Commercial Real Estate & Business News – November 2, 2021

While the outlook for the office market remains uncertain, a look at one real estate investment trust’s third-quarter earnings shows some signs of a potentially better-than-expected recovery in the Sun Belt. Leaders at Cousins Properties, an…»
From Broadway lights to bustling offices, big cities are back – and so are surging downtown rental prices. Following sharp declines during the pandemic, September data shows rents in the 10 biggest U.S. tech cities like Austin and…»
Scottsdale-based restaurant company Concept Entertainment Group Hospitality plans to open its largest Thirsty Lion Gastropub in the state next year. Its fifth location in Arizona will include 9,800 square feet between two stories located on a site next to the…»
PHOENIX – The state of Arizona announced a new program Monday to assist homeowners experiencing financial hardships with nearly $200 million in federal funds.“This is direct and immediate aid,” Arizona Department of Housing Director Tom Simplot said in a…»
Nationwide, 30.2% of Redfin.com users looked to move to a different metropolitan area in the third quarter of 2021, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. And when it comes to where they’re…»