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Here’s why Scottsdale and Tempe are Experiencing a Development Boom While the COVID-19 pandemic may have curbed progress for a lot of businesses in the East Valley, construction showed no signs of slowing down. Massive multifamily housing communities, expansive business campuses, eye-catching … [Read more...] about Commercial Real Estate & Business News – July 23, 2021

Apartment Rents Are Rising In Nearly Every Major US City Amid a Housing Shortage Apartment owners and landlords in major U.S. cities are increasingly raising the rent. In 44 of the 50 largest U.S. cities, rents reached record highs, with three cities recording year-over-year rent growth steeper … [Read more...] about Commercial Real Estate & Business News – July 22, 2021

Retail Sales Solid in June Retail sales edged up in most categories in June and were up across the board on a yearly basis. That’s according to the National Retail Federation, which reported that June retail sales were up 0.8% from May and 12.1% year-over-year. (NRF’s calculation of retail sales … [Read more...] about Commercial Real Estate & Business News – July 21, 2021

Here’s why Scottsdale and Tempe are Experiencing a Development Boom While the COVID-19 pandemic may have curbed progress for a lot of businesses in the East Valley, construction showed no signs of slowing down. Massive multifamily housing communities, expansive business campuses, eye-catching … [Read more...] about Commercial Real Estate & Business News – July 16, 2021

How Can Arizona Keep up With Increased Construction Labor Demands? The five C’s of Arizona — copper, cattle, climate, cotton and citrus — have a long history of being the pillars that held up the state’s economy. Today, there is a new C that is driving the state’s growth: construction. After an … [Read more...] about Commercial Real Estate & Business News – July 15, 2021

Top Projects That Will Reshape Phoenix Despite countless factors working against economic development, Greater Phoenix continued to see growth over the past year. Thanks to its highly skilled, diverse workforce and pro-business climate, the Valley is a magnet for relocating businesses across the … [Read more...] about Commercial Real Estate & Business News – July 14, 2021