Commercial Real Estate & Business News – June 22, 2020
My View: Arizona, Here’s How We Can Build Our Way to an Economic RecoveryInstitutions in Arizona are doing an excellent job trying to organize themselves to help businesses during the Covid-19 crisis. They are trying their best, helping by providing short term survival support. However, if we look at history, there are signs…» Arizona Unemployment […]
Commercial Real Estate & Business News – June 19, 2020
Heritage Park, a 531K SF Mixed-use development, Coming to Downtown GilbertNot long ago, it would have been difficult to imagine sleepy Downtown Gilbert as home to the retail, restaurant and hospitality options that you find in the area today. As one of the fastest-growing towns in the country, the demand for office, retail, multifamily and […]
Commercial Real Estate & Business News – June 18, 2020
McShane Will Build Luxury Multifamily Residence in ScottsdaleLeon Capital Group has selected McShane Construction Company to provide comprehensive construction services for Kierland Apartments, a 202-unit luxury multi-family community in north Phoenix. McShane is also underway with Soltra at SanTan Village, a 380-unit multi-family development…» Phoenix Spec Office Project Lands $74M in FinancingDouglas Allred Co. has […]
Commercial Real Estate & Business News – June 17, 2020
Future of Investing Goes to Second-Tier Cities and College TownsInvestors and fund managers are seeing that buyers and renters are moving to second or third-tier cities, according to SEI/Prequin’s 2020 Survey of Real Estate Managers and Investors on the future of real estate investment. Just over 60% of investors and just over 40% of fund […]
Commercial Real Estate & Business News – June 16, 2020
What an Amazon-J.C. Penney Deal Could Mean for Retail Real EstateAmazon could be the next owner of embattled J.C. Penney, and experts say the transaction would be less focused on the bankrupt department store’s business and more on its real estate. The e-commerce giant in recent weeks is said to be considering a purchase of […]
Commercial Real Estate & Business News – June 15, 2020
Forecasting Arizona’s Economy: The Case for a V-shaped ReboundEven though the Grand Canyon State experienced record-shattering job losses and economic contraction during the pandemic, there’s hope the pain will be short-lived. Strong underlying fundamentals, an influx of stimulus money and ASU’s support for innovation could help stave off an extended recession…» Survey: Business Leaders Want […]