• Skip to primary navigation
  • Skip to main content
       480-612-0384        nick@nickminer.com                     

Nick Miner, CCIM

  • Home
  • News/Blog
  • Properties
    • Listings
    • Recent Transactions
  • Market Reports
  • About
  • Contact
  • Consulting

Commercial Real Estate & Business News – August 14, 2017

August 14, 2017 by Nick Miner, CCIM   No comments   Filed Under: Daily News

Healthy Job Growth Will Support Steady Absorption in the Office Sector
A total of 209,000 new jobs were created in July, more than the 183,000 jobs expected, the U.S. Bureau of Labor Statistics reported last week, and the national unemployment rate fell to 4.3 percent. The number of employed Americans hit a new high of 146.6 million, causing the employment-to-population ratio to move up to 60.2 percent, the highest level since February 2009. …»
Conair Footprint Grows with New Distribution Center
In just a year’s time, a vacant dirt field in the Glen Harbor Business Park has been transformed into the second largest industrial building in the Valley. With the Aug. 1 grand opening of Conair’s all new, 800,000 square foot, state of the art distribution center, the facility becomes the largest campus within their corporate system allowing this innovative, international leader to ship its products directly to the final consumer. …»
Sale of Phoenix-owned Sheraton Includes $97M Tax Break
As Phoenix negotiates the sale of the city-owned Sheraton hotel in downtown, a new aspect of the deal is sparking controversy: a proposed $97 million tax break for the buyer. The city already expects to take a hefty loss on the Sheraton. In July, Phoenix entered into exclusive talks to sell to TLG Phoenix LLC, an investment company based in Florida, for $255 million.…»
See Which Scottsdale REIT was Acquired last Week
Starwood Waypoint Homes, a Scottsdale-based real-estate investment trust, merged this week with Invitation Homes in a deal that will birth a colossal single-family rental home owner with an $11 billion market capitalization and a whopping 82,000 homes in over a dozen metro areas. The new company will operate under the Invitation name.…»
Henley USA Makes Major Investment in Arizona
Henley USA, a Boston-based division of Henley Investments, a UK-based private equity real estate investor, has acquired two large apartment communities totaling 481 units in suburban Phoenix. The properties were acquired by Henley Modern Residential, a new partnership between Henley USA and Arizona-based Modern Residential, a multifamily real estate team headed by Mitchell Bradford. As part of the transaction, Henley purchased the following properties from Mentor Properties…»

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

FOLLOW NICK ON TWITTER

  • For Sale or Lease | Commercial PAD | Join Goodwill, McDonald’s, Salad & Go | Tolleson, AZ #Land #forsale #Tolleson… https://t.co/nTSwqpYXhv about 12 hours ago
  • Commercial Real Estate & Business News – January 26, 2021 #Phoenix #AZ #CRE #news 1-26-2021 https://t.co/5F5OMbBJTb via @nickminer about 18 hours ago
@nickminer

Site Library

SITE CATEGORIES