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Commercial Real Estate & Business News – September 19, 2022

Phoenix’s Successful Retail Sector Stretches from Power Corridors to Main Streets For decades, Arizona’s housing and commercial real estate industry have benefitted and fed the state’s robust gains as population grew. Even during the pandemic, Phoenix welcomed more than 140,000 new residents … [Read more...] about Commercial Real Estate & Business News – September 19, 2022

Commercial Real Estate & Business News – September 13, 2022

San Francisco Investment Firm Acquires First Arizona Property with Purchase in Scottsdale Airpark San Francisco-based commercial real estate investment firm Graham Street Realty (GSR), an affiliate of Hamilton Zanze, has acquired Cimmaron Industrial Park in the Scottsdale Airport Industrial … [Read more...] about Commercial Real Estate & Business News – September 13, 2022

Commercial Real Estate & Business News – September 12, 2022

Here’s How many Californians Have Moved to Arizona Roughly 64,000 Californians have moved to Arizona annually during 2016-2020. Net migration has long been a key source of Arizona’s population growth, usually contributing much more than natural increase (births minus deaths). As the baby boom … [Read more...] about Commercial Real Estate & Business News – September 12, 2022

Commercial Real Estate & Business News – September 9, 2022

Retail Fundamentals Stay Positive Despite inflation headwinds that have presented challenges for shoppers, decreasing spending power and consumer confidence, JLL’s Q2 2022 Retail Outlook finds that retail fundamentals are solid, with net absorption remaining positive for six straight quarters, … [Read more...] about Commercial Real Estate & Business News – September 9, 2022

Commercial Real Estate & Business News – September 8, 2022

Survey: Despite Inflation, Holiday Shopping Intent Looks Strong A solid majority of consumers will spend at least $100 this holiday season. According to the 2022 Holiday Preview from market research data and technology company Numerator, roughly six in 10 (59%) surveyed consumers expect to spend … [Read more...] about Commercial Real Estate & Business News – September 8, 2022

Commercial Real Estate & Business News – September 7, 2022

Single-Family Prices Are Cooling And That's Good For Multifamily Single-family home prices are finally softening across the US, but the cost of homeownership remains staggeringly out of reach for many consumers, particularly millennials. And while “significant price collapses” are not likely due … [Read more...] about Commercial Real Estate & Business News – September 7, 2022