Commercial Real Estate & Business News – January 23, 2025

RentCafe‘s first report of 2025 highlights the top cities to watch for rental activity this year, based on the most online engagement from apartment hunters on RentCafe.com in the past 12 months. Renters in Arizona, heads up! Apartment availability has dropped in eight out of nine…»

Arizona ranks No. 9 overall among the best states to start a business in 2025. That’s according to a report released Jan. 20 on personal finance website WalletHub. The Grand Canyon State also ranked No. 6 for average growth in number of small businesses, No. 24 for average…»

The Phoenix economy, and that of the nation generally, enter 2025 in fundamentally good shape despite the risks posed by an inflationary overhang and the uncertainty of new policies coming out of Washington. Speakers at a Greater Phoenix Economic Council regional report…»

By the end of 2028, Tempe will be the official home of the country’s third national research facility focusing on development and packaging of microchips and semiconductor technologies. Alyssa Tufts with the state Commerce Authority said it’s a credit to the thriving semiconductor…»

Scottsdale’s growth spurt seems likely to continue this year. At its first meeting of the year, the Development Review Board gave the green light to two sizable projects – one at the south end of the city, one in North Scottsdale. The seven-person board, made up of six appointed volunteers and a City…»