Commercial Real Estate & Business News April 9, 2018
The March Jobs Numbers Show the Economy Is Sound, but Far From Invincible The March employment numbers were a disappointment, but only relative to extremely optimistic expectations. The basic story of a robust United States job market remains very much intact – though with an important asterisk. Sure, the United States added only 103,000 jobs […]
Commercial Real Estate & Business News – February 5, 2018
U.S. Added 200,000 Jobs in January; Unemployment at 4.1 Percent Another month, another solid jobs report. The pace of job growth has slowed somewhat over the last two years, but the economy is still adding jobs at about 2 million a year – a solid figure at a time when the unemployment rate is so […]
Commercial Real Estate & Business News – February 2, 2018
Signs of the Time: How Amazon is Driving Real Estate and What it Means Amazon.com Inc. (Nasdaq: AMZN) is now the largest industrial real estate tenant in the Phoenix regional market as e-commerce led by the Seattle-based giant becomes a bigger and bigger part of the U.S. economy. Mike Petrivelli, CoStar’s regional research analyst, said […]
CCIM|IREM ECONOMIC FORECAST 2018 SUMMARY OF INSIGHTS
This annual event is a great way to get insight into the local commercial real estate market. Each year for over the past 10 years the Central AZ CCIM Chapter and local IREM Chapter are able to get the local experts from each commercial real estate product type to discuss what happened the previous year, […]
Commercial Real Estate & Business News – January 31, 2018
Arizona Lands $1B Electric Semi-truck Plant, 2,000 Jobs Nikola Motor Co. has picked Arizona for a $1 billion, 2,000-job manufacturing plant and will also move its research and development and headquarters operations to Buckeye. The plant will be west of Phoenix and sit on 500 acres. Nikola will make hydrogen-electric semi-trucks at the planned Arizona […]
Commercial Real Estate & Business News – January 30, 2018
Four Predictions for Student Housing in 2018 For the student housing sector, 2018 should once again prove a strong year, according to industry experts. College attendance is not slowing-even if graduate school applications decrease amid a low national unemployment rate. However, there are still issues to watch out for, particularly in certain markets seeing a […]