstered the economy and left it on solid footing heading into 2025, a few key data releases recently confirmed. But whether that spending is sustainable will likely depend on future income growth, which, while still supportive of consumption, has not kept pace with…»

Ryan Companies US, Inc., a national commercial real estate solutions provider, and Alidade Capital, LLC have formed a joint venture and announce today the financial closing and beginning of construction for Chandler Freeways Business Park. Located southeast of the Loop 202 and…»

Arizona tourism nonprofit Visit Phoenix is moving its headquarters in downtown Phoenix. The organization has inked a lease for 24,722 square feet at the CityScape office located at 1 E. Washington St., the second largest office building in the Valley totaling 27 floors across 590,371 square feet…»