Commercial Real Estate & Business News – November 10, 2021

The lack of affordable housing and the mounting resistance to multifamily housing development is creating serious heartburn in the Valley’s business community — among builders and employers alike — who view it as a risk to healthy economic growth. It’s been a thorny issue in…»
Gulfstream Aerospace Corp., one of the world’s leading private jet manufacturers, has chosen Mesa as a destination to build its West Coast maintenance, repair, and overhaul facility. The company, which is owned by General Dynamics Corp. (NYSE: GD), announced Tuesday morning that it would investing $70 million into a…»
McShane Construction Company was selected by repeat client Related Group to build Town Chandler. Located in Chandler, Arizona, the new garden-style community will offer 420 units. McShane is also currently underway with Manor Scottsdale in Scottsdale, Arizona for…»
New research shows that the number of companies willing to allow all employees to work remotely fell to 26% to 39% between March and September 2021 and 70% of survey respondents planned to institute policies that tighten up remote work eligibility and…»
More than 700,000 jobs will be created in Arizona in the next decade, another sign of Arizona’s economic prowess coming out of the pandemic. According to a new report from the Arizona Office of Economic Opportunity (OEO), which studies the state’s economy and…»