Commercial Real Estate & Business News – January 3, 2023

Are you looking for the best real estate opportunities in Arizona for EB5 investors? Arizona’s low taxes and high appreciation rates make it an attractive destination for real estate investments. Phoenix, in particular, is an excellent market for EB-5 investors…»

Workspace Property Trust has acquired an additional 1 million square feet of suburban office space spread across six assets in five markets from Griffin Realty Trust for $170.4 million. The transaction, combined with an August blockbuster deal for about…»

Several buildings located within the Thunderbird Business Park were recently acquired for $7 million — the first time this portfolio has been sold in 20 years. The five-building industrial portfolio is located on about seven acres within…»

Transblue, a leading construction and project management company, recently opened a new location in Scottsdale, offering luxury exterior design services to commercial, multi-family and homeowner properties across central Arizona. As the professional link between…»

Phoenix recently topped a list of 30 markets with the biggest gains in sublease office space. And across the country, technology firms have made decisions to drastically reduce their office footprints. Salesforce.com Inc. (NYSE: CRM) is to likely continue…»