Commercial Real Estate & Business News – June 17, 2020

Future of Investing Goes to Second-Tier Cities and College Towns
Investors and fund managers are seeing that buyers and renters are moving to second or third-tier cities, according to SEI/Prequin’s 2020 Survey of Real Estate Managers and Investors on the future of real estate investment. Just over 60% of investors and just over 40% of fund managers indicated that there has…»
Will COVID-19 Business Crisis Be ‘Over and Done With’ In 6 Months?
New data provides a look into the leasing market for some retail and service companies. Scottsdale-based Store Capital is a real estate investment trust focused on more than 2,500 single tenant properties across the country – think restaurants, health clubs and child care centers…»
The First Half of 2020 Was a Doozy – Here’s What Investors Should Watch for in the Next 6 Months
The coronavirus outbreak, economy-closing orders to contain it and unprecedented government stimulus efforts to reverse the financial fallout changed the outlook dramatically. If you didn’t pay much attention to investment forecasts at the start of the year, good for you. With the economy…»
Were OZ Deals Slow Out of the Gate?
While some confusion with guidance around Opportunity Zones hampered the rollout of the program, it was not the only issue with the program’s start. Mismatched expectations between buyers and sellers also torpedoed deals. “A lot of those land and building owners are sitting there saying…»
Phoenix Developer Begins Glendale Industrial Complex
LGE Design Build and developer Creation have begun construction on a 388,621-square-foot industrial and office complex in Glendale. The Northern 101 Commerce Center will include four buildings on a 30-acre site west of Loop 10…»