Commercial Real Estate & Business News – November 5, 2020

Target has Opened 30 Stores This Year — Here’s a Rundown
Target Corp.’s unique style is on full display in the 30 new stores it has opened this year, with safety a constant across all the locations. “We’ve built in the very latest in safety measures to these new locations, including hand sanitizer stations, plexiglass checkout shields and signage…»
Tucson Multifamily Investment Through October Surpasses Total Volume Recorded in 2019
Apartment investment activity has accelerated in Tucson, Arizona, despite the ongoing pandemic. Multifamily sales volume through October has surpassed the total recorded during all of 2019.The market’s resilience and substantial rent gains…»
Arizona Awarded 7 InLuxury Senior Community Opens in Suburban Phoenixentive Grants to Create 5,000 New Jobsin 2020, Report Shows
Acoya Scottsdale at Troon, a 135-unit, luxury senior living community developed by a joint venture of Ryan Cos. US Inc., Cadence Living and Starwood Capital Group, has opened in Scottsdale, Ariz. The property offers assisted and independent living options…»
Banner Ocotillo Medical Center Opens in Chandler
Banner Health‘s newest hospital, Banner Ocotillo Medical Center, will open at 8 a.m. Nov. 2, making it the first new Banner hospital since 2010, when Banner Ironwood Medical Center opened in Queen Creek. Starting with 124 patient beds, Banner Ocotillo is designed…»
Latest Sam Fox Restaurant Opening Breaks Record, Even Amid Pandemic
One of the Valley’s most prominent restaurateurs was able to break records when opening a new restaurant in mid-October. The latest location of Sam Fox’s Culinary Dropout opened in the Scottsdale Quarter shopping center. Fox Restaurant…»