Commercial Real Estate & Business News – May 5, 2022

Amazon.com Inc., the undisputed king of the U.S. industrial market since well before the Covid-19 pandemic, may finally have reached max capacity on warehouse and fulfillment space Executives at the Seattle-based e-commerce giant in its…»

LPC Desert West, the Southwest arm of Dallas-based Lincoln Property Co., has completed a $53 million,140-acre land acquisition in Glendale, Arizona for its next mega metro Phoenix industrial project, Luke Field…»

Multifamily, industrial, retail, and office will all feel continued pressure, NAR says. Opinions are starting to pile up that commercial real estate will remain hot, prices will rise, and as a result cap rates fall. The National Association of Realtors released…»

Irvine, California-based Roll-Em-Up Taquitos, a popular taquito focused franchise, is expanding to Arizona with about 30 new locations. Its first two locations in the state will be in Goodyear, a fast-growing West Valley suburb of Phoenix, at…»

Today, Meta announced it is expanding the Meta Mesa Data Center with three new buildings. The campus, which was first announced in August 2021, will now include five buildings totaling more than 2.5 million square feet.This expansion raises…»