Commercial Real Estate & Business News – July 21, 2022

A Dose of Reality in the Warehouse Space

Industrial, and especially logistics and warehouses, was one of the big winners of the pandemic. It’s still going strong, but expect some changes soon, according to executives at Prologis in its quarterly earnings call. The company saw…»

Salad and Go Wants to Open More Than 100 New Stores in Less Than 18 Months


Salad and Go, the Valley-based drive-thru restaurant brand, has major growth plans under its new CEO.Charlie Morrison, the former chairman and CEO of Wingstop, took over as CEO of Salad and Go earlier this year. He had been on the…»

Oklahoma City Investment Firm Buys Camelback Corridor Office Building in Record Sale

More than 115,000 square feet have traded hands in a historic deal for a Phoenix office building.Oklahoma City-based Humphreys Capital purchased Camelback Collective, located in Phoenix’s Camelback Corridor for $66.35 million…»

Class A Multifamily Tenants Face Highest Rent Increases

While higher-income renters are facing the largest percentage increases in rent, lower-income renters are paying a larger share of their income toward rent, according to a new research report issued this week by RealPage. It’s…»

US Office Market Remains Flat in Q2 as Inflation, Broader Economy Could Temper Leasing Activity

The national office-market recovery continues to remain stagnant amid rising inflation and economic headwinds.Leasing activity was flat in the second quarter nationally, totaling 47.2 million square feet — or a 0.1% increase from…»