Commercial Real Estate & Business News – March 10, 2017

President Trump sat down with business leaders this week to discuss his proposed $1 trillion infrastructure rebuilding package with commercial property executives and analysts hopeful to learn specifics on the President’s economic stimulus programs. …»
Fry’s Food Stores is seeking to hire more than 1,000 people in Arizona as the retailer adds more stores and shopping services. With an upcoming Fry’s opening in north Phoenix, the company will have 123 Arizona locations. It opened six Arizona stores last year.…»

Most survey respondents said the level of development is about right for the sector, with very little fear that too much space is being built. In this year’s survey, 58 percent said the level of development is the right amount. …»

Inside a small, nondescript suite of an office park in Scottsdale sits some of the rarest and most valuable objects in the world: dinosaur fossils, ancient minerals, pre-Columbian weaponry and even a piece of Mars. There’s no sign on the door and the windows are tinted…»
Staples Inc. suffered its worst stock decline in almost seven months after the company posted disappointing results and announced plans to shutter 70 stores in North America. Same-store sales in the region declined 7 percent during the fourth quarter…»