Commercial Real Estate & Business News August 9, 2019
Arizona Apartment Rates Climb at Fastest Rate in the Nation Arizona is currently one of the hottest destinations for relocators, and the apartment housing industry is facing the subsequent pressures of that. In 2016, Arizona had the fifth-highest number of net in-migrants in the nation. That is, over 24,000 more people moved into the state than […]
Commercial Real Estate & Business News August 8, 2019
Here’s Why Canada Means Big Business for Arizona Last year, Maricopa County saw the largest population increase of any county in the United States, adding another 81,244 residents to its desert clutches. That makes eight straight years of population gains, according to the Census Bureau. This impressive bump doesn’t account for the temporary residents who make […]
Commercial Real Estate & Business News August 7, 2019
This Phoenix Suburb Is Punching Above Its Weight and Leading Investment Volume in the Market The Chandler N/Gilbert submarket sparked renewed investor interest in the first half of the year, making it the top submarket in Phoenix for industrial sales volume, despite being only the fifth-largest in inventory. Investors are looking to Chandler N/Gilbert due to […]
Commercial Real Estate & Business News August 6, 2019
Savvy Restaurateur Sam Fox Sells His Business To The Cheesecake Factory Sam Fox, the Phoenix-based restaurateur, has a reputation as one of the savviest owners in the food business.He’s been nominated 11 times for the James Beard Award as Outstanding Restaurateur, and he has been featured on the Power List at Nation’s Restaurant News. His restaurants […]
Commercial Real Estate & Business News August 5, 2019
Developers in Phoenix Attempt to Keep Up With Office Demand Fueled By Job Growth The Phoenix office vacancy rate dropped to the lowest in 12 years, thanks to robust job growth that is fueling demand for office space. As cited in the latest Phoenix Office Webinar, metro-wide vacancy compressed to 12.2% as net absorption outpaced conservative […]
Commercial Real Estate & Business News August 2, 2019
Microsoft to Build World-Class Sustainable Datacenters and Invest in Solar Power in Arizona Microsoft announced Arizona as the location for the development of three new world-class datacenter campuses to support the growing demand for cloud and internet services in Arizona and across the Western United States. Microsoft intends to develop the datacenter campuses in El Mirage […]