Brick-And-Mortar Retailers Rush to Open More Fulfillment Centers Sam's Club plans to spend the coming months converting closed stores into distribution centers to fill online shopping orders, joining other national retailers in scrambling to grab up warehouse, industrial or even former big box … [Read more...] about Commercial Real Estate & Business News July 16, 2018

Commercial Real Estate Implications of the Steel and Aluminum Tariffs When the temporary exemptions on steel and aluminum tariffs granted to Canada, Mexico and the European Union expired on May 31, 2018, the commercial development industry found itself faced with a sudden and dramatic increase in … [Read more...] about Commercial Real Estate & Business News July 13, 2018

Kierland Mixed-Use Development Heads to Phoenix Planning Commission Developers of a proposed mixed-use project on the border of Phoenix and Scottsdale were asked to forgo density and add parking after the Paradise Valley Village Planning Committee recommended approval of the project with … [Read more...] about Commercial Real Estate & Business News July 12, 2018

How Retailers Are Competing With Amazon Everyone is talking about how Amazon is turning retail on its head and what it will mean for the future of brick and mortar retail. Home building professionals at PCBC 2018learned more about this disruption in the session, Retail Realities in the Age of … [Read more...] about Commercial Real Estate & Business News July 11, 2018

Metro Phoenix Homebuilding Hits Decade High New houses are going up in the Phoenix area at the fastest pace in 10 years, and prices are climbing faster than they have in five years. Buyers are again heading to Valley suburbs farther out to find houses they can afford. All are signs that metro … [Read more...] about Commercial Real Estate & Business News July 10, 2018

US Adds 213,000 Jobs in June, Better than Expected, but Wage Growth is Light The employment part of the economy continued to power forward in June, adding another 213,000 jobs though the unemployment rate rose to 4 percent, according to a government report Friday. Economists surveyed by Reuters … [Read more...] about Commercial Real Estate & Business News July 9, 2018