Commercial Real Estate & Business News – October 15, 2020

The States That Residents Are Leaving And The Ones They Are Moving To 2020 – Arizona Ranks #7
A new study by Atlas Van Lines that tracked migration patterns throughout the country in 2019 found more Americans are moving to Idaho than any other state. The Gem State continued a pattern of drawing new residents, ranking as the survey’s inbound leader for the second…»
Here’s how Arizona Cities Rank Among Best Places to Start a Business
Starting a business is complicated, and entrepreneurs must consider many factors when deciding where to set up shop. How long will it take to get approval? How much must employees be paid? Even, is the electricity reliable? A new report from Arizona State University analyzed more…»
Most Industrial Construction is Speculative These Days
By any measure the US industrial market is having a good year. A new national report from Cushman & Wakefield shows that the industrial market has posted three consecutive quarters of at least 45 million square feet in positive net absorption, a total of 159 million square…»
How the Loop 303 Became a Hotbed for Big Real Estate Deals
The Loop 303 may soon be renamed Merit Partners Parkway if the developer keeps doing what it has been doing along the West Valley freeway. Merit Partners is one of the companies developing the PV|303, a 1,600 acre business park that spans both sides of the Loop 303 from…»
Multifamily Stabilization Weighed Down By Rising Concessions
The multifamily market is beginning to show signs of improvement and stabilization-but still has challenges ahead in certain areas, such as a rising level of concessions. A new report from MRI Real Estate Software found that move-in numbers have improved, behind only 3%…»