Commercial Real Estate & Business News – December 11, 2023
2024 Commercial Real Estate Outlook Multifamily and neighborhood retail continue to perform well, and industrial is showing signs of softening. But the future of office is uncertain as central business districts evolve. However, the commercial real estate outlook for 2024 remains largely unchanged from six months ago. “Overall, the outlook…» Here’s how the Southeast Valley […]
Commercial Real Estate & Business News – December 7, 2023
Dutch Tech Company ASM to Build New U.S. Headquarters in North Scottsdale, Add 500 Workers Arizona’s Silicon Desert boom is encouraging semiconductor equipment maker ASM and other technology companies to take a close look at building, relocating or expanding in metro Phoenix. The Dutch company, which has been operating in Phoenix for 47 years, plans […]
Commercial Real Estate & Business News – December 6, 2023
Retailers Go Big As They Invest In Experiences for Shoppers Retail executives have long known that foot traffic increases when they can provide an “experience” for the customer, such as by adding gathering places or dining venues. Retailers are now taking that a step further by featuring in-store experiences such as nail and eyelash salons, […]
Commercial Real Estate & Business News – December 5, 2023
Amkor Will Bring $2B Facility, 2,000 Jobs to Peoria Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, has announced its plan to build an advanced packaging and test facility in Peoria, Arizona. By the time of full project completion, Amkor projects to invest approximately $2 billion and employ approximately…» 300-Acre Project […]
Commercial Real Estate & Business News – December 4, 2023
How the Cost of Building Is Shaping Up for 2024 More price hikes are ahead next year but greater overall stability is also expected, according to JLL’s latest report. Calling 2023 a “year of stabilization for the construction industry,” JLL’s 2024 forecast states a strong project pipeline will keep the industry busy in the…» Phoenix […]
Commercial Real Estate & Business News – December 1, 2023
Amkor to Build $2B Semiconductor Testing Plant in Peoria Amkor Technology Inc., a leading provider of semiconductor packaging and testing services, said it plans to build an advanced facility in Peoria that could cost $2 billion, bring roughly 2,000 jobs and partner with another major chipmaking complex in the northwest Valley. Tempe-based Amkor…» Pennrose Breaks […]