Commercial Real Estate & Business News – July 15, 2022

It is becoming almost unanimous among apartment rent forecasters that what has been a strong rent growth run across most of the country in the past two years is starting to moderate. To name one example, CoStar just predicted that…»

Today, Mekong Real Estate Investment Group, owner of Mekong Plaza located in Mesa’s Asian District, broke ground on a more than 35,000-square-foot expansion of Mekong Plaza at the southwest corner of Main Street and Dobson Road…»

Inflation continues to climb at the national level, and it’s still running hotter in metro Phoenix than any other big city.Metro Phoenix inflation hit 12.3% over the 12 months ending in June, the federal Bureau of Labor Statistics reported…»

Virgin Galactic Holdings, an aerospace and space travel company, today announced it has signed a long-term lease for a new final assembly manufacturing facility for its next-generation Delta class spaceships. Located in Mesa, Greater Phoenix area, adjacent to…»

Up for Growth, a cross-sector member network committed to solving the nation’s housing shortage and affordability crisis through data-driven research and evidence-based policy, today released a groundbreaking report that finds housing underproduction in…»