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Commercial Real Estate & Business News – October 11, 2022

5 Metro Phoenix Hot Spots For Real Estate Development

Short- and longer-term data is showing that rent growth in the suburbs has been outpacing that of urban markets since the pandemic – and even the year before that, according to Apartment List. Across 39 large and medium-sized metropolitan areas, Apartment List found that since…»

Scannell Plans 2M SF Mixed-Use Business Park in Phoenix

 

Scannell Properties will build a 2M SF mixed-use business park on a 166-acre site adjacent to the Phoenix-Mesa Gateway Airport. The project, known as Mesa Gateway 2, will include industrial and office space as well as future build-to-suit buildings and retail space. It was approved this month…»

33 New Restaurants and Bars are Now Open in Metro Phoenix: Tacos to Turkish Cuisine

This is the summer of the shopping center taqueria. You know, that spot next to the Safeway with the little counter and the rotating spit of al pastor? Or the one that makes bomb quesabirria tacos that you’ve hit up once a week since you discovered them. These taquerias are the Valley’s…»

7 Best Affordable Areas to Live in Metro Phoenix

One of the hardest things to know when you’re moving to a new city is finding out which neighborhoods are the most affordable. Whether you live in the area or are new to Phoenix, we make it easy for you to get a sense of some of the best neighborhoods — and most…»

Adobe: Online Holiday Sales Due for Early Start, Modest Growth

An uncertain economic environment and a fall version of Amazon Prime Day may impact online holiday sales in 2022. U.S. online holiday sales are expected to increase 2.5% to $209.7 billion from Nov. 1 to Dec. 31, 2022, according to Adobe’s online shopping forecast for the…»