Commercial Real Estate & Business News – August 11, 2016
As Tourism Ramps Up, Hotel Occupancy Follows The Embassy Suites by Hilton Scottsdale Resort has reopened following a $25 million renovation. Formerly Chaparral Suites, the hotel is the brand’s sixth property in the metropolitan Phoenix area. It is owned by Snyder Nationwide Real Estate Inc. and managed by Crescent Hotels & Resorts. Embassy Suites by […]
Commercial Real Estate & Business News – August 10, 2016
Largest Global CRE Firms Report Robust Leasing, Sales Activity CBRE Group, JLL, Colliers International and Marcus & Millichap reported strong transaction activity at mid-year 2016, with most of the publicly traed brokerages reporting solid increases in U.S. leasing and sales in spite of investor skittishness due to Brexit concerns that have caused deal delays and […]
Commercial Real Estate & Business News – August 9, 2016
Metro Phoenix Starting to Grow Up Instead of Out Now, construction cranes and new housing, restaurant and retail developments can be found on many of those long-vacant parcels across central Phoenix, Scottsdale, Tempe, Mesa and Glendale. The Valley, an area that for so long has grown outward with new, affordable suburbs, is having an urban […]
Commercial Real Estate & Business News – August 8, 2016
Arizona Export Boost Gives State Global Trade Surplus Arizona export growth thus far in 2016 has given the state a global trade surplus, according to the U.S. Census Bureau. The state ended the first half of the year with a $504 million trade surplus, one of only 16 states, including District of Columbia and Puerto […]
Commercial Real Estate & Business News – August 5, 2016
The Silver Lining of Slower Job Growth? Wages Are Finally Rising The silver lining of slower job growth could be that wages are (finally) rising. Tomorrow’s jobs report might answer some pressing questions labor economists have, but it’s also likely to raise a few more riddles about the direction our economy is taking.…» The Future […]
Commercial Real Estate & Business News – August 4, 2016
CRE Price Growth Rebounds Along with Investor Confidence at Midyear Investor confidence returned following a tepid first quarter and the CoStar Commercial Repeat-Sale Indices (CCRSI) ended the first half of 2016 on a stronger note, reflecting the broad-based gains in commercial real estate prices and investment activity across regions and property types. The value-weighed U.S. […]
