Commercial Real Estate & Business News – November 30, 2022

Although Arizona recovered its lost jobs from the Covid-19 pandemic faster than other states, many West Valley employers say they still face hiring challenges due to a lack of skilled workers, competition with other businesses and people “ghosting”…»

The ownership of the Esplanade office buildings have announced plans to fully renovate and upgrade the renowned and prestigious four building campus. Located at 2425, 2525, 2575, and 2555 E. Camelback Rd. in the Biltmore area, the…»

Deal flow is slowing in the healthcare sector – but a “tidal wave” of equity will hit soon the market, according to one executive. “With all the money raised on the sidelines, we expect to see an ebb over the next 6 to 12 months and eventual tidal wave flow of…»

A California company entered Arizona with a top-dollar purchase of four senior housing properties, the latest sign of record demand from an aging population for a type of real estate strongly rebounding from pandemic declines. Clearwater Living, based in…»

The proposed $24.6 billion acquisition-merger between supermarket giants Kroger and Albertsons could result in a national wave of store closures and selloffs as the grocers look to head off regulatory concerns about competitive balance. The shakeouts could be...»