Food Consumption Patterns Have Clearly Changed But Are They Permanent?It is clear that, with consumers hunkered down at home, their food consumption habits have changed drastically since the onset of Covid-19. Restaurants and the fine dining experience are out, while home cooking and takeout and … [Read more...] about Commercial Real Estate & Business News – May 4, 2020

Park Central Ramps up Leasing Activity Despite SlowdownThe revitalized Park Central project has enjoyed increased leasing activity despite the economic downturn, with three new leases signed in the past few months. Interface Technologies has signed a lease to occupy the entirety of the … [Read more...] about Commercial Real Estate & Business News – May 1, 2020

Ducey's Challenge as Deadline Nears: Balancing Public Health with Economy's Amid PandemicAs Arizona's stay-at-home order rapidly nears its Thursday expiration date, Gov. Doug Ducey has remained tight-lipped about his plans for the sweeping restrictions that have devastated the state's economy in the … [Read more...] about Commercial Real Estate & Business News – April 29, 2020

The State-by-State Battle to Fend Off the CoronavirusWhen are 4.5 million jobless claims good? When they're down from 5 million. That's the reality of the situation right now, and the continued drop in those Googling "how to file for unemployment" suggests the fall will continue. Everything is still … [Read more...] about Commercial Real Estate & Business News – April 28, 2020

Arizona Tech Employment Grows by 8,000 Net New JobsInformation technology (IT) employment in Arizona grew by estimated 8,000 net new jobs in 2019, capping a decade in which the state's tech-related labor force expanded by more than 52,400 workers, according to Cyberstates 2020™, the … [Read more...] about Commercial Real Estate & Business News – April 27, 2020

Coronavirus Pandemic Forecast to Create Surge in Demand for Warehouse/Distribution SpaceThe Greater Phoenix Industrial market could be poised for a surge in demand for warehouse/distribution space, according to a report released today by Colliers International in Arizona.  The "stay at home" orders … [Read more...] about Commercial Real Estate & Business News – April 24, 2020