Commercial Real Estate & Business News – May 7, 2014
American Airlines Group Renews Lease Fort Worth-based American Airlines Group renewed a 201,724-square-foot lease at Rio West Business Park, a class A office complex located at 1821, 1921 and 2021 W. Rio Salado Parkway in Tempe… Read more Hayden Ferry Lakeside III breaks ground Tempe Mayor Mark Mitchell and Tempe city council members joined developer […]
Commercial Real Estate & Business News – May 6, 2014
1Q Apartment Deal Volume Falls, But With a Big Caveat Excluding portfolio deals, sales of individual apartment properties increased 28 percent compared to the first quarter of 2013. That’s because the massive $6.5 billion portfolio sale of Denver-based Archstone occurred in the first quarter of 2013, skewing the results in last year’s favor… Read more […]
Commercial Real Estate & Business News – May 5, 2014
WinCo Announces Opening of Phoenix Distribution Center WinCo Foods LLC announced today that it will begin shipping from its newest distribution center located at 7502 W. Durango St., Phoenix, Arizona, on Monday, May 14, 2014. The center, which includes over 900,000 square feet of warehouse space under roof, will initially service nineteen (19) WinCo Foods […]
Commercial Real Estate & Business News – April 25, 2014
Office Recovery Hits Halfway Point as Demand for Space Spreads Across More U.S. Markets The U.S. office recovery continued to hum quietly along in the first quarter, absent any dramatic surges or spikes. As a result of the measured pace of increasing tenant demand, the national office vacancy rate remained unchanged from the previous quarter […]
Commercial Real Estate & Business News – April 24, 2014
Parcel Sold At Scottsdale Airpark Once Planned For 150,000-Square-Foot Office-Hangar A 9.5-acre parcel with taxi-way access at Scottsdale Airpark that was once planned for a 150,000-square-foot office-hangar has been sold for $8.325 million. Maricopa County records show Boeing V LLC in Phoenix paid cash to buy the site. The seller was Phoenix Dragon Fei LLC […]
Commercial Real Estate & Business News – April 23, 2014
Phoenix Retail Market Goes From Bleak to Bright When the recession was in full swing, one of the markets that took the biggest hit was Phoenix. Residential and commercial real estate were overbuilt in the market, and the retail sector became a casualty. That’s all changing now, as retailers are starting to expand into the […]
