Commercial Real Estate & Business News – November 5, 2020
Target has Opened 30 Stores This Year — Here’s a RundownTarget Corp.’s unique style is on full display in the 30 new stores it has opened this year, with safety a constant across all the locations. “We’ve built in the very latest in safety measures to these new locations, including hand sanitizer stations, plexiglass checkout […]
Commercial Real Estate & Business News – November 4, 2020
Big-Box Retailers Drive Leasing Activity in PhoenixThe retail sector has been hard hit by the recession, but Phoenix is pulling through. The market had positive net absorption in the third quarter, driven largely by activity from big-box retailers. According to a report from Colliers International, Phoenix posted 101,270 square feet…» Some Apartment Markets Draw Eye-Popping […]
Commercial Real Estate & Business News – November 3, 2020
Cost of Living: These 20 Cheap American Cities are Seeing a Boom in Move-ins This YearEach year, millions of Americans relocate to somewhere else in the country, whether it is for retirement, college, or a new job. Yet 2020 offered some Americans a new reason to move – the COVID-19 pandemic, which was declared a […]
Commercial Real Estate & Business News – November 2, 2020
Tempe a Top Nationwide Submarket for Tech Companies, Report SaysWhen it comes to office space suited for technology companies, both in the Valley and compared to most submarkets nationwide, Tempe remains king. The city just east of Phoenix ranked fourth among submarkets nationwide for net absorption growth between the second quarter…» Here’s What Real Estate […]
Commercial Real Estate & Business News – October 30, 2020
Here’s Why Phoenix is Ranked a Top 10 Tech MarketThe tech industry’s share of U.S. office-leasing activity in this year’s first half inched down to 20 percent from 21 percent last year, as tech employment has proven resilient during the pandemic, according to CBRE’s annual Tech-30 report. Phoenix scored well in most categories in the […]
Commercial Real Estate & Business News – October 29, 2020
4 Arizona Cities Among Top 20 with Employment Bouncing Back MostThe employment market continued to recover in September, as the latest jobs report shows that the national unemployment rate has fallen to 7.9%, which is 46% below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city […]