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Commercial Real Estate & Business News – May 18, 2022

May 18, 2022 by Nick Miner, CCIM   No comments   Filed Under: Daily News

Phoenix Ranks No. 2 for Industrial Development Growth in 2022

A new report from ComercialSearch, a commercial listing platform, finds that Phoenix ranks second nationally for industrial development growth in 2022. The firm recently sorted industrial property figures from…»

$600 Million Gas Plant Planned to Support Phoenix Semiconductor Manufacturing Facility

 

Major industrial gas company Linde PLC (NYSE: LIN) is planning to invest $600 million for a plant to support the massive Taiwan Semiconductor Manufacturing Co. facility in Phoenix. Last fall, the company announced it had…»

Chandler Becomes the Most Expensive City in Arizona to Rent a 2-Bedroom Apartment

 

 

CHANDLER (3TV/CBS 5) – According to a new study, Chandler is overtaking Scottsdale as one of the most expensive places for apartment renters. It’s no surprise that Arizona is experiencing a tight rental market sending rental prices…»

Multifamily Price Appreciation Outpaces Rent Growth, Analysis Shows

Real estate investors are sweet on multifamily – so much so that they have increasingly been willing to pay more for it than ever before, especially in certain circumstances. Whether that demand can continue or a…»

Glendale and Tempe Plan to Build Affordable Apartment Complexes as Rents Soar. Here’s How

An apartment complex with more affordable rent is planned in Glendale using COVID-19 related federal funds and a new Arizona low-income housing tax credit. It’s an example of the…»

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Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

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