Commercial Real Estate & Business News – June 11, 2021

The pandemic has upended the meaning of home, and prompted many of us to rethink how and where we want to live. A new Zillow survey of inbound moves and outbound moves finds more than 1 in 10 Americans (11%) say they have already moved in the past year…»
A Mattel-branded theme park with Hot Wheels and Thomas the Tank Engine attractions is planned alongside Crystal Lagoons Island Resort, a massive water park flanked by hotels, restaurants and entertainment, in Glendale’s sports and entertainment district…»
Westmount Realty Capital LLC has purchased Mountain Vista Commerce Center, a three-building flex complex in the Ahwatukee Foothills neighborhood of Phoenix’s Southeast Valley. The Dallas-based investor acquired the three-building complex from Northstar Commercial Partners…»
A new “boots on the ground” effort will help small businesses hurt by the pandemic, the city’s economic development director, Christine Mackay, said Tuesday. During Tuesday’s City Council meeting, members approved a variety of ways to spend $193 million...»
Oak Street Health Inc. said it will expand and likely lease facilities in Arizona next year. The Chicago-based network of clinics for Medicare beneficiaries (NYSE: OSH) said it will begin operations in Phoenix and Tucson in 2022…»