Commercial Real Estate & Business News – July 1, 2015
Office Market Is on a Slow Roll Increase in office space was strong in second quarter but a relatively modest expansion by historical standards. Employers took on 8.2 million square feet of additional office space in the second quarter, marking one of the stronger periods since the recession but a relatively modest expansion by historical […]
Commercial Real Estate & Business News – June 30, 2015
Economy Watch: Should We Be Optimistic About the Economy? There?s a fair amount of evidence now that the U.S. economy?s going to see a second-quarter rebound. For one thing?and it?s pretty much the bedrock of everything else?the economy?s been creating jobs robustly for two months now (the employment numbers for the third month of the […]
Commercial Real Estate & Business News – June 29, 2015
As Arizona Economy Grows, Other States’ Often Grow Faster Last week, the state reported its best-ever tourism numbers in 2014, including nearly $21 billion in spending. And the Arizona Super Bowl Host Committee estimated $720 million in spending related to the Pro Bowl and Feb. 1 Super Bowl, a record for football’s big game… Read more » […]
Commercial Real Estate & Business News – June 26, 2015
Entertainment Supercenter Enters Phoenix Market With Gilbert Location A new business in Gilbert is hoping to attract customers by offering movies, bowling, mini golf and pizza all under one roof. FatCats, a Provo, Utah-based company, opened its latest location in Gilbert this month in a 53,000-square-foot space near Greenfield and Baseline roads… Read more » Personal Incomes […]
Commercial Real Estate & Business News – June 23, 2015
Parallel Capital Partners Acquires Class A Phoenix Tower for $93.75 Million Expanding its Phoenix area footprint, San Diego-based Parallel Capital Partners announced today it has acquired One North Central – a 20-story, trophy office building in downtown Phoenix – for $93.75 million. The 410,000-square-foot Class A, LEED Silver, Energy Star-rated tower was acquired from One […]
Commercial Real Estate & Business News – June 22, 2015
ASU To Break Ground On Facilities District Next Year Groundbreaking on the first developments in the Arizona State University Athletic Facilities District could come as early as next year. The 330-acre urban community east of Sun Devil Stadium is ASU?s development endowment to continually raise funds for top-of-the-class athletic facilities at the school. The university […]
