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Commercial Real Estate & Business News – May 27, 2022

HAVE A HAPPY AND SAFE MEMORIAL DAY WEEKENED!

Circle K is Selling Nearly a Dozen Valley Stores. Here’s The List

Circle K Stores Inc. has listed 14 stores in Arizona for sale.The Tempe-based convenience store chain is selling off assets in order to “optimize its portfolio.” Back in 2021, Circle K’s parent company, Quebec-based…»

Scottsdale Renters Get Most Personal Space in the Valley

 

The latest RentCafe research looks at how much apartment space each renter gets to themselves — and Scottsdale renters get the most space in the Valley. In the Phoenix metro, the big city itself is surpassed…»

Former Goodwill Executive Launches Real Estate Development Firm, Buys First Property in Pinal County

 

 

A new real estate development company founded by a longtime executive at Goodwill of Central & Northern Arizona, closed Friday on its first property. The Shops at Apache Junction, a 62,000-square-foot retail center near the…»

Frank Crivello of Milwaukee’s Phoenix Investors: US Markets Where You Can Still Afford a Warehouse

The cost of renting a warehouse in the U.S. has skyrocketed in the past two years, while vacancy has plummeted to record lows. A booming e-commerce sector, reshoring manufacturers, and other contributing factors have kept…»

Indoor Pickleball Venue Opens in East Valley; 6 Other Real Estate Deals to Know

Pickleball Kingdom is now open in a former Gold’s Gym location at 4950 W. Ray Road in Chandler. The facility offers 15 indoor pickleball courts. Mike Rodrigues, who is also the co-founder of Chandler-based…»