Commercial Real Estate & Business News October 9, 2019
Fed Keeps Net Lease Cap Rates Low Asking cap rates for all property types-retail, industrial and office-in the single tenant net lease investment sector moved lower for the second consecutive quarter. In its Third Quarter 2019 Net Lease Market Report, The Boulder Group attributed this trend to a number of factors, including the Federal Reserve lowering…» […]
Commercial Real Estate & Business News October 8, 2019
CMBS Issuance Trends Slightly Lower This Year Than in 2018 CMBS issuance volume might end this year slightly lower than in 2018, according to industry sources. At the end of September, U.S. CMBS issuance volume stood a $56.1 billion, according to Commercial Mortgage Alert, an industry newsletter. That figure is slightly behind the 2018 pace of […]
Commercial Real Estate & Business News October 7, 2019
Sources: Bill Gates Affiliate Connected to West Valley Land Buy Is Microsoft founder Bill Gates behind another massive land buy in the West Valley? Public documents and real estate sources indicated Gates’ investment company, Cascade Investment LLC, had a hand in a $25 million purchase of more than 2,800 acres known as Spurlock Ranch in Buckeye. […]
Commercial Real Estate & Business News October 4, 2019
Mall Investment Sales Volume Is Down, But Investors Are More Willing to Buy Lower-Tier Assets With the continuing retail bankruptcies, store closures and the overall upheaval in the physical retail sector, do investors still have interest in buying U.S. malls? It all goes back to the case of the “haves” and “have-nots.” Strong-performing, class-A destination malls […]
Commercial Real Estate & Business News October 3, 2019
Phoenix Multifamily Investment Up 37% Multifamily investment activity is soaring in Phoenix. Multifamily investment increased 37.7% in the first seven months of the year, totaling $4.7 billion, according to a new report from CBRE. Tier II markets, like Phoenix, overall led multifamily investment activity this year, up 18.5% over last year and totaling $37.5 billion of […]
Commercial Real Estate & Business News October 2, 2019
Deloitte Leases 100K SF at The Commons at Rivulon Deloitte has doubled its current lease at The Commons at Rivulon in Gilbert, Arizona, by 100,000 square feet. Nationwide Realty Investors owns the property, which currently has two additional buildings under development. Deloitte moved into the first 100,000-square-foot building at 310 E. Rivulon Blvd. in late 2018…» 3 Projects that […]