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5 Most Expensive Cities in Arizona Real Estate Market If you have been watching the real estate market in Arizona, it is no surprise that we have seen a sharp increase in home prices for the past 20 months. One factor that home buyers are considering is the price per square footage. Even since … [Read more...] about Commercial Real Estate & Business News – December 3, 2021

Retail, Restaurant Focused Mixed-Use Development Coming to Gilbert Near SanTan Village A mixed-use development with a focus on community spaces and higher-end retail and restaurants is getting ready to start construction in Gilbert, just north of the SanTan Village shopping center. The project, … [Read more...] about Commercial Real Estate & Business News – December 2, 2021

IREM Greater Phoenix Announces 2022 Leadership, Board Members The Greater Phoenix Chapter of the Institute of Real Estate Management (IREM), an international community of real estate managers dedicated to ethical business practices, has announced its leadership and board members … [Read more...] about Commercial Real Estate & Business News – December 1, 2021

Black Friday Lightens Up as Retailers Post Impressive Y-O-Y Gains Black Friday foot traffic at U.S. malls, while off compared to prior years, displayed impressive year-over-year gains, according to data firm Placer.ai. Traffic was up 83.5% at indoor malls and 44% at outdoor malls … [Read more...] about Commercial Real Estate & Business News – November 30, 2021

Industrial Deals Have Now Surpassed 2020 Levels Industrial sales volume so far this year has already surpassed 2020’s year-end total, with $51.2 billion in deals closed through October. The average sale price of industrial assets is now at $110 per square foot, a 25% increase … [Read more...] about Commercial Real Estate & Business News – November 29, 2021

Arizona Projected to Add More Than 700,000 Jobs by 2030 More than 700,000 jobs will be created in Arizona in the next decade, another sign of Arizona’s economic prowess coming out of the pandemic. According to a new report from the Arizona Office of Economic Opportunity (OEO), which studies the … [Read more...] about Commercial Real Estate & Business News – November 24, 2021