Commercial Real Estate & Business News October 30, 2019
‘Game-changer’ SkyBridge Arizona Breaks Ground in Mesa SkyBridge Arizona and leading general contractor Graycor Construction Company joined today with local dignitaries, Phoenix-Mesa Gateway Airport, business leaders and project leasing firm CBRE to break ground on the first two buildings at SkyBridge Arizona. The major master-planned development will serve as the nation’s first-ever joint U.S. and Mexico […]
Commercial Real Estate & Business News October 29, 2019
Single-Family Rentals Compete with Traditional Apartments in Phoenix’s West Valley Submarket Multifamily developers continue to build at a vigorous pace in the Phoenix metropolitan area, but a unique segment of the market, single-family rentals, is gaining traction in the suburbs like the West Valley submarket. Of the 1,660 units currently underway in the submarket, about 42% […]
Commercial Real Estate & Business News October 28, 2019
10 Developments are Planned for Downtown Mesa. Here’s a Look at Each A boutique hotel, a brewery and an array of apartments – from one focused on sustainable living to another offering an ultra modern twist – are planned in downtown Mesa’s one square mile. The projects are energizing city leaders who have long sought to […]
Commercial Real Estate & Business News October 24, 2019
5 Predictions for CRE from the Connect Conference The big question at the Connect National Investment & Finance conference held in New York City yesterday was: Will there be a recession and, if so, when? While that question went largely unanswered, debt and equity experts offered a number of near-term predictions. Here are five that would […]
Commercial Real Estate & Business News October 23, 2019
Institutions Continue to Raise Real Estate Allocations in 2019 An annual report from Hodes Weill and Cornell University shows real estate remains a preferred asset class among global institutions.Global institutions continue to raise their allocations to real estate, according to the latest Allocations Monitor survey from Hodes Weill & Associates and the Columbia University Baker Program […]
Commercial Real Estate & Business News October 22, 2019
Surge in Valley Job Growth Fuels Office Demand in Q3, Report Says Since July, more than 14,000 new jobs have been announced in the Valley, fueling demand for office space in submarkets that already were some of the area’s hottest. About 40% of the new jobs announced during the quarter will be concentrated in Scottsdale and […]