Daily News – February 25, 2020

Retail Leasing and Rents Are Rebounding
Retail leasing activity and retail rents are starting to rebound. The trend stems from a combination of new, more experience-focused retail concepts and online retailers transitioning into brick-and-mortar locations. As a result, retail leasing…»
The U.S. Warehouse Sector Won’t Be Able to Escape the Impact from Coronavirus Outbreak
The coronavirus (2019-nCoV) first emerged in the Hubei Province, home to Wuhan City and China’s auto and steel manufacturing industries, and has since spread across the mainland, infecting more than 75,000 and killing more than 2,000 people worldwide…»
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 mix of…»
Metros Lose Out to Satellite Cities When Rents Get Too High
When a major US city gets too expensive or corresponding satellite cities start sprouting new amenities, demand and price growth in those satellite cities can actually outpace that of the core cities. Zumper used its data to identify major metropolitan…»
Hamburger Works-anchored Retail Center Sells in Phoenix
The Original Hamburger Works-anchored Encanto Village, a 20,000-square-foot shopping plaza sold to a local investor for $2,300,000. Built in 1951, Encanto Village sits on the hard corner of 15th Avenue and Thomas Road…»