Commercial Real Estate & Business News – December 18, 2014
Commercial Property Pricing Trends Continue Upward March The latest CoStar Commercial Repeat Sale Indices (CCRSI) continued to track the upward progress of property pricing trends, with commercial property values boosted by minimal speculative construction, a firming economic recovery and the combination of rising rental rates and low benchmark interest rates, such as the 10-year Treasury, […]
Commercial Real Estate & Business News – December 17, 2014
Four Multifamily Trends Spilling Into 2015 With 2014 coming to a close, many are planning their strategies for the year ahead. But what’s can we expect in the coming quarters? What sectors and cities are hottest? What weak spots remain the Southeast that investors should beware of?… Read more » Cypress/Harbert Venture Pays $71.5 Million For Tempe […]
Commercial Real Estate & Business News – December 16, 2014
PREA Members Forecast Improvement for CRE Industry in 2015 The good times for commercial real estate are likely to keep going a little longer, according to experts surveyed for the latest Consensus Forecast survey from the Pension Real Estate Association (PREA). ?Forecasters continue to become more optimistic for 2015,? says Greg MacKinnon, director of research […]
Commercial Real Estate & Business News – December 15, 2014
Economy Watch: Retail Sales, Household Net Worth, Unemployment Claims The Census Bureau reported on Thursday that U.S. retail and food services sales for November came in at $449.3 billion, an increase of 0.7 percent from the previous month, and 5.1 percent above November 2013. The September-to-October 2014 percent change was revised from a gain of […]
Commercial Real Estate & Business News – December 12, 2014
Holiday Shopping Boosts US Retail Sales U.S. retail sales perked up in November, as cheaper gas and an improving job market fueled a promising start to the holiday shopping season. Retail sales rose a seasonally-adjusted 0.7 percent, the most in eight months, the Commerce Department said Thursday. Falling gasoline prices dented gas stations receipts by […]
Commercial Real Estate & Business News – December 11, 2014
Chicago Company Buys Scottsdale Four Seasons for $140M Strategic Hotels paid $140 million for the 210-room, AAA Five diamond destination. The Four Seasons is on a 40-acre piece of land in north Scottsdale and has contractual access to the Troon North Golf Club, which is adjacent to the hotel… Read more » North Phoenix Office Center Sells […]
