Commercial Real Estate & Business News – April 7, 2015
US Pending Home Sales Reach Highest Level Since June 2013 Pending home sales in the United States in February increased to their highest level since June 2013, according to the latest figures from the National Association of Realtors. Sizeable gains in the Midwest and West offset smaller declines in the Northeast and South and overall […]
Commercial Real Estate & Business News – April 6, 2015
U.S. Centers Hit Record Occupancy in 2014 2014 was a banner year for the U.S. shopping center industry, with surging occupancy rates and strong growth in rents and net operating income (NOI), according to research from ICSC and NCREIF. “Record growth in key indicators such as occupancy and NOI strongly indicate a healthy outlook and […]
Commercial Real Estate & Business News – April 3, 2015
Why Older Millennials Are Leaving the Urban Core and Younger Millennials Aren’t Far Behind Millennials are going to shun material goods, never own a car, and live in small spaces in utopian urban cores riding their bicycles or taking public transportation to their green, open-space offices. Forever! This, or something like it, is the conventional […]
Commercial Real Estate & Business News – April 2, 2015
Popular Restaurant Center On Scottsdale Road Sells For $14m The Marketplace at Lincoln & Scottsdale has sold for $14 million. The restaurant-heavy retail center sits on the border of Paradise Valley and Scottsdale at the intersection of Lincoln Drive and Scottsdale Road. The center totals 22,081 square feet and includes restaurants Scramble, Sumo Maya and […]
Commercial Real Estate & Business News – April 1, 2015
Check Out the Top Construction Projects Around Phoenix The Arizona Center for Law and Society, to be the new downtown Phoenix home of Arizona State University’s Sandra Day O’Connor College of Law when it is completed next year, was ranked No. 1 when the Phoenix Business Journal today published its annual Valley Construction Projects list… […]
Commercial Real Estate & Business News – March 31, 2015
Papago Park Center to be Legacy Project The 350-acre Papago Park Center enters the final phase of development: The Grand at Papago Park Center has announced Lincoln Property Company (LPC) has been selected to develop the Class A and mixed-use office space. The project is a 60-acre, high-profile, urban mixed-use property on the last developable […]
