Commercial Real Estate & Business News – July 25, 2022

Massive Logistics Park in Small Valley City Could Offer Incentives for Companies El Mirage is looking to expand opportunities and attract more businesses to a massive logistics park in the West Valley known as LogistiCenter at Copperwing, which is being developed by Nevada-based Dermody Properties. In July, the city gave its support to…» Abrupt Household […]
Commercial Real Estate & Business News – July 22, 2022

Former Phoenix Public Market Café Razed. Here’s What We Know About Plans for The Downtown Site Downtown Phoenix activists sought to stop the demolition of the former Phoenix Public Market Café, but a developer razed the 76-year-old building this spring, shortly before selling it to another developer to build a 350-unit luxury apartment complex…» One […]
Commercial Real Estate & Business News – July 21, 2022

A Dose of Reality in the Warehouse Space Industrial, and especially logistics and warehouses, was one of the big winners of the pandemic. It’s still going strong, but expect some changes soon, according to executives at Prologis in its quarterly earnings call. The company saw…» Salad and Go Wants to Open More Than 100 New […]
Commercial Real Estate & Business News – July 20, 2022

How The West Valley is Building the Workforce Needed to Fuel Growth Arizona, like many other states in the U.S., is facing a labor shortage across many industries. The struggle to meet today’s workforce demand has near term implications such as longer wait times in the service sector, reduced capacity for…» What the Latest Inflation […]
Commercial Real Estate & Business News – July 19, 2022

Arizona is No. 6 Hottest Market for New Residential Construction A new study shows Arizona is the No. 6 hottest market for new residential construction despite home affordability in the U.S. falling to the lowest levels ever recorded after plummeting by 29% over the last year. Given the…» Retail Sales Improved Last Week. Or Did […]
Commercial Real Estate & Business News – July 18, 2022

ABC: We Might Have Reached Peak Inflation Contractors and their customers might have seen the peak in materials prices, according to the Associated Builders and Contractors (ABC) analysis of US Bureau of Labor Statistics’ Producer Price Index data released this week…» Tourists Spent $23.6B in Arizona Last Year — Almost Back to Pre-Pandemic Levels […]