Michael Pollack Looks at Retail Struggles of 2020 and What Lies Ahead The past year has been a struggle for many industries, but no industry was affected more by the COVID-19 pandemic than the retail industry. To get a better view of what the retail market in the Greater Phoenix market endured during 2020 and what lies ahead for those…» |
Lower Property Sales Volume Subdues Price Growth Commercial property sale prices posted modest gains in November but at a slower pace than in recent months, according to the latest monthly CoStar Commercial Repeat Sale Indices. New supply levels have fallen considerably during the coronavirus pandemic, the report said…» |
Commercial Real Estate 10 Valley Commercial Real Estate Projects to Watch in 2021 2020 was a momentous year and one that had a dramatic impact on commercial real estate. Office and retail leases stalled, building sales halted and hotel projects were largely put on hold during the height of the Covid-19 pandemic. But that isn’t evident with the massive amount…» |
Ryan Companies Sells Building in Phoenix’s Tempe Office District A partnership of real estate private equity firm Ascentris and developer Cypress Office Properties bought a new office in Tempe, Arizona, one of Phoenix’s strongest and highest-profile office districts. Denver-based Ascentris and Cypress, based in San Diego…» |
ORION Sells 8.8 Acres in Chandler for $2.95M 8.8 acres at the southeast corner of Gilbert and Riggs roads in Chandler sold this past week for $2,950,000, which was above the original asking price. Judi Butterworth and Larry Kush of ORION Investment Real Estate represented the sellers,…» |