Commercial Real Estate & Business News – January 21, 2025

CRE Sales Edge Up Amid Mixed Economic Signals in Beige Book

The Federal Reserve’s January 2025 Beige Book has looked back on late November and December activity and saw economic activity increasing “slightly to moderately” across the central bank’s 12 districts. As part of that, CRE sales “edged up,” although construction activity…»

Data Center Sector Continues Growth in 2025

One thing to know about data centers is that it’s an expanding commercial real estate sector. Another is that the growth will continue in 2025. JLL’s just-released “2025 Global Data Outlook” says that the international data center market is forecast to have a compound annual…»

Ryan Companies announces construction of phase two of corporate centre

Ryan Companies US has announced the financial closing and commencement of construction of the second phase of the 17 North Corporate Center in Phoenix, Arizona.The complete project includes two Class A industrial buildings totalling more than 186,000ft², offering various…»

SimonCRE Secures Financing, Invests $50 Million for Mixed-Use Project in Surprise, Arizona

Surprise, Ariz. — SimonCRE has closed on the purchase of the first phase of Asante Trails, a 12.4-acre retail project in Surprise, approximately 35 miles outside Phoenix. SimonCRE has announced a $50 million investment for the acquisition of Asante Trails. According to the Phoenix…»

Analyst reboots Fed interest rates forecast after surprising inflation data

Inflation has been around since the days of Alexander the Great and it’s not showing any signs of going away. In combating this pesky problem, the Federal Reserve uses interest rates as a primary tool to control inflation. When inflation is too high, the Fed typically raises interest rates to slow…»