Commercial Real Estate & Business News – December 10, 2014
Phoenix: A Sunny Outlook Employment and real estate bounce back from the depths of the Great Recession: Phoenix stands as the exception to the still-dreary economic news coming out of Arizona. Unemployment has fallen to 6%, the real estate market has mostly rebounded… Read more » Snoozing and Losing: Dearth of Shovel-Ready Development Hurts Phoenix Rebound, Business […]
Commercial Real Estate & Business News – December 9, 2014
Speculative Offices, Restaurants, Business Hotel Coming to $700M Development in Chandler A San Diego developer is building speculative office, retail and restaurant space in Chandler along with a new 210-room hotel. The move is part of the build-out of a $700 million, 150-acre development near the junction of the Loops 101 and 202 in the […]
Commercial Real Estate & Business News – December 8, 2014
Arizona to See Better Growth in 2015, Experts Say Economists think 2015 will bring a better year for the state in job and population growth. The economic recovery will remain slow by Arizona’s historical standards, but an improved national economy is expected to help lift the state’s near-term fortunes, said Lee McPheters, director of the […]
Commercial Real Estate & Business News – December 5, 2014
Principal Real Estate Investors Releases 2015 U.S. Commercial Real Estate Outlook One of the largest institutional real estate managers in the United States, released its annual strategy outlook for commercial real estate. The report details the key themes expected to drive the U.S. commercial real estate market in 2015, including stronger economic growth in the […]
Commercial Real Estate & Business News – December 4, 2014
Bob Parsons Adds To Commercial Real Estate Holdings In Tempe With $28.55 Million Deal In four deals completed during the past year, GoDaddy.com founder Bob Parsons has invested just under $100 million to purchase almost 375,000 sq. ft. of highly coveted office and retail properties in the red hot market near Arizona State University in […]
Commercial Real Estate & Business News – December 3, 2014
What?s Next at the Esplanade? The Esplanade has announced that this premier mixed-use development will undergo renovations to the ground plane and retail space with work slated to begin in first quarter 2015. Renovation plans currently include strategies to open up the three main entry points to the retail portions of the property to make […]
