Commercial Real Estate & Business News – March 26, 2025
Work begins on $145M SanTan Village project bringing Whole Foods to Gilbert A $145 million retail development that will include a Whole Foods and a Dick’s House of Sport will begin construction in Gilbert, part of a development that will include restaurants, retail and entertainment. The development, called Signature at SanTan Village, will include 30 […]
Commercial Real Estate & Business News – March 24, 2025
Buckeye could get nearly 1,000 new apartments near Verrado Over 900 new apartments may be developed in Buckeye’s rapidly growing Verrado area. Buckeye City Council on March 18 unanimously approved rezoning a 46-acre site from planned residential to planned area development, marking a key step in Greenlight Communities’ plans to build 934 residential units just […]
Commercial Real Estate & Business News – March 21, 2025
Phoenix ranks No. 3 for largest industrial pipeline in U.S. In 2025, industrial development is expected to continue decelerating, in response to the rapid expansion seen early in the decade. But the good news for Valley residents is that the Phoenix industrial pipeline ranks No. 3 among the largest in the U.S. CommercialSearch’s newest report […]
Commercial Real Estate & Business News – March 20, 2025
Live updates: Fed leaves interest rates unchanged, but forecasts future cuts The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the benchmark federal funds rate parked at a range of 4.25% to 4.5%, where it […]
Commercial Real Estate & Business News – March 19, 2025
Multifamily Construction Sees Mixed Numbers for February Overall housing starts increased 11.2% in February to a seasonally adjusted annual rate of 1.50 million units, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau said Tuesday. With single-family starts reaching their highest annualized rate in a year, the multifamily sector increased…» US […]
Commercial Real Estate & Business News – March 18, 2025
U.S. Retail Sales Tick Upward in February Following January Decline U.S. retail sales rose 0.2% in February following a downwardly revised 1.2% decline in January, the Census Bureau said Monday. The January decline represented the biggest monthly drop since November 2022. February’s increase came in below the Dow Jones estimate of 0.6%, CNBC reported. Excluding…» […]