Commercial Real Estate & Business News – March 3, 2014
Baron Properties Buying 260 Apartments In Peoria For $30.05 Million In a deal scheduled to close at press time, Baron Properties in Greenwood Village, Colo. (J. Jeffrey Riggs, Scott Fisher, T.J. Tarbell, principals) was expected to pay $30.05 million ($115,577 per unit) to buy the 260-unit Alta Park West apartments located at 9680 W. Northern […]
Commercial Real Estate & Business News – February 28, 2014
Leclerc Foods Adds Phoenix Facility Leclerc Foods USA, a North American cookie, snack bar and cracker manufacturer, announces the acquisition of a 166,500-square-foot building in the Freeport Business Center for expansion of its operations in Phoenix. The building is located at 440 S. 51st. Ave. Resulting from an investment of nearly $50 million… Read more […]
Commercial Real Estate & Business News – February 27, 2014
Spreading Prosperity: Innovation and Job Growth for Arizona’s Future With the quality of panelists and speakers assembled for ULI Arizona District Council’s 9th annual Trends Day, the theme – “Spreading Prosperity” – was apropos. Where else but at ULI’s Trends Day does an audience of almost 900 real estate and business leaders get to hear […]
Commercial Real Estate & Business News – February 26, 2014
Commercial Real Estate Outlook Positive but Moderating Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of Realtors quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, said fundamentals are still on an uptrend. “Growth in commercial real estate sectors continues… Read more Enterprise […]
Commercial Real Estate & Business News – February 25, 2014
America’s 20 Fastest-Growing Cities To cull our list, we began with the 100 most populous Metropolitan Statistical Areas (MSAs) in the U.S., geographic areas designated by the U.S. Office of Management and Budget that include cities and their surrounding suburbs. Phoenix also makes the list this year, jumping a whopping five spots to No. 3. […]
Commercial Real Estate & Business News – February 24, 2014
Walmart Accelerates Small Store Growth Wal-Mart Stores Inc. plans to accelerate its capital plan for U.S. small store format openings significantly for the current fiscal year. The company is expanding its original capital forecast provided last October, and now expects to add approximately 270 to 300 small stores during the fiscal year, doubling its initial […]
