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Commercial Real Estate & Business News – May 24, 2024

Developer to Breathe New Life into Abandoned Phoenix Golf Course, Build 415 Homes An abandoned golf course at the southeast corner of 59th and Southern avenues in Phoenix's Laveen Village could get a new lease on life, after years of intense talks between the property's owner and community … [Read more...] about Commercial Real Estate & Business News – May 24, 2024

Commercial Real Estate & Business News – May 23, 2024

$250 Million Park Algodon Breaks Ground in Phoenix Park Algodon, a $250 million industrial and mixed-use project in Phoenix, officially broke ground this week by leading Phoenix-based real estate development firm Creation, alongside joint-venture partner Clarion Partners. To mark the occasion, … [Read more...] about Commercial Real Estate & Business News – May 23, 2024

Commercial Real Estate & Business News – May 22, 2024

High-Rise Apartment Proposed at Former Tempe College Bar Site A high-rise student housing tower proposed on the site of a shuttered, formerly popular college bar in Tempe could face an uphill battle for approval after an icy reception from a city commission. Landmark Properties, a Georgia-based … [Read more...] about Commercial Real Estate & Business News – May 22, 2024

Commercial Real Estate & Business News – May 21, 2024

Biggest Availability Rate Drop in US Occurs in These Two Markets Conditions in many retail markets across the country have reached near the tightest level on record, but while available space has dwindled quickest in areas throughout the Sun Belt and Midwest, Phoenix and Indianapolis stand out as … [Read more...] about Commercial Real Estate & Business News – May 21, 2024

Commercial Real Estate & Business News – May 20, 2024

How Redevelopment Strategy Created a Dynamic Downtown Phoenix In the heart of Phoenix, a wave of redevelopment has swept through downtown marking an evolution in its urban landscape. Spearheading this resurgence are three distinct trends: the burgeoning bioscience core, the adaptive reuse of … [Read more...] about Commercial Real Estate & Business News – May 20, 2024

Commercial Real Estate & Business News – May 17, 2024

Phoenix Still a Top US Market for Big-Box Industrial Growth, Report Says Phoenix has kept its title as one of the top markets in the country for the growth of large warehouse space even as the sector has cooled off nationally, according to a CBRE Group Inc. report. The Valley had a 6% growth rate … [Read more...] about Commercial Real Estate & Business News – May 17, 2024