Commercial Real Estate & Business News – June 7, 2022

Large Retail Center With Proposed Costco Slated for West Valley Municipality A massive paved lot in Buckeye could be developed nearly 20 years after a retail center was first proposed for the property. The site is located on the southeast corner of Interstate 10 and Verrado Way near…» Avanterra Town Square Rental Home Community Breaks […]
Commercial Real Estate & Business News – June 6, 2022

99 Ranch Market-Anchored Shopping Center in Chandler Adds New Tenants; 7 Other Deals to Know An office and medical building in north Phoenix has sold for $20 million. Cleveland, Ohio-based Woodside Health Development was the buyer, and Vancouver, B.C.-based Talia Jevan Properties Inc. was the…» First Look: See What Taiwan Semiconductor is Building at Massive […]
Commercial Real Estate & Business News – June 3, 2022

Multifamily Still Holds Top Perch Despite Supply, Household Formation Concerns Apartment rents have surpassed pre-pandemic levels in many cities across the US, pushing investment sales numbers in the segment to historic highs. And they are expected to…» Semiconductor Equipment Maker Signs Big Lease in East Valley A company that manufactures equipment used to build […]
Commercial Real Estate & Business News – June 2, 2022

Thompson Thrift Commercial Announces Sale of Sonoran Creek Marketplace Near Phoenix PHOENIX, June 1, 2022 /PRNewswire/ — Thompson Thrift Commercial, a wholly-owned company of Indianapolis-based Thompson Thrift, announced today the sale of Sonoran Creek Marketplace, a…» Office Sector Stabilizes on Demand for Class A Space Companies seeking Class A office space are leading a […]
Commercial Real Estate & Business News – June 1, 2022

CRE Price Growth is Slowing but Still Going In science and engineering it’s the difference between what calculus calls the first and second derivatives: how fast something is changing and then the shift in that rate of change. For commercial real estate properties overall, April was…» Global Economic Report: Optimism Amid the Headwinds Major […]
Commercial Real Estate & Business News – May 31, 2022

Sun Belt Cities Lead Population Gains, Productivity and Output Rise, Weekly Jobless Claims Fall States in the West and South still have the nation’s fastest-growing cities, underscoring a familiar trend of the past two decades as people and companies seek out lower living costs. States including Arizona, Texas and Florida dominate the…» What Inflation May […]