Commercial Real Estate & Business News – October 12, 2022

US West Stands Out With Nation’s Strongest Commercial Property Price Growth

While commercial property prices climbed in almost all parts of the country in the second quarter, the West secured its place as the region with the strongest price growth, CoStar data shows. The West’s lead in price growth across commercial property types widened over the Northeast in…»

10 Commercial Real Estate Market Trends and Predictions to Watch Out For in 2023


The annual Allen Matkins View From the Top brings together the top real estate economists, owners, investors, developers and brokers in Western Region commercial real estate. Now in its 15th year, View From the Top remains a key source for market trends and predictions…»

Valley Office Rents and Sublease Market Soar in Third Quarter

Premier office spaces still command top dollar in the Phoenix metro. The third quarter brought a negative net absorption of -123,354 square feet to the Valley’s office market, according to a report from JLL. Absorption is defined as the space leased minus what became vacant. The bulk of…»

Booming Phoenix Tech Hub Lures Supplier to Semiconductor Industry

A Tokyo company that supplies materials to the semiconductor industry broke ground on a manufacturing plant in Phoenix’s Mesa suburb, joining several technology companies and builders announcing projects that have delivered a jolt to Arizona real estate markets in recent years…»

Freddie Mac Steps Up Use of Forward Commitments to Finance Affordable Units

Freddie Mac Multifamily said it’s ramping up financing that supports newly constructed or substantially rehabilitated multifamily housing. The company will leverage new flexibilities granted by the Federal Housing Finance Agency that allow for more use of forward commitments, which…»