Commercial Real Estate & Business News – November 2, 2022
Orion Investment Arranges $24M Sale of Montana on Butler Apartment Community in Phoenix PHOENIX — Orion Investment Real Estate has brokered the sale of Montana on Butler, a multifamily property located on Butler Drive in Phoenix. Artisan Prime, a joint venture between Beverly Hills, Calif.-based Artisan Capital and Newport Beach, Calif.-based…» 100,000-Home Teravalis Breaks Ground […]
Commercial Real Estate & Business News – November 1, 2022
Phoenix is One of The Top Metros in US for Delivered Industrial Space, Report Shows Between 2010 and 2021, the Phoenix metro brought online more than 76 million new square feet of industrial, according to a report from 42 Floors. That places the Valley at No. 6 on the list of the top metros in […]
Commercial Real Estate & Business News – October 28, 2022
U.S. GDP Accelerated at 2.6% Pace in Q3, Better Than Expected as Growth Turns Positive The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing recession fears, the Bureau of Economic Analysis reported Thursday. GDP, a sum of all the goods and services produced from […]
Commercial Real Estate & Business News – October 27, 2022
50 Projects to Know in Commercial Real Estate for 2023 The 2023 edition of People & Projects to Know (PTK) in Commercial Real Estate is one of our most exciting and dynamic editions yet! The team at AZ Big Media received an overwhelming number of nominations — for people and projects — but the editorial […]
Commercial Real Estate & Business News – October 26, 2022
Project Near Fashion Center Would Bring 529 New Apartments Developers have big plans for a big hole in the ground on 3.73 acres of prime real estate near the intersection of Scottsdale and Camelback roads, next to the Arizona Canal and the Scottsdale Fashion Square. After sitting fallow for years, the site is on course […]
Commercial Real Estate & Business News – October 25, 2022
Multifamily Fundamentals Are Still Fairly Strong, Say Panelists LOS ANGELES—The GlobeSt. Multifamily national conference kicked off this morning with a state of industry panel that brought together the most influential dealmakers in the U.S. multifamily real estate market. The panelists discussed key trends, major market shifts, the impacts of inflation on…» Phoenix Industrial Market Stays […]