Commercial Real Estate & Business News – November 23, 2021

Arizona has consistently been among the top five fastest-growing states in the nation. Aptly so, it’s no surprise that despite the economic impact that the pandemic has played across the nation, the state has remained on…»
Developers have broken ground on three speculative warehouses at the Gilbert Spectrum industrial park in Phoenix’s Gilbert suburb, wagering the region’s growth as a hub for warehousing and logistics will be ongoing. GID Investment Advisors, based in…»
Confidence in the market for new multifamily housing picked back up in the third quarter, according to the National Association of Home Builders’ (NAHB’s) Multifamily Market Survey. The Multifamily Production Index (MPI) increased five points to 53 compared with…»
As the revitalized Park Central continues to grow and expand, it’s also expanding its footprint as an arts hub in the Valley.Park Central has already hosted dozens of visual and performing arts events over the past few years, and is adding…»
Valley Land Group, a new Phoenix-based land investment and development company, announced today the closure of a 321-acre property in Casa Grande, Ariz. for $23 million. This property is the largest parcel ever purchased for the…»