nick@nickminer.com  480-612-0384

Commercial Real Estate & Business News – March 13, 2014

Industrial Space Demand Could Approach Record Levels in 2014

A new report released by the NAIOP Research Foundation says that net demand for industrial space could reach 250 million square feet in 2014, surpassing the near-record level of 233 million square feet set in 2013. This significant level of absorption is due to the expected return of housing construction, which requires warehouse space for building materials… Read more

Distressed Property Sales Remains a Hot Little Market Unto Itself

Based on CoStar’s tracking of more than 125,000 repeat sales since 1996, the percentage of total observed paired CRE property sales that closed in January 2014 and were classified as distress sales dipped below 10% of all sales; this is down sharply from a peak of 35% in October 2010. Importantly though, this doesn’t mean the market for distressed property sales isn’t active unto itself… Read more

Banner MD Anderson Set For Major Expansion April 1

Banner MD Anderson Cancer Center will open the second phase of its outpatient facility on April 1, a major addition which will greatly expand specialty cancer treatment services and prevention programs in Arizona. The three-story addition includes The James M. Cox Center for Cancer Prevention and Integrative Oncology, additional clinic and infusion space, a separate hematology/stem cell transplant clinic, and… Read more

Senators Outline Plan to Phase Out Fannie Mae and Freddie Mac

Senate Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Michael Crapo (R-ID) announced a bipartisan agreement covering wide-ranging housing finance reform in a proposal that, if fully enacted, would rewrite how the nation’s housing capital markets work… Read more

Liberty Signs Power-One for 105 KSF, Brings Sky Harbor Center to Full Occupancy

Power-One Renewable Energy Solutions has signed a long-term lease with Liberty Property Trust for 105,000 square feet at Liberty Sky Harbor Center in Phoenix. The agreement brings the complex, which opened last year after a complete makeover and re-branding, to 100 percent occupancy. Power-One, a member of ABB Group, is a leading provider of renewable energy and energy-efficient power conversion… Read more

Industrial Space Demand Could Approach Record Levels in 2014

A new report released by the NAIOP Research Foundation says that net demand for industrial space could reach 250 million square feet in 2014, surpassing the near-record level of 233 million square feet set in 2013. This significant level of absorption is due to the expected return of housing construction, which requires warehouse space for building materials… Read more

Distressed Property Sales Remains a Hot Little Market Unto Itself

Based on CoStar’s tracking of more than 125,000 repeat sales since 1996, the percentage of total observed paired CRE property sales that closed in January 2014 and were classified as distress sales dipped below 10% of all sales; this is down sharply from a peak of 35% in October 2010. Importantly though, this doesn’t mean the market for distressed property sales isn’t active unto itself… Read more

Banner MD Anderson Set For Major Expansion April 1

Banner MD Anderson Cancer Center will open the second phase of its outpatient facility on April 1, a major addition which will greatly expand specialty cancer treatment services and prevention programs in Arizona. The three-story addition includes The James M. Cox Center for Cancer Prevention and Integrative Oncology, additional clinic and infusion space, a separate hematology/stem cell transplant clinic, and… Read more

Senators Outline Plan to Phase Out Fannie Mae and Freddie Mac

Senate Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Michael Crapo (R-ID) announced a bipartisan agreement covering wide-ranging housing finance reform in a proposal that, if fully enacted, would rewrite how the nation’s housing capital markets work… Read more

Liberty Signs Power-One for 105 KSF, Brings Sky Harbor Center to Full Occupancy

Power-One Renewable Energy Solutions has signed a long-term lease with Liberty Property Trust for 105,000 square feet at Liberty Sky Harbor Center in Phoenix. The agreement brings the complex, which opened last year after a complete makeover and re-branding, to 100 percent occupancy. Power-One, a member of ABB Group, is a leading provider of renewable energy and energy-efficient power conversion… Read more

For more information from an ORION representative,
please contact (480) 634-6934 or email info@ORIONprop.com

ORION Investment Real Estate
The Scottsdale Waterfront | 7135 East Camelback Road, Suite 202 | Scottsdale, AZ 85251

www.ORIONprop.com