Commercial Real Estate & Business News – March 10, 2014

Limited Availability Driving Development

The Rockefeller Group announces that it is building an 82,000- square-foot flex/office building on 8.2 acres within the campus. The building is anticipated to be completed in mid-2014 and is the company’s second spec building to be constructed in Chandler Corporate Center. Chandler Corporate Center is a master-planned business park at the northwest corner of McClintock Drive and Chandler Boulevard… Read more

Influx of Commercial Real Estate Lending Expected in 2014

After three years of momentum building in commercial property lending, analysts are projecting that institutional lenders will place what could be record amounts of capital into commercial real estate in 2014. Commercial property lending is fundamentally strong, and lenders still maintain disciplined underwriting standards… Read more

Scottsdale Residential Projects To Begin To Spring Up Near Valley Ho

Multiple residential projects will be under construction this year in the area surrounding downtown Scottsdale’s historic Hotel Valley Ho. The latest project is First Avenue Townhomes, to be built at the southeastern corner of 69th Street and First Avenue. The residential project includes six two-story units. The project is being developed by Phoenix-based Venue Projects… Read more

Spring 2014: Will Retail Break Free from the Web?

The sharp rise in e-tailing and its game-changing impact has created a new normal in the retail real estate sector. Major national retailers are evolving their strategies in an effort to “survive and thrive” in this new market dynamic… Read more

Housing Prices at a Four-Year High

What a difference a year makes – if you’re on the West Coast or in Florida. Compared to this time in 2013, inventory levels in many of the California, Arizona, Nevada, and Florida metros we survey for Movoto Real Estate’s monthly State of the Real Estate Market report are up significantly. At the same time, pretty much everywhere else in the country… Read more