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Commercial Real Estate & Business News – March 9, 2020

4.5M SF Park303 Breaks Ground in Glendale
NAIOP Arizona Owner/Developer of the Year Lincoln Property Company (LPC) joined with local dignitaries and guests today to break ground on the first building at Park303, a major industrial master-planned development that at build-out will accommodate up to 4.5 million…»
Valley Economic Development Directors, Brokers Talk Future of Tech Sector
Downtown Tempe, the Chandler Price Corridor, downtown Phoenix and south Scottsdale are the hottest Phoenix tech submarkets, according to CBRE and Greater Phoenix Economic Council’s “The Greater Phoenix Tech Story” report. The four economic development directors…»
Phoenix is Among the Best State Capitals for Renters
State capitals are not just dull administrative hubs. At least not anymore. In fact, some state capitals boast outstanding rent-to-income ratios, very low crime rates, and impressive shares of high-end apartments. In its most recent RENTCafe, researchers ranked the state capitals by factoring…»
Coronavirus Seen As Threat for Open Offices, Survey Finds
The coronavirus outbreak is resurrecting health concerns among the general public about not only coworking facilities but open offices that foster close physical proximity to colleagues, fellow entrepreneurs and freelancers to promote collaboration and the exchange…»
Pomo Pizza Becomes Newest Casual Dining Concept
Pomo Restaurant Group’s Pomo Pizzeria and Luna Gelateria, has announced its newest casual dining concept, Pomo Pizza. The restaurant is a spinoff of the wildly popular Pomo Pizzeria and will specialize in Pinsa, Pizza Romana and classic-style pizza. The restaurant…»