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Commercial Real Estate & Business News – May 31, 2022

Sun Belt Cities Lead Population Gains, Productivity and Output Rise, Weekly Jobless Claims Fall

States in the West and South still have the nation’s fastest-growing cities, underscoring a familiar trend of the past two decades as people and companies seek out lower living costs. States including Arizona, Texas and Florida dominate the…»

What Inflation May Mean for CRE Values

 

The markets have become “choppier and murkier” as inflation and rates rise, according to a new analysis from a trio of Cushman & Wakefield economists. “History suggests that CRE markets have been largely resilient to higher inflation and rising rate environments as long as…»

Prologis Phoenix Project Moves Forward

 

 

Prologis has, once again, big development plans for Goodyear, Ariz., and recently received the local authorities’ support. The Goodyear city council approved the designation of the 113-acre Prologis 303 Business Park as a magnet site within the…»

Breaking Down the First Quarter Commercial Real Estate Investment Numbers

After a record breaking fourth quarter in 2021, the momentum continued into the first quarter of 2022 with a 45 percent year-over-year increase in U.S. commercial real estate investment volume. What has influenced these numbers and what does…»

U.S. GDP Growth Slips into Negative Territory

Real GDP decreased at an annual rate of 1.5% in the first quarter of 2022, according to the Commerce Department’s Bureau of Economic Analysis. The decline was steeper than the 1.3% estimated by Dow Jones. In 2021’s fourth quarter, real GDP increased…»