Commercial Real Estate & Business News – December 8, 2022
ICSC: Nadji Sees Two Rate Hikes Coming, Then a Pause In September, Marcus & Millichap CEO Hessam Nadji hosted Larry Summers for an online chat in which the former US Treasury Secretary predicted that the Fed’s campaign of rate increases—now 275 bps and counting—would produce a…» Multifamily Development Drives Phoenix Self-Storage Market to New Heights […]
Commercial Real Estate & Business News – December 7, 2022
TSMC to up Arizona Investment to $40 Billion With Second Semiconductor Chip Plant President Joe Biden is joining the founder of Taiwan Semiconductor Manufacturing Co. on Tuesday to announce the opening of the company’s second chip plant in Arizona, raising its investment in the state from…» DraftKings CEO Says Scottsdale Sports book Could be One […]
Commercial Real Estate & Business News – December 6, 2022
Healthcare Fundamentals ‘Strong’ As Demand For Services Grow While increases in operating expenses, and in particular nursing costs, have hit hospitals significantly, the healthcare sector remains strong from a real estate fundamentals standpoint, according to one industry watcher…» Optimistic Outlook Predicted for Industrial Sector Amid rising interest rates, economic volatility and uncertainty, slowing e-commerce sales […]
Commercial Real Estate & Business News – December 5, 2022
$1 Billion Battery Manufacturing Plant Proposed for Southern Arizona Utah-based American Battery Factory is planning to build a $1.2 billion battery manufacturing plant in southern Arizona across 267 acres, according to Pima County documents and the startup. The new factory is expected to hire…» Inflation Is Hitting Renters Harder Than Homeowners Inflation is hitting renters […]
Commercial Real Estate & Business News – December 2, 2022
Arizona’s Largest Resort Set to Open in Late 2023 in Glendale Find The Complete Video Here…» Tempe Mayor: Coyotes Plan Would be the Best Sports Arena Deal in Arizona History Tempe voters will have the final say on a new entertainment district in the city — including an arena for the Arizona Coyotes. The Tempe […]
Commercial Real Estate & Business News – December 1, 2022
US Retail Rents Lead Sector’s Global Recovery Retail rents in markets across the Americas now stand a whopping 15% above pre-pandemic levels, according to a new report from Cushman & Wakefield. The firm’s Main Streets Around the World report — Cushman’s first in three years — notes that…» Texas Dietary Supplement Firm Bulks Up in […]