Commercial Real Estate & Business News – October 5, 2021
Net Lease Cap Rates Reach Historic Lows The Boulder Group’s Third Quarter Net Lease Research Report showed cap rates in the single tenant net lease sector reaching a historic low for all three asset classes in 2021. Cap rates for retail, office and industrial fell to 5.80%, 6.80% and 6.70%, respectively”…» As Intel Expands in […]
Commercial Real Estate & Business News – October 4, 2021
Leading Economist and Local Business Leaders Predict Economic Growth Trends for 2022 and Beyond On September 23, more than 300 professionals gathered for an in-person and live-stream glimpse into the 2022 economy. Sponsored by SRP, this dynamic event featured a provocative and insightful presentation by Andrew Busch, Economic Futurist, BPI, and a lively panel discussion […]
Commercial Real Estate & Business News – October 1, 2021
Phoenix Ranks No. 3 in U.S. Data Center Rankings JLL has released its H1 2021 Data Center Outlook and in the report, Phoenix ranks No. 3 in the U.S. for new data center construction and No. 3 in the U.S. for data center absorption.Local competition is rising to an institutional level and demand doesn’t seem […]
Commercial Real Estate & Business News – September 30, 2021
32 Projects to Watch From NAIOP Arizona Members From a 6,500-square-foot restaurant and retail addition that will enhance the already popular Park Central development in Central Phoenix to multimillion-square-foot industrial parks along the Loop 303, commercial real estate showed no signs of slowing down during the pandemic. In fact, NAIOP Arizona members were busier than…» […]
Commercial Real Estate & Business News – September 29, 2021
Industrial Demand Will Continue To Boom Through 2026 Over the last few years, bolstered by an unprecedented boom in e-commerce and retail sales, the industrial sector has posted historically high demand and supply growth. And that’s led some analysts to question how long the ride can last for the sector that’s relatively unaccustomed to such […]
Commercial Real Estate & Business News – September 28, 2021
10 States Sending the Most New Residents to Arizona The COVID-19 pandemic has made migration a hot topic for all states. Which states will benefit the most from increased remote work? We will not have hard data to answer that question for a while, but now is a good time to revisit a key migration […]