Commercial Real Estate & Business News – April 30, 2020
Park Central Ramps up Leasing Activity Despite SlowdownThe revitalized Park Central project has enjoyed increased leasing activity despite the economic downturn, with three new leases signed in the past few months. Interface Technologies has signed a lease to occupy the entirety of the 15,500-square-foot Graham Building…» Site Selectors: Phoenix Positioned Well for Distribution Sector Growth […]
Commercial Real Estate & Business and News – March 16, 2020
Why Borrowers Should Lock-in Long-Term FinancingWe have been in a low interest rate environment for the length of the current business cycle, and yet somehow, rates today are even lower than they were 12 months ago. While the market has grown accustomed to low interest rates, they are no guarantee, and some capital markets experts […]
Commercial Real Estate News – March 12, 2020
The Nation Faces 7 Million Shortage of Affordable and Available Rental HomesThe nation’s severe shortage of affordable and available homes disproportionately affects people of color, reports the National Low Income Housing Coalition (NLIHC). African-American, Native American, Hispanic, and Asian households are more likely than white households…» Phoenix Claims 5 of The 100 Largest Tech Office […]
Commercial Real Estate & Business News January 30, 2020
National Multifamily Report – December 2019 The multifamily market ended 2019 with a flat fourth quarter, however, keeping consistent with year-over-year growth staying between 3 and 3.3 percent for all 12 months. Much like November, December showed a drop in rent growth, falling $1 to $1,474 and dropping 10 basis points. Year-over-year rent growth…» The Danger […]
Commercial Real Estate & Business News January 29, 2020
Another Strong Year for CRE in 2020 RCLCO has released its Year-End 2019 Sentiment Survey and the results suggest that commercial real estate’s yearslong positive run will continue in 2020. The prediction and other assessments come from a geographically diverse group of experienced real estate professionals with expertise spanning the industry. Providing…» HonorHealth Breaks Ground on […]
Commercial Real Estate & Business News January 27, 2020
Here’s How GPEC Helped Valley Become a Magnet for Innovation The numbers are staggering. In its just over 30 years of existence, the Greater Phoenix Economic Council (GPEC) has helped more than 800 companies set up business in Arizona, helped bring more than 144,000 jobs to the state, and attracted more than $16.1 billion in capital […]