Commercial Real Estate & Business News – July 6, 2015

Americans are picking up and moving again as the recession fades, personal finances improve and housing markets recover. Counties in Nevada, Arizona, eastern California and Tennessee also saw some of the nation’s biggest growth in movers last year… Read more »
Would you rather have a B or a C than an A? Not likely in academics. Probably not likely in restaurant sanitation grades either. But how about in apartment investing? While B and C properties are often not the most aesthetically pleasing, there are compelling reasons why they present excellent investment opportunities, possibly even better than does Class A, for the next few years… Read more »
International real estate firm Hines has commenced construction on the infrastructure at Chandler Viridian and is moving forward with the design of the Class-A, six-story office building for the mixed-use property’s master plan development. Chandler Viridian, located at the northwest corner of the Loop 101/Loop 202 interchange in the heart of the Price Corridor in Chandler, will include a central plaza with 240KSF of Class-A office space, a luxury multifamily complex, a modern brand hotel, and retail options along with a pedestrian promenade to the Chandler Fashion Center… Read more »
The US farmland market has outperformed other US real estate assets over the past 15 years recording an average total return of 13% for agricultural investment properties, a new analysis shows. This performance has been boosted over the last three years by high commodity prices, according to the analysis report form international real estate advisor Savills. It points out that while not immune to volatility, the farmland market has not been affected to the same degree as the residential and commercial property sectors… Read more »
According to the business improvement plan newsletter, a Business Improvement District is a plan that allows property owners to gather resources and provide services beyond those provided by government to improve their district through a self-imposed and self-governed property assessment. More than 1,500 BIDs with a renewal rate of 95 percent have been formed in North America… Read more »