Commercial Real Estate & Business News – March 1, 2022

Linda Fritz-Salazar and Angelessa Ritchie of ORION Investment Real Estate represented Liv Communities in the land transaction. “This site is ideally located being just a few miles south of the Arizona Cardinals stadium and Crystal Lagoons Water Park, which is…»
While the Phoenix office market softened a bit going into Q4 2021, there are still reasons to be hopeful, according to a report from Transwestern Real Estate Services. The office market showed positive net absorption in Q4 for the first time since the onset of…»
The U.S. Census Bureau recently released data covering five years of migration patterns from its 2020 American Community Survey. Topping the list for new Phoenicians was the Los Angeles-Long Beach-Anaheim, California metro area. More people moved into…»
Sales of smaller commercial properties — defined as those valued at between $5 million to $25 — million doubled last year, according to new analysis from Green Street. The multifamily and industrial sectors were primary drivers of growth in the…»
The rapid rise in commercial property prices late last year lost pace in January in what is typically a slower period for sales, according to the latest CoStar data. Transaction volume fell to its lowest level in eight months, according to the CoStar Commercial Repeat Sale…»