Commercial Real Estate & Business News – October 11, 2021

With the holiday selling season up ahead, The Kroger Co. is doubling down in its second nationwide hybrid hiring event. Cincinnati-based Kroger said Wednesday that it aims to hire 20,000 associates in virtual and on-site interviews across…»
Apartment vacancies hit another historic low in September, declining to 2.7% for a fourth consecutive month of record-breaking lows. New lease demand in the year ending in September 2021 also increased by 50.5%, with…»
Equus Capital Partners, Ltd. (“Equus”), one of the nation’s leading real estate investment managers, has acquired a 74 property, 7.3 million square foot industrial portfolio located across the Phoenix and Tucson metropolitan areas in…»
While the continuing effects from the Covid-19 pandemic cause vacancies to increase in the Valley’s hottest office submarkets, industry experts still say there’s no cause for alarm. Leasing activity is percolating in both Tempe and downtown Phoenix, though for the most part space is…»
Before the coronavirus outbreak, the homebuilding industry was seeing a trend among new homebuyers looking for smaller, simpler spaces. However, the past year and a half has changed the way many people use their home, and in the process, it has changed home buying and…»