Commercial Real Estate & Business News – June 19, 2017

In its first large-scale push into brick-and-mortar retail, Amazon (Nasdaq: AMZN) announced it has agreed to buy Whole Foods Market, Inc. (Nasdaq:WFM) in an all-cash merger transaction valued at $13.7 billion. …»
Phoenix has been ranked third among the 20 hottest cities for available tech jobs now, according to ZipRecruiter and Money magazine. The top tech jobs in Phoenix are project manager, software engineer, software developer, data analyst and SQL developer, according to the article.…»

The $13.7 billion union of Inc. (Nasdaq: AMZN) and Whole Foods Market (Nasdaq: WFM) isn’t just hitting grocery rivals such as Kroger (NYSE: KR), Wal-Mart Stores (NYSE: WMT) and Sprouts Farmers Market (Nasdaq: SFM). …»

The first phase of a project that will fundamentally reshape the east end of the Arizona State University campus and help fund the university’s athletic department is under way. ASU and Oakland, California-based Catellus Development Corp., aim to develop 330 acres of ASU property…»
After taking a four-year break from buying apartments in the Phoenix area, Greystar Real Estate Partners LLC in Charleston, S.C. (Bob Faith, CEO) has returned to the Valley investment market. Greystar, one of the nation’s largest multi-family property owners, paid $54.4 million…»