Commercial Real Estate & Business News – May 21, 2021

There is no debating the fact that 2020 was a tough year for business. Jobs were lost. Businesses were shuttered. Some companies were forced to pivot, then pivot again, and then pivot again. Even with the challenges the COVID-19 pandemic presented,…»

2021 is already shaping up to be a strong year for commercial real estate in Downtown Phoenix as RED Development today announced it has signed Snell & Wilmer, the largest law firm in Arizona, as a new office tenant at CityScape Phoenix, bringing…»

The Centers for Disease Control and Prevention’s latest guidance about masks has divided retailers — and their customers — with some in favor of a return to maskless shopping and others maintaining their social distancing and mask mandates. The…»

Phoenix is one of the hottest real estate markets in the country, and buyer demand refuses to die down despite increasing home prices. The Phoenix metro area is down to an eight-day supply of available housing when it usually has a six-month…»

The housing market is looking extremely strong for the Phoenix area in 2021. Realtor.com’s most recent forecast predicts home sales in the Valley will jump 11.4% over last year’s levels, which is more than the national average. The combination of…»