CapRock Has Major Phoenix Plans

By Kelsi Maree Borland for GlobeSt.com  The pandemic isn’t deterring investment in Phoenix, at least not for CapRock Partners. CapRock has pinpointed Phoenix as a target market for industrial investment and development, and it expects the market to continue to benefit from longstanding population and job growth trends, despite the pandemic.  “The demand drivers of Phoenix are very attractive […]

ABC: Nonresidential Employment Up in Feb.

Source: Associated Builders and Contractors The construction industry added 42,000 net new jobs in February, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 223,000 jobs, an increase of 3.0 percent. Nonresidential construction employment increased by 19,800 […]

Construction Labor Market Still Jumps

By Roland Murphy for Arizona Builder’s Exchange Three recent reports show the economy is buzzing right along, but more frequent concerns are being expressed. The first, a Nelson J. Schwartz article published in the New York Times, pointed out the economy added 223,000 jobs in May – 33,000 more than experts had expected – to […]

PHX Named 5th Largest/Fastest Growing City

By Roland Murphy for Arizona Builder’s Exchange Phoenix Mayor Greg Stanton let the news slip at the Bisnow Phoenix New Construction and Development event earlier this month (AZBEX, May 19) and last week the City and other sources jumped on the official announcement: Phoenix is both the 5th largest and the fastest growing city in […]