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Commercial Real Estate & Business News – November 30, 2021

Black Friday foot traffic at U.S. malls, while off compared to prior years, displayed impressive year-over-year gains, according to data firm Placer.ai. Traffic was up 83.5% at indoor malls and 44% at outdoor malls from…»
The calendar year is rapidly drawing to a close, and society is moving closer to pre-pandemic normalcy. As 2022 approaches, we expect a combination of more-of-the-same trendlines punctuated with a few new developments that…»
Investors are betting on Amazon’s logistics facilities across the country, and three warehouses in greater Phoenix and Tucson, Arizona, were scooped up in a pair of transactions. Los Angeles-based real estate firm Preylock Holdings bought a…»
ATTOM, curator of the nation’s premier property database, today released its third-quarter 2021 U.S. Home Equity & Underwater Report, which shows that 39.5 percent of mortgaged residential properties in the United States were…»
For years, staff at Mesa City Hall hated to hear the word “potential” in reference to the city’s downtown.Whether it was the vacant lots or empty commercial buildings, the strip along Main Street between Country Club and…»