Commercial Real Estate & Business News – May 7, 2021

Phoenix has maintained its ranking as the top metropolitan area in the nation for net migration for a third consecutive year, according to the latest data from the U.S. Census Bureau. Multifamily landlords and homeowners welcomed the nearly 89,000 people who moved…»
U-Haul customers have spoken, well actually thousands have moved, and Arizona is among the top 5 destinations for one-way moving trucks. Trends data compiled from more than two million one-way U-Haul truck customer transactions in 2020 found Tennessee, Texas, Florida,…»
Coming off the major success of Maple & Ash – a high-end steakhouse at the Scottsdale Waterfront – Chicago-based hospitality group What If Syndicate is now set to open another restaurant in Scottsdale. What If Syndicate, which is led by two-time Michelin-starred Chef…»
Meal kit company HelloFresh leased a 440,000-square-foot-distribution center in southwest Phoenix, which will become the company’s largest distribution and fulfillment center in the world. HelloFresh leased Prologis Logistics Center IV, at 1850 S. 71st Ave. and will begin operations…»
Who won the tug-of-war between the nation’s health and economy? States that lifted business restrictions early during the COVID-19 pandemic benefited from a boost in economic activity, but those gains were limited or short-lived, as other states often caught up within a month,…»