Commercial Real Estate & Business News – January 23, 2023

Phoenix No. 9 Among Top Data Center Markets in the World

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, released its 2023 Global Data Center Market Comparison, the fourth edition of this annual study which identifies and ranks the top data center markets globally and…»

Procter & Gamble Closes on 430-Acre Site in Coolidge Near Nikola Corp.

Procter & Gamble Co. (NYSE: PG) recently closed on a 430-acre site and is moving forward with its 2 million-square-foot manufacturing plant south of Phoenix. The consumer goods company purchased the property at…»

Apartment Transaction Volume Hinges on Fed’s Next Move

Two Federal Reserve Board chairmen this week signaled that they favor a quarter-point rate hike at the next meeting Feb. 1.That’s down from the half-point hike the meeting before that and four consecutive increases of…»

The Most Popular Grocery Stores in America Are ….

A discounter and two convenience-store chains rank among the 10 most popular grocers in America. Aldi ranks as the most popular grocery store, with a popularity score of 65%, according to market research and data analytics…»

Here’s Where Residential Real Estate is Anticipated to Go in 2023

From enormous gains to an anticipated tempering, a lot has happened over the course of 2022. That’s according to a report based on the most recent ARMLS data released by Phoenix REALTORS that outlines the state of the residential real estate market and…»