Daily News- February 21, 2020

Phoenix Average Rent Registers the Largest Increase in the U.S.
RENTCafé just released its January Rent Report, noting that the national average rent reached $1,463 after a 3 percent yearly increase. Phoenix average rent increased the most among the largest renter hubs, by 8.3 percent. While Mesa and Glendale are cheaper…»
Toll Brothers to Build Apartments on High-Profile Corner in Midtown Phoenix
Toll Brothers Apartment Living plans to build an apartment community at the northwest corner of Central Avenue and Indian School Road in midtown Phoenix.On Dec. 17, Toll Brothers (NYSE: TOL) paid $17.9 million to Bayless Investment & Trading Co…»
Scottsdale Airpark Evolves into Urban ’18-hour’ City
Colliers International in Arizona has released its Greater Scottsdale Airpark 2030 Report, which highlights market conditions and predictions for the popular Scottsdale Airpark submarket. The area has become an “18-Hour” city with a growing…»
Italian Candy Maker Sweetens US Expansion With Massive Arizona Logistics Center
The maker of Butterfinger and Baby Ruth candy bars, among other sugary snacks, is within weeks of starting operations at its latest facility, a huge new warehouse in the booming Phoenix suburb of Goodyear, Arizona. Ferrero USA Inc., part of the global Italian…»
How Long Can Off-Price Retailers Continue to Outperform?
The U.S. off-price retail sector remains a bright spot in the turbulent retail environment plagued with bankruptcies and store closings.Off-price chains continue to buck the trend that’s negatively impacting many flailing bricks-and-mortar…»