Commercial Real Estate & Business News – November 22, 2013
Turnaround Towns: How Orlando and Phoenix are Making a Comeback For a long time the sunny weather in Phoenix and Orlando was matched by their economic climates, as both enjoyed soaring housing prices and prosperity in the early 2000s. Then the Great Recession jolted the cities like a roller coaster at one of Orlando’s theme […]
Commercial Real Estate & Business News – November 21, 2013
Residential Project Kicks off at Scottsdale Quarter The long-awaited residential component at Scottsdale Quarter was breaking ground this afternoon, also kicking off the third and final phase of the entire mixed-use shopping center. Located at the northeast corner of Scottsdale Road and Greenway-Hayden Loop, the 275-unit luxury apartment project – dubbed Crescent Scottsdale Quarter – […]
Commercial Real Estate & Business News – November 20, 2013
Chandler, Gilbert Among Best Cities for Home Sellers Where are the best spots in the country to sell a home right now? According to research from Movoto, two Arizona cities made the cut. Chandler and Gilbert are among them. The online brokerage recently ranked Chandler and Gilbert ninth and tenth, respectively, in the nation. Scroll […]
Commercial Real Estate & Business News – November 19, 2013
Phoenix Area Will be Among the Fastest Growing Metro Regions Next Year A new national report predicts the Phoenix area will be among the fastest-growing metro regions of the country next year, posting figures well ahead of the more-plodding gains forecast by Arizona’s economists. The report, released Monday for the U.S. Conference of Mayors, suggests […]
Commercial Real Estate & Business News – November 18, 2013
Lowe Enterprises Teaming Up with JP Morgan Entity to Buy Valley Office Projects A joint venture formed by Lowe Enterprises in Los Angeles and J.P. Morgan Asset Management has agreed to pay $50+ million to buy 325,824 sq. ft. of office space in two projects in Phoenix and Scottsdale. The properties are owned by CJK […]
Commercial Real Estate & Business News – November 15, 2013
REITs Need To Focus On Low Leverage and High Transparency for Future Success While in many respects the last two decades can be viewed as a “golden era” for real estate investment trusts, having grown from a total market capitalization of $32 billion in 1993 into a market force on Wall Street with a market […]
