Commercial Real Estate & Business News – March 6, 2025

Fears that the economy might be slowing, or even headed for a recession, have been fueled by several newly released statistics and indicators over the past week. One shocker was the Federal Reserve Bank of Atlanta’s GDP forecast for the first quarter which predicts economic growth will be…»

Leases for roughly 800 Joann stores have gone up for auction as the chain becomes the latest U.S. retailer to liquidate and close up shop. Bids are being accepted for the store and industrial leases of Hudson, Ohio-based Joann, the specialty seller of crafts and sewing goods that filed for…»

Year after year, Arizona’s commercial real estate industry delivers top-tier projects that leave an enduring mark on the state. It is AZRE magazine’s privilege to commemorate the exacting work of the companies who build the projects that shape the future of Arizona with the 2025 RED…»

The GSA has unveiled a list of 443 federally owned properties deemed “not core to government operations” that are being put up for sale. This list includes high-profile buildings such as the headquarters of the Justice Department, Labor Department, and U.S. Census Bureau. GSA characterized…»

Scottsdale-based Porter Kyle is charging ahead with $175 million worth of townhome rental projects in the Valley even as the rest of the nation takes a pause in construction. Developers in other parts of the U.S. are already seeing an 80% drop in multifamily starts. Taylor Shultz, partner of…»