Commercial Real Estate & Business News – May 4, 2021
5 Biggest Real Estate Deals in April The Metro Phoenix commercial real estate sector continues to stay red hot, as evidenced by the biggest commercial real estate deals in April, according to the commercial real estate tracking website Vizzda. In terms of the overall Metro Phoenix market,…» Covid-19 is Affecting CRE Lease Negotiations. Here’s what […]
Commercial Real Estate & Business News – May 3, 2021
Rumblings of Recovery Emerging in Camden’s Sun Belt Apartment Markets Rumblings of a recovery from the pandemic are emerging in the apartment market, giving one national apartment real estate investment trust enough confidence to improve its financial forecast for the year. While certain apartment markets are still…» Skyrocketing Lumber Prices Add Nearly $36,000 to the […]
Commercial Real Estate & Business News – April 30, 2021
Peoria Could Land Full-service Hotel and More with $510 Million Development that Came with a Steep Subsidy Peoria offered up a steep subsidy to move forward with a $510 million project to pad out the P83 entertainment district with apartments or condominiums, a full-service hotel and office space. More than a year after city leaders […]
Commercial Real Estate & Business News – April 29, 2021
Asian Grocer 99 Ranch Market to Anchor Renovated Chandler Shopping Center A recently renovated Chandler shopping center will be home to a number of first-to-market Asian retailers and restaurants. A $10 million makeover was recently completed on a 117,000-square-foot retail center on the northeast corner of Chandler…» Tensions Rise as Return-to-work Plans Gain Steam As […]
Commercial Real Estate & Business News – April 28, 2021
Massive 1.5M SF Industrial Project will Front 202 Freeway in Mesa A massive new industrial project is set for development on a key 101-acre parcel fronting the 202 Freeway near Phoenix-Mesa Gateway Airport. LaPour Partners is teaming with Scottsdale Investment Management (“SIM”) to build 1.5 million square feet of new industrial…» Here are 6 Metro […]
Commercial Real Estate & Business News – April 27, 2021
2 New Amazon Sort Centers will Create Hundreds of Arizona Jobs Amazon is continuing its investment in Arizona with two new sortation centers — one in Glendale and one in Tucson — to support customer fulfillment and delivery operations. The Tucson site is expected to open later this year and create hundreds of new full- […]