Commercial Real Estate & Business News – May 26, 2022

Ranking Arizona: Top 10 Brokerage Firms for 2022

Here are the Top 10 commercial real estate brokerage firms in Arizona, based on public voting for the 2022 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona is based purely on…»

Chicago Multifamily Investor To Build Its First Development in Greater Phoenix


Multifamily developer 29th Street Capital bought 20 acres for a planned single-family rental project in Apache Junction, Arizona, as the firm expands its footprint in greater Phoenix with its first development project. The Chicago-based developer paid…»

US Retail Winners, Losers Start To Emerge Under High Inflation



Last week offered a startling look, which set off a plummet on Wall Street, at how the highest inflation in more than 40 years is dragging down some of the nation’s biggest retail chains. In a series of first-quarter earnings releases, companies and major users of…»

Massive 200- Acre Mixed-Use Project Proposed Near Valley Entertainment District

The city of Glendale is looking to transform a massive property next to its sports and entertainment district into a master-planned development with office, retail, hotel, commercial and high-density housing.…»

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…»