Experts Tout a Hot Arizona Market at Forecast Event
By Peter Madrid for Institute of Real Estate Management Greater Phoenix Chapter The theme of the 13th Annual IREM-CCIM Economic Forecast was “The Real Scoop.” Judging by the comments of economists and industry panelists, the message that resonated was “Phoenix and Arizona are on fire.” “Last year we talked about being late in the game […]
2020 CRE Outlook: How Phoenix Shapes Up
By Steve Burks for AZ Big Media Consistency may be boring, but when it comes to the commercial real estate outlook and the Greater Phoenix commercial real estate industry, no change is good for business. The United States is in what most economic experts feel are the latter stages of a growth cycle that is […]
Investors Move Past the Traditional in PHX, North America
By Roland Murphy for Arizona Builder’s Exchange Autumn is rolling across North America, and capital is continuing to roll into commercial real estate locally, regionally and globally. However, investors are looking outside their traditional comfort and target zones due to limited supply in many areas and compressing cap rates. In its “Fall 2018 North America […]
Baseball Stadium Could Boost CRE Investment
By Richard Sarkis for Reonomy Despite a recent resurgence in form – their 93-69 record was good enough for fifth-best in the Majors last year – the Arizona Diamondbacks have struggled to fill seats at Chase Field. During the D-back’s 81 home games in the 2017 season, average attendance stood at a meager 26,350, just 54.2 […]
Experts Weigh in on State of Development
By Roland Murphy for Arizona Builder’s Exchange Four commercial real estate and development leaders gave their predictions for what lies ahead in 2018 at Valley Partnership’s Friday Morning Breakfast program, Jan. 26. Following a brief address by Republican U.S. Senate candidate, and current congressional representative, Martha McSally, moderator Mark Detmer, managing director of JLL, introduced […]
Quotes Altered in CoStar/Xceligent Fight
By Roland Murphy for Arizona Builder’s Exchange Last week I compiled information from some half-dozen different articles and outlets about the ongoing copyright and anti-competition lawsuits between CoStar Group and Xceligent. It was an interesting story regarding two of the biggest players in the U.S. commercial real estate sphere. (AZBEX, Oct. 27) The quick summary: […]
Ariz.’s 1st Crowdfunded RE Company Launches
By Roland Murphy for Arizona Builder’s Exchange Sometimes you come across a story that’s really something groundbreaking, interesting and that has the potential to be a game changer in important areas you cover. Most long-time reporters will tell you there are two great sources of frustration in doing their job. The first is trying to […]