Commercial Real Estate & Business News September 3, 2018

CHICAGO-Although political or economic troubles agitate many regions of the world, an unquenchable demand from cloud providers helped the global data center industry expand by a remarkable amount in the first half of 2018, according to JLL’s latest Data Center Outlook. The Chicago-based company’s analysis reveals that the US, Canada, EMEA, and APAC amassed a staggering 421.2 megawatts…»
Investors are stomaching the lowest premium in more than a decade for taking on more risk in the US commercial property market, as a humming American economy encourages money managers to reach for higher returns. The difference between the return on the safest slices of commercial mortgage-backed securities – a pool of mortgages bundled into a bond – and the riskier slices has dropped…»
Rogers Corp. is expanding its footprint and production capacity in Chandler with the purchase of a production facility and machinery from Isola USA Corp.along Price Road. Separately, Isola plans to build a new facility in the area after transitioning out of the Price Road building. “We need new equipment to keep up with demand and serve future demand,” said Amy Kweder, a spokeswoman for Rogers Corp…»
As home prices rise across the U.S., choosing to rent has become increasingly popular. New analysis by reveals the monthly costs of buying a home have risen by 14 percent over the past year. This is more than three times the 4 percent increase in monthly rental costs. Additionally, this analysis found that the number of places where it is cheaper to buy has significantly declined…»
A California coffee house chain is brewing up a return to the Phoenix market. It’s A Grind, which used to have a handful of stores around the Valley years ago, has its sights set on bringing six to eight franchise locations to the Valley. Laina Sullivan, director of franchise development with It’s A Grind franchisor Retail Food Group, said growth and population densities make Phoenix an attractive market…»