Commercial Real Estate & Business News – March 8, 2017

A majority of commercial real estate investors plan to be net buyers this year, the highest level since 2014, spurred by prospects of increased U.S. economic growth and less regulation, a survey of investor intentions showed on Tuesday. ...»
Dick's Sporting Goods, REI, Bimbo Bakeries USA and Sub-Zero are four humongous buildings along Loop 303 in Goodyear, part of a growing effort to attract industrial employers to the West Valley. The distribution centers, all part of the PV303 business park that runs from Thomas Road to Camelback...»
Developers still hope that Millennials will help fill the slowly growing number of vacant apartments across the United States. They might be right. More than a million Millennials still live at home-less than a few years ago, but still a substantial number, including some who are likely to eventually rent apartments....»
Almost 15 years ago, Mesa landed a starring role on national prime-time TV. But it was the kind of publicity no city wants. Mike Wallace, the legendary - and feared - correspondent for CBS' "60 Minutes," had come to town to look into a nasty spat about the future of a prime corner in downtown Mesa. ...»
Phoenix Galvanize is now open in the Warehouse District of downtown. Denver-based Galvanize Inc., the learning community for technology, opened its educational and co-working campus Feb. 20 to host the opening day of Phoenix Startup Week. The third largest Galvanize campus in the country has already attracted 220 members from 48 companies ...»

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