Commercial Real Estate & Business News – June 2, 2022

Thompson Thrift Commercial Announces Sale of Sonoran Creek Marketplace Near Phoenix

PHOENIX, June 1, 2022 /PRNewswire/ — Thompson Thrift Commercial, a wholly-owned company of Indianapolis-based Thompson Thrift, announced today the sale of Sonoran Creek Marketplace, a…»

Office Sector Stabilizes on Demand for Class A Space


Companies seeking Class A office space are leading a stabilization of the commercial office market after the shock of the pandemic, according to the newest NAIOP Office Space Demand Forecast. Although the first quarter saw…»

Industrial Market Pulling Ahead Despite Headwinds

The U.S. industrial market continues to display strong fundamentals, coupled with increased consumer spending and ongoing job growth, keeping the industry resilient in the face of inflationary pressures, rising construction costs, limited availability of…»

Retail Has History on Its Side as Industry Works To Recover From COVID Disruption, JLL Executive Says

The retail recovery underway is no surprise to a top executive at JLL, who says the industry has proven its resiliency in economic turmoil, even before the business disruptions from the pandemic…»

Rising Interest Rates and Inflation to Fuel Change in Property Markets

Beginning in the fourth quarter of 2020, commercial real estate buyers and sellers moved off the sidelines and began fueling an impressive investment sales rebound as many pandemic-related lockdowns and restrictions eased or ended…»