Commercial Real Estate & Business News – March 20, 2024

Only These Two Non-Texas Counties Cracked the Top 10 for Population Growth Last Year

Recently released data from the U.S. Census Bureau reiterated Texas’ demographic dominance. According to the bureau’s 2023 Vintage Population Estimates, the Lone Star State had eight of the top 10 fastest-growing counties in the United States from July 1, 2022, to July 1, 2023. That…»

Phoenix Ranks as the Second-Largest Data Center Market in the U.S.

Metro Phoenix prevails as the second-largest data center market in the nation, according to JLL’s new H2 2023 North American Data Center Report. Bolstered by its availability and affordability of power, and its available land for new development, the market during the second half...»

ASU & Deca Technologies Team Up For First Such Microchip Research in North America

Semiconductor manufacturing isn’t just about making the increasingly small chips that power all sorts of applications. It’s also about connecting them and protecting them, which describes the packaging process. To this end, Arizona State University and Deca Technologies…»

Arizona’s Semiconductor Industry: 13,000 Jobs Added, $65B Invested Since 2020

Since January 2020, 35 companies in the semiconductor industry have announced plans to expand or relocate to Arizona, representing $65 billion in investment, according to data from the Arizona Commerce Authority. Those companies include massive fabrication facilities, like…»

Phoenix Considers Entertainment District Around Convention Center

After many years of adding residents, restaurants and high-rises in downtown Phoenix, leaders are envisioning the next wave of economic development. And it will likely include a convention center expansion and a new entertainment district. In February, more than 3,500 people…»