Commercial Real Estate & Business News – March 30, 2015
Phoenix Tops West And Mountain Regions For Economic Development Projects, Beats San Francisco, Seattle Site Selection magazine gave the Phoenix market the top regional position in both the Mountain and Pacific regions. Metropolitan Phoenix’s 78 deals in 2014 were more than Salt Lake City and Denver combined in the Mountain Region and more than San […]
Commercial Real Estate & Business News – March 27, 2015
Rising Rents Are Finally Forcing Millennials to Buy Houses Americans in their 20s and early 30s are getting a nudge toward homeownership a decade after sales peaked during the housing bubble. It’s not their nagging parents. It’s rents. They’ve risen so much that buying is making more sense… Read more » Economy Watch: CRE’s a Hedge Against […]
Commercial Real Estate & Business News – March 26, 2015
Research Suggests Apartments Contribute $1.3 Trillion to U.S. Economy The NMHC published a report this year indicating that the apartment industry contributes $1.3 trillion in economic activity to the U.S. economy every year, which translates into 12 million jobs. That total includes $100 billion in construction spending, $190 billion in operating apartment communities and $1 […]
Commercial Real Estate & Business News – March 25, 2015
$200M Infill Developments Coming to Old Town Scottsdale, Central Avenue Scottsdale-based Deco Communities has $200 million worth of new infill condominium developments underway or in the works in Old Town and central Phoenix. That includes a new Phoenix project on Central Avenue near Thomas Road… Read more » Fresh & Easy to Close 5 Arizona Locations Five […]
Commercial Real Estate & Business News – March 20, 2015
Off-Price Retail Sector Growing Fast Off-price chains that sell high-profile brands and designer goods for 20 to 60 percent below department and specialty store prices, are outperforming much of the retail sector; they are growing faster than competitors and are gaining market share. The sector?s popularity surged during the recession and has stayed popular now […]
Commercial Real Estate & Business News – March 19, 2015
Fed Meeting Indicates Rates Could Rise, But Maybe Not in June Counting on further improvement in the job market and rising inflation, the Federal Reserve Open Market Committee indicated it was moving closer to raising interest rates this year, though the changes likely won?t come for a few months, Bloomberg reports. Fed chairman Janet Yellen […]
