Commercial Real Estate & Business News – September 7, 2017

Retail redevelopment property in downtown Tempe near Mill Avenue, a planned Whole Foods Market and Arizona State University has sold in a U.S. Bankruptcy Court sale. The property is at the corner of University Drive and Wilson Street. The vacant retail site is adjacent to a planned Whole Foods Market at a new apartment development called The Local…»
A fast-casual restaurant is opening its first Arizona location in one of the Phoenix metro’s priciest submarkets. Florida-based PDQ, which stands for “People Dedicated to Quality,” is opening at 4514 E. Cactus Road in Paradise Valley onSunday, Sept. 10…»
It takes time for a landmark project to be considered a core asset. Its prestige and value are first-and-foremost retained over time and compounded by reliable appreciation…»
Ten-X, the nation’s leading online real estate transaction marketplace, today released its latest Commercial Real Estate Volume & Pricing Trends report (formerly the Capital Trends report), which reveals that investment activity expanded in Q2 2017, after suffering a sharp contraction in the previous quarter…»
Prior to December 24, 2016, when the Dodd-Frank Act’s risk retention rules went into effect, CMBS lenders and borrowers anticipated that these regulations might run small lenders out of the market, cause lenders to become overly conservative and make it increasingly difficult to find financing for commercial real estate transactions, especially in secondary and tertiary markets…»