Commercial Real Estate & Business News – May 8, 2017

Retail REITs have been hitting back against the onslaught of negative retail headlines and analyst sentiments during the current round of quarterly earnings conference calls…»
While industrial is not the sexiest type of real estate, it is certainly a darling of investors. There are several reasons for today’s hot industrial marketplace …»

Continuing with its strategy to purchase and reposition value-added properties in the Valley, a joint venture formed by ViaWest Properties LLC in Phoenix paid $29.82 million to buy The Monroe Building…»

Scottsdale-based Healthcare Trust of America Inc. (NYSE:HTA) is looking to purchase a $2.75 billion, 6.1 million-square-foot medical office portfolio from Indiana-based Duke Realty Corporation. …»


Baseball hall of famers George Brett and Ryne Sandberg, PGA golfer Pat Perez, NFL defensive end Jared Allen, as well as hundreds of company executives, lawyers and doctors have bought and sold million-dollar homes in metro Phoenix’s poshest neighborhoods this year. …»