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Commercial Real Estate & Business News – December 11, 2017

December 11, 2017 by Nick Miner, CCIM   No comments   Filed Under: Daily News

Economy Watch: U.S. Gains 228K Jobs in November

Total U.S. payroll employment rose by 228,000 in November, the Bureau of Labor Statistics reported on Friday. That’s a bit less than in October, when the revised number of net new jobs was 244,000, but more than the monthly average for 2017 so far, which is 174,000 per month (and 2016, when the monthly average was 187,000)…»

Experts Discuss Retail’s Reinvention at ICSC’s 2017 NY Deal Making Conference
 
Sources interviewed at the conference said they were optimistic about retail’s reinvention in the year ahead, now that most “retail apocalypse” talk seems to be in the rearview mirror. In 2018, answering a community’s needs will be the focus at both malls and strip centers nationally, as those landlords pursue re-tenanting and reinvesting…»
Downtown Phoenix’s Roosevelt Row Continues to Attract Developers, Businesses
 
Boarded-up buildings and weed-filled vacant lots were the norm in metro Phoenix’s oldest historic neighborhood not too long ago. Now, the 100-plus-year-old Roosevelt District in downtown Phoenix has evolved before our eyes into Roosevelt Row, one of the most popular neighborhoods in not only metro Phoenix but the U.S…»
ORION Facilitates Phoenix Office Property Sale

The two-story building, constructed in 2003, contains three roll-up doors and sits just west of the 126-acre General Dynamics Mission Systems campus. Located one mile west of the Pima Freeway and two miles north of the Red Mountain Freeway, the property is served by three bus lines operated by Phoenix’s Valley Metro system. A number of retail centers and restaurants are in the immediate area…»

South Mountain Freeway Construction Overcomes Another Legal Roadblock

The 22-mile South Mountain Freeway “will provide a direct link between the East Valley and West Valley and a much-needed alternative to Interstate 10 through downtown Phoenix,” according to the department…»

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Nick Miner, CCIM

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

480-226-8037
nick@nickminer.com

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