Commercial Real Estate & Business News – September 9, 2022

Retail Fundamentals Stay Positive

Despite inflation headwinds that have presented challenges for shoppers, decreasing spending power and consumer confidence, JLL’s Q2 2022 Retail Outlook finds that retail fundamentals are solid, with net absorption remaining positive for six straight quarters, leasing hitting its…»

Fry’s-Led Shopping Center Proposed in East Gilbert


A new commercial shopping center is being proposed in the Morrison Ranch community of Gilbert. The more than 21-acre center, referred to as Morrison Ranch Commercial Center, is being proposed on land owned by Fred Meyer Stores Inc. — an entity of…»

Alliance Residential Opens Luxury Communities in Scottsdale, Mesa

Scottsdale-based Alliance Residential company announced the completion of SEVENTYONE15, a Broadstone community, in South Scottsdale and Broadstone Dobson Ranch, in Mesa, two unique luxury communities designed by ORB Architects and…»

Industrial Complex Near Busy Scottsdale Airport Trades for $28 Million

A San Francisco real estate firm paid $27.5 million to buy its first property in Arizona, a small five-building industrial park east of Scottsdale Airport in greater Phoenix, an area popular among investors interested in logistics properties. Graham Street Realty, an…»

Fundamentals Continue Driving Self-Storage Success

The self-storage sector continues to enjoy sustained growth, thanks to various demand fundamentals. According to Marcus & Millichap’s just-released Self-Storage Report, a boost in renter demand during the “most challenging period of the pandemic” means…»