Fed Minutes Show More Rate Cuts Likely Through 2020 The Federal Reserve released the minutes Wednesday from its July Federal Open Markets Committee meeting, showing that more rate cuts are likely through the end of 2020. At the end of its most recent July meeting, the Federal Reserve cut its … [Read more...] about Commercial Real Estate & Business News August 23, 2019
Commercial Real Estate & Business News August 22, 2019
Service Retail Takes Off in Phoenix Service-driven retail is taking off in Phoenix. While the big box market is struggling, service- and entertainment-driven retail concepts are experiencing roaring success. The Block at Pima Center, a new retail development in Scottsdale, is a perfect example … [Read more...] about Commercial Real Estate & Business News August 22, 2019
Commercial Real Estate & Business News August 21, 2019
Nike Pays Nearly $70M for Facility on Metro Phoenix's West Side, Records Show Nike paid nearly $70 million for a facility on metro Phoenix's west side near the Phoenix Goodyear Airport, where other high-profile businesses are setting up shop, records show. Goodyear in July gave the athletic … [Read more...] about Commercial Real Estate & Business News August 21, 2019
Commercial Real Estate & Business News August 20, 2019
Mesa Offices Near Chicago Cubs Spring Training Site Sell for Record $107.6M An office campus in Mesa's Riverview District has sold for $107.6 million, making it the priciest overall office sale in metro Phoenix so far this year. Waypoint's four buildings, with almost 500,000 square feet of space, … [Read more...] about Commercial Real Estate & Business News August 20, 2019
Commercial Real Estate & Business News August 19, 2019
Strong Apartment Performance and Low Interest Rates Draw Buyers to Phoenix Corporate expansions continue to drive in-migration as companies and job seekers seek refuge from the high costs found in other major metros. Allstate Insurance is building a new corporate campus that will provide … [Read more...] about Commercial Real Estate & Business News August 19, 2019
Commercial Real Estate & Business News August 16, 2019
Celebrity Chef Giada de Laurentiis Opening Two Restaurants at Caesar's Republic Scottsdale Hotel Arizona is no stranger to having celebrity chefs in the kitchen nor having our restaurants and chefs placed in the national spotlight on TV shows like "Diners, Drive-Ins and Dives," "Chopped," "Man … [Read more...] about Commercial Real Estate & Business News August 16, 2019