Commercial Real Estate & Business News December 5, 2019
Parking Lots, Once Asphalt Wasteland, Become Golden Opportunities As the lure of urban living pulls more residents from the suburbs, developers are scooping up prime real estate in downtowns across the United States. Soaring property values have created opportunities for owners of an overlooked, underdeveloped asset: the surface parking lot. Sales of such lots have risen […]
Commercial Real Estate & Business News December 4, 2019
California Industrial Developer Continues Phoenix-area Building Spree Majestic Realty Co. has closed on 30 acres of land near Loop 202 in southwest Phoenix where it plans to build a commerce park totaling more than 500,000 square feet. The site at 55th Avenue and Lower Buckeye Road is near the Loop 202 off-ramp that is scheduled […]
Commercial Real Estate & Business News December 3, 2019
TD Bank’s Head of CRE Business Gregg Gerken Offers an Outlook on 2020 Lending A subsidiary of Canada’s Toronto-Dominion Bank, TD Bank, N.A. is one of the top 10 largest banks in the U.S. with an estimated asset value of $1.4 trillion. TD Bank is an active commercial real estate lender across all property types. The […]
Commercial Real Estate & Business News December 2, 2019
Arizona Cities Expected to be Hit by ‘Silver Tsunami’ as Boomers Leave Their Homes Tucson and Phoenix are among the top U.S. cities expected to be hit by the “silver tsunami” or the amount of homes that become vacant as their owners, senior citizens, die or find other living accomodations, according to Zillow research. According to […]
Commercial Real Estate & Business News November 27, 2019
Chasing Amazon, Retailers Are in a Never-Ending Arms Race Retailers are trying everything they can to keep up with Amazon. Macy’s offers same-day delivery and in-store returns for online purchases. Black Friday deals are already starting at Kohl’s. And craft cocktails are served in the women’s shoe department at Nordstrom. By one measure, these strategies are […]
Commercial Real Estate & Business News November 26, 2019
Here are the Commercial Real Estate Trends that Will Shape 2020 Among his accomplishments, Casey Cartier, president and CEO of Jokake, has been named ASA Superintendent of the Year, voted Top 20 Under 40 Construction Leaders by ENR Southwest Magazine, and has led one of two construction divisions for Ryan’s Southwest regional office. Now at the […]