Commercial Real Estate & Business News – November 9, 2017

Investment sales got off to a slow start in 2017, setting the tone for what will likely be a slump in overall transaction volume by year-end, according to industry experts. However, the slowdown in sales does not portend major trouble, as 2017 will still end with historically high deal volume. Rather, this year’s figures seem low compared to the banner years of 2015 and 2016…»

USAA plans to add 1,000 new technology jobs to its Phoenix office between now and the end of 2020, the company announced today. The San Antonio-based insurance, banking, investment and retirement products company opened a north Phoenix office off Interstate 17 and Happy Valley Road in 2001 and has 4,500 local employees.…»

A huge swath of land on the western edge of metro Phoenix has drawn an $80 million investment from Microsoft founder Bill Gates’ investment group, a move that could change the region’s future growth. A group controlled by billionaire Gates’ Cascade Investment LLC recently bought…»

Arizona State hockey. Professional soccer. Goat yoga. If ASU administrators have their way, all three will find a home in Sun Devil Stadium soon. “There’s a reason why we beat MIT and Stanford three years in a row, and it’s going to be four and five,”…»

Build-your-own pizza chain Fired Pie has received $2.7 million in a funding package to further expand its ever-growing portfolio of restaurants. The funding package from BBVA/Compass Bank will allow Fired Pie, which already has 18 locations, to open up to another five over the next year. Those restaurants could open in and outside of Arizona…»