Commercial Real Estate & Business News – August 26, 2021
Office Asking Rates Rise Amid Falling Vacancies The emerging Delta variant of COVID-19 and a low vaccination rate have halted September return-to-work plans, prompting companies including Wells Fargo, Google or Amazon to postpone their moves and once again revisit their work strategies. Despite ongoing turbulences, office transaction activity holds strong, with…» What’s Behind Apartment Rents’ […]
Commercial Real Estate & Business News – August 25, 2021
Multifamily Outlook: Growth Undiminished by Pandemic-Related Disruptions The United States is well on a path of recovery from the COVID-19 pandemic shutdown that began in March 2020. More than 60 percent of the U.S. population has now received at least one dose of the vaccine, and more than half are fully vaccinated. Those figures increase […]
Commercial Real Estate & Business News – August 24, 2021
Compared to Last Year, Real Estate Executives Find a Moment of Positivity The pandemic has upended commercial real estate markets and created widespread uncertainty about when employees will return to the office. And yet, commercial real estate executives have never been more bullish about current market conditions since the Real Estate Roundtable began gauging…» Phoenix […]
Commercial Real Estate & Business News – August 23, 2021
Phoenix is No. 1 in U.S. for Population Growth by Numbers Within the United States, both natural population growth and the number of people moving are on the decline in recent years, according to the U.S. Census Bureau. But that doesn’t mean all the country’s towns and cities are experiencing population slowdowns. The city with […]
Commercial Real Estate & Business News – August 20, 2021
5% of Home Sellers Drop Prices in Recent Weeks, Report Shows The share of home sellers with price drops has now passed the 5% mark, according to a new report from Redfin, the technology-powered real estate brokerage. This is the highest level this measure has reached since late 2019 and it is still climbing during […]
Commercial Real Estate & Business News – August 18, 2021
Hines’ Chandler Viridian Development Signs 28,608 SF Lease with Array Technologies Hines, the international real estate firm, has reached an agreement with Array Technologies for a 28,608 square foot lease at its Chandler Viridian office development.Albuquerque-based Array Technologies, which just announced a capital infusion of $500 million from Blackstone, is relocating from its…» Investors Drive […]