Commercial Real Estate & Business News – September 7, 2016
Shopping Malls’ New Product: Fun Go-kart racing, indoor rope climbing and laser tag aren’t activities typically associated with back-to-school shopping, but that is what some shoppers at a Syracuse, N.Y., mall are doing. Entertainment offerings at malls have generally been limited to dining…» Data Center Properties Create a Powerful Pull Technology is evolving exponentially. On […]
Commercial Real Estate & Business News – September 6, 2016
The Ins and Outs of Phoenix’s $36M Deal to Snag a Downtown Grocery Store The Phoenix City Council is slated to vote on $18 million worth of tax breaks and other incentives and a potential $18 million sale of the empty Block 23 parcel in downtown Phoenix to RED Development. RED – which developed the […]
Commercial Real Estate & Business News – September 2, 2016
CRE Prices Holds Amid Robust Deal Activity, Healthy Fundamentals The CoStar Commercial Repeat-Sale Indices (CCRSI) began the second half of 2016 on a strong note as a combination of healthy market fundamentals, low interest rates and steady availability of capital continued to fuel CRE price growth during July…» Economy Watch: ADP Report Points to Continued […]
Commercial Real Estate & Business News – September 1, 2016
CRE Prices Holds Amid Robust Deal Activity, Healthy Fundamentals The CoStar Commercial Repeat-Sale Indices (CCRSI) began the second half of 2016 on a strong note as a combination of healthy market fundamentals, low interest rates and steady availability of capital continued to fuel CRE price growth during July…» Economy Watch: ADP Report Points to Continued […]
Commercial Real Estate & Business News – August 31, 2016
Economy Watch: Better Incomes Means More Spending More good news for retailers and the landlords who lease to them: U.S. personal income increased $71.6 billion (0.4 percent) in July, according to the Bureau of Economic Analysis’ latest estimates. Going hand-in-hand with that, personal consumption expenditures (PCE, or people spending that money that they’ve made) increased […]
Commercial Real Estate & Business News – August 30, 2016
PHX 4th-highest Rise in Rent, but 10K Apartments Are on the Way Rents are on the rise in metro Phoenix, particularly in infill hot spots in Phoenix, Scottsdale and Tempe. The Valley’s average apartment rent has climbed 22 of the past 23 months, according to national research firm Axiometrics…» Mixed Use Development in the Works […]
