Commercial Real Estate & Business News – May 1, 2023
Two New Economic Reports That Point to Cooling Inflation This is a day of good news on the inflation front that may not matter to the Federal Reserve, at least for now. First, compensation costs for private workers were up a seasonally adjusted 1.2% for the first quarter of 2023, according to the Bureau of […]
Commercial Real Estate & Business News – April 28, 2023
Main Street with Retail, Office, Commercial Planned as Last Piece in Peoria Community One of the final pieces of a major community in Peoria is slated to start construction next year and will feature a new commercial core across 320 acres. The site is being branded as Five North at Vistancia, a high-quality lifestyle hub […]
Commercial Real Estate & Business News – April 27, 2023
Trammell Crow Company buys 192 acres in Mesa for $28M Trammell Crow Company (TCC), a global real estate developer, and CBRE Investment Management, on behalf of a separate account client, have acquired a 192-acre development site in Mesa, Arizona. The master site will be divided into ‘shovel-ready’ lots that will range from 12 acres, up […]
Commercial Real Estate & Business News – April 26, 2023
Phoenix Proposes Millions in Reimbursements to Kick Off Tech Corridor The city of Phoenix is looking to turn remaining vacant farmland along a major freeway corridor into a new industrial and technology-focused center. Phoenix wants to help developers bring new industrial buildings to the Loop 202 in the Laveen area in the south part of […]
Commercial Real Estate & Business News – April 25, 2023
Behind the Deal: Why Discount Tire Picked North Phoenix for its New HQ Campus Scottsdale-based Discount Tire Co. embarked on a search that lasted years and spanned the Valley for its new office headquarters that will be located in north Phoenix. The tire and wheel retailer plans to build a new office complex in north […]
Commercial Real Estate & Business News – April 21, 2023
Mixed-Use Project Near Scottsdale Fashion Square ‘Months Out’ From Construction The developer has laid the groundwork for a big project in a prominent area of Scottsdale, but vertical construction is still a few months away. Hazel & Azure, a development that would bring more than…» LogistiCenter at Copperwing — at 10 Million SF — Breaks […]