Commercial Real Estate & Business News – May 30, 2023

Three national homebuilders are working their way through planning and zoning to add 2,700 more homes in Surprise. Last summer, they chipped in to pay $111.7 million for an 836-acre parcel of vacant land at the Asante master-planned community near…»

LAS VEGAS—In the world of retail, where trends come and go, one thing remains constant: the momentum of leasing and expansion. Brandon L. Singer, the chief executive and co-founder of MONA, a leading real estate firm, shares his optimism about the…»

Various reports targeting the single-tenant net lease arena focused on two themes. First, cap rates did increase during the first part of 2023. And second, while transactions declined during the same period, investors still liked the sector. Higher Cap Rates, Fewer…»

A broadening variety of retail entertainment concepts beckons consumers—and therefore operators, developers and investors, too—but even though entertainment spending is growing, numerous obstacles need to be navigated, according to a new report from…»

Scottsdale Quarter, a shopping center known for its high-end offerings, will soon be home to a new mini golf concept that targets an upscale adult audience.Puttshack will open June 14 in a two-story, 25,000-square-foot space at the southeast corner…»