Nick Miner, CCIM

Sam's Club Goes Chainwide With Curbside PickupSam's Club plans to roll out curbside pickup service to all 597 of its warehouse clubs by the end of June. The Walmart wholesale club chain said Thursday that the national launch of curbside pickup comes after a 16-store pilot drew a strong response from … [Read more...] about Commercial Real Estate & Business News – June 12, 2020

Fed Signals Interest Rates Will Likely Stay Near Zero at Least Through 2022 Amid COVID-19Despite last week's blockbuster jobs report, the Federal Reserve is showing no letup as it continues to respond aggressively to economic damage from the coronavirus pandemic that could linger for years. The Fed … [Read more...] about Commercial Real Estate & Business News – June 11, 2020

The Recovery from the Coronavirus Sure Looks V-shaped, Going by These ChartsThe possibility of a V-shaped recovery - a sharp fall in economic activity followed by a dramatic rise - has been a hot topic of debate since the coronavirus pandemic led to widespread business closures across the United … [Read more...] about Commercial Real Estate & Business News – June 10, 2020

Construction Employment Sees Record Rebound in MayOne way to look at this stunning jobs report is to suggest that economists missed the mark by approximately 10.5 million jobs," said ABC Chief Economist Anirban Basu in a press statement. "Economists polled by Dow Jones had forecasted a decline … [Read more...] about Commercial Real Estate & Business News – June 9, 2020

Positive Outlook for Arizona's Economic Comeback From COVID-19Prominent Valley business and education leaders said that some positive changes have come out of COVID-19 that should help Arizona's economy recover.  The state also is better positioned to rebound than other states because of its … [Read more...] about Commercial Real Estate & Business News – June 8, 2020

1 Million-Square-Foot Data Center Planned for West ValleyStack Infrastructure, a technology infrastructure company based in Denver, plans to build a 1 million-square-foot data center on 79 acres in Avondale. The Avondale center will be the company's entrance into Arizona, and will be built less than … [Read more...] about Commercial Real Estate & Business News – June 5, 2020