Commercial Real Estate & Business News – November 30, 2022

West Valley Prepares for Uptick in Employers, Jobs as More Companies Choose Arizona Although Arizona recovered its lost jobs from the Covid-19 pandemic faster than other states, many West Valley employers say they still face hiring challenges due to a lack of skilled workers, competition with other businesses and people “ghosting”…» Iconic Esplanade Campus will […]
Commercial Real Estate & Business News – November 29, 2022

Taiwan’s TSMC to Bring its Most Advanced Chip Manufacturing to Arizona (CNN Business)- Taiwan Semiconductor Manufacturing Company plans to bring its most advanced technology to Arizona, the founder of the chip giant said Monday. TSMC’s plans come as tensions between Washington and Beijing are rising over chips, with…» Phoenix Still Among Top US Metros in […]
Commercial Real Estate & Business News – November 28, 2022

Developer Plans Suburban Phoenix Retail, Entertainment Project A local development firm plans to build a major retail and entertainment project near the Talking Stick Resort & Casino in Scottsdale near Phoenix. Caliber Cos., based in Scottsdale, plans to build a mixed-use center with entertainment, retail, restaurants, hotels and…» Multiple Commercial Projects Moving Forward in These […]
Commercial Real Estate & Business News – November 23, 2022

Why the US is Expected to Escape Recession in 2023 The U.S. will probably stick a soft landing next year: the world’s largest economy is forecast too narrowly avoid a recession as inflation fades and unemployment nudges up slightly, according to Goldman Sachs Research. Our economists say there’s a…» Here’s What Experts Predict for Arizona […]
Commercial Real Estate & Business News – November 22, 2022

Tempe Releases Full Details of Proposed Coyotes’ Arena Development Agreement Over the next two weeks, Tempe City Council will consider a development agreement with the Arizona Coyotes to build an arena and entertainment district on the northeast corner of Rio Salado Parkway and Priest Road, but according to public documents, the…» Caliber Will Develop 100-Acre […]
Commercial Real Estate & Business News – November 21, 2022

Producer Price Index Posts Modest Increase, Hinting at Downward Trend for Inflation The producer price index (PPI) increased by a seasonally adjusted 0.2% in October, the Bureau of Labor Statistics said Tuesday. The 0.2% rise, a smaller increase than Wall Street analysts expected, followed last week’s report of a monthly increase in the…» Construction Starts […]