Billionaire Mall Owner: 'Amazon has Been Great for Retail' Here's Why At a time when retail stores have been closing due to the "Amazon effect," billionaire mall owner Rick Caruso says "Amazon has been great for retail." "What (Amazon has) shown us is a path to success," the owner of The Grove … [Read more...] about Commercial Real Estate & Business News April 10, 2018
Commercial Real Estate & Business News April 9, 2018
The March Jobs Numbers Show the Economy Is Sound, but Far From Invincible The March employment numbers were a disappointment, but only relative to extremely optimistic expectations. The basic story of a robust United States job market remains very much intact - though with an important asterisk. … [Read more...] about Commercial Real Estate & Business News April 9, 2018
Commercial Real Estate & Business News – February 5, 2018
U.S. Added 200,000 Jobs in January; Unemployment at 4.1 Percent Another month, another solid jobs report. The pace of job growth has slowed somewhat over the last two years, but the economy is still adding jobs at about 2 million a year - a solid figure at a time when the unemployment rate is so … [Read more...] about Commercial Real Estate & Business News – February 5, 2018
Commercial Real Estate & Business News – February 2, 2018
Signs of the Time: How Amazon is Driving Real Estate and What it Means Amazon.com Inc. (Nasdaq: AMZN) is now the largest industrial real estate tenant in the Phoenix regional market as e-commerce led by the Seattle-based giant becomes a bigger and bigger part of the U.S. economy. Mike Petrivelli, … [Read more...] about Commercial Real Estate & Business News – February 2, 2018
Commercial Real Estate & Business News – January 31, 2018
Arizona Lands $1B Electric Semi-truck Plant, 2,000 Jobs Nikola Motor Co. has picked Arizona for a $1 billion, 2,000-job manufacturing plant and will also move its research and development and headquarters operations to Buckeye. The plant will be west of Phoenix and sit on 500 acres. Nikola will … [Read more...] about Commercial Real Estate & Business News – January 31, 2018
Commercial Real Estate & Business News – January 30, 2018
Four Predictions for Student Housing in 2018 For the student housing sector, 2018 should once again prove a strong year, according to industry experts. College attendance is not slowing-even if graduate school applications decrease amid a low national unemployment rate. However, there are still … [Read more...] about Commercial Real Estate & Business News – January 30, 2018