Commercial Real Estate & Business News – March 2, 2021
Apartment Rents Hit Biggest Growth Spurt Since 2019 Apartment rent trends may have hit a new stride. The Apartment List national rent index increased by .7% month-over-month in February, the largest monthly increase since June 2019. The increase also represents the second consecutive month of rent growth, a possible turn in the downward…» Phoenix No. […]
Commercial Real Estate & Business News – March 1, 2021
Arizona has Turned Corner on COVID-19, Experts Say Health officials confirmed COVID-19 in another 1,310 Arizonans Wednesday and reported that 43 more people died from the disease, according to the latest numbers from the Arizona Department of Health Services. Depressing numbers – but a vast improvement from just six weeks ago, when the daily average…» […]
Commercial Real Estate & Business News – February 26, 2021
US. Retail Sales in 2021 to Rise 6.5% to 8.2% Amid Vaccine Rollout, Says NRF Retail sales in the U.S. this year are expected to total more than $4.33 trillion as more individuals receive the COVID vaccine and the economy reopens. That’s according to the National Retail Federation’s just-released annual forecast, which estimates that 2021 […]
Commercial Real Estate & Business News – February 25, 2021
Mullin360 Will Turn Old Sam’s Club into Casa Grande Auto Park An old shopping center site is getting new life in Casa Grande, as a new auto park from Mullin360 is poised to bring more jobs and tax revenues to the community. It’s yet another example of the major improvements and expansions happening in south […]
Commercial Real Estate & Business News – February 24, 2021
Cushman Says Esports Arenas, Hospitals Could Be Future of Vacated Malls To see the future of U.S. malls and shopping centers, go no further than the Cary Towne Center in North Carolina. The former site of retailers Dillard’s, Foot Locker and The Children’s Place will soon be the headquarters of Fortnite video game maker Epic […]
Commercial Real Estate & Business News – February 23, 2021
5 Hottest Real Estate Markets in Arizona The U.S. housing market has weathered a challenging 2020. Unprecedented events such as a global pandemic and a tumultuous presidential election have fueled a period of economic uncertainty. However, despite these challenges, recent research shows that Arizona’s real estate market will see an 8.2%…» Rents Increased In Metro Phoenix […]