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Commercial Real Estate & Business News – November 29, 2023

2024 PTK Spotlight: Team Eggman

Every year, AZ Big Media, which publishes both PTK and AZRE magazines selects Arizona’s top people and projects to showcase in its premier commercial real estate magazine — PTK — from an impressive and competitive nomination pool. Each day we will highlight 20 different categories…»

Two Valley Cities Among Top Destinations for New Gen X Residents, Report Says

One Valley city is the nation’s top destination for Generation X movers, and another Arizona municipality is among the top five, according to a new analysis of U.S. Census numbers from SmartAsset. The Gen X report found Surprise had the highest percentage of Gen Xers among new residents…»

Single-Family Rental Home Property Sells for $25.6 Million in Goodyear, Arizona

Phoenix-based Curve Development, a full-service real estate development company with experience in production homes, multifamily residences, commercial and institutional developments, last month sold Cyrene at Estrella, a 64-unit build-to-rent home property. The Goodyear, Arizona…»

Metro Phoenix Renters are Finding More Deals via Landlord Concessions

More Valley landlords are offering renters concessions, including a free month or two of rent or at least parking. In October, 45% of Phoenix-area apartments listed for lease included some kind of deal, according to a new survey from real estate firm Zillow. In October 2022, about 30%…»

Development at Steele Indian School Park Poised to Move Forward After Long Delay

An ambitious project on a long-vacant parcel of land in one of the Valley’s most prime locations could soon be moving forward. Driving the news: Pivotal Group, a Phoenix-based company that’s developing the property, is seeking city approval for The Central Park, a mixed-use…»