Commercial Real Estate & Business News – December 16, 2021
How High Can Prices Go? Consumer prices grew by 0.8% in November and are 6.8% higher than a year ago, the Bureau of Labor Statistics recently reported. The figures matched expectations, so long-term interest rates hardly budged and…» $1.8 Billion Mixed-use Development Planned for Tempe Town Lake The south bank of Tempe Town Lake could […]
Commercial Real Estate & Business News – December 15, 2021
More Workers May Be Back In the Office Than You Realize The big question in the office sector of CRE is when will people return to the office. A line of government data that’s been building since May 2020 suggests that tens of millions already have. But, if so, why do so many in real […]
Commercial Real Estate & Business News – December 14, 2021
Metrocenter Mall is Getting a $750 Million Makeover Two national developers are looking to build a massive master-planned residential, industrial and commercial development called Legacy Point on nearly 350 acres in Peoria. Walnut, California-based Shea Homes and Kansas City, Missouri-based VanTrust Real Estate have…» Mesa Tries to End Downtown ‘Grid’ Lock Mesa City Council wrapped […]
Commercial Real Estate & Business News – December 13, 2021
Metrocenter Mall is Getting a $750 Million Makeover One of Phoenix’s most iconic properties is about to become the largest mall redevelopment project in Arizona history, transforming into a vibrant new addition to the city’s core. Concord Wilshire Capital (“CWC”) and TLG Investment Partner…» FEEDING INNOVATION Food, glorious food.That’s the motivation behind several large- and […]
Commercial Real Estate & Business News – December 10, 2021
4 Arizona Healthcare Projects to Watch in 2022 Central Phoenix has seen an outpouring of healthcare development, but the sector is also thriving with healthcare projects outside of the city limits. Here’s a sneak peek at four recently announced…» JPMorgan Says 2022 to See Full Global Recovery LONDON, Dec 8 (Reuters) – U.S. investment bank […]
Commercial Real Estate & Business News – December 9, 2021
2022 Commercial Real Estate Vision You’d be forgiven for gaining a case of whiplash moving from 2020 to 2021. Disaster—a seemingly closed economy, crashed supply chains, tight labor availability, and many millions out of…» Demand Fuels Dynamic Growth of Multifamily Market in Phoenix The multifamily market weathered the pandemic much better than other commercial real […]