Commercial Real Estate & Business News – March 25, 2022

Health-advancing discoveries underway in Phoenix show promise that the cure for cancers comes through the city’s biosciences ecosystem.The reason is the 30-acre Downtown bio research and discovery campus located between…»
The Arizona Commerce Authority and the City of Glendale announced today that Williams-Sonoma, Inc., the world’s largest digital-first, design-led and sustainable home furnishings retailer, has leased a 1.25-million-square-foot facility in Glendale…»
Rising rents, spurred on by Phoenix’s great popularity right now, can cause Arizonans to rethink their living arrangements. As they factor accommodation costs into their budgets, many may be feeling the pinch regarding the amount of living space they have…»
Downtown Phoenix has gone from being an affordable area with only a few upscale apartments to one of the most expensive places to rent in the Valley in less than 20 years. The area has drawn more new high-cost apartment high rises than any other part of…»
Commercial real estate has long been regarded as an inflation hedge, but economists from Moody’s Analytics say that adage will be tested this month as the Fed begins the first in a series of expected rate hikes. “This is the Fed’s attempt to curb inflation that…»