Lee & Associates - Arizona | Week in Review | Friday, July 1, 2016
Lee CEO Rinkov on Firm’s ‘Unique’ Structure The Lee & Associates model of broker ownership carries the ‘DNA” of founder Bill Lee’s original conception while spurring its growth across geography and product type, Jeffrey Rinkov tells GlobeSt.com. GLOBE ST.
$1B semiconductor spin-off landing headquarters in Tempe Allentown, Pennsylvania-based Air Products is spinning off its electronic materials division into a company called Versum Materials. Versum will be based in Tempe. PHOENIX BUSINESS JOURNAL
Scottsdale OKs plan for $175 million waterfront hotel, condo project Plans to build a five-story luxury hotel and residential complex along the Arizona Canal in downtown Scottsdale cleared the City Council on June 21, and construction of the $175 million project could start early next year, according to the developer. AZ CENTRAL
Arizona's Economy Poised For Continued Growth Arizona is garnering national attention for job gains. While there's always more work to be done, earlier this year, Arizona finally gained back all of the jobs lost during the Great Recession. ARIZONA GOVERNOR
Arizona businesses treading a new trade path to Asia Expanding into global trade is a strategic move necessary for companies to grow — and it’s not just widgets that make for good global trade with Asia. PHOENIX BUSINESS JOURNALS
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Bisnow Special Report: Industry Titans On What Brexit Means For US Real Estate When NYC real estate royalty Richard LeFrak woke up in London yesterday, he knew the world was forever changed. BISNOW
Hines REIT Approves $1.7 Billion Asset Liquidation Plan The plan, which is subject to stockholder approval, takes advantage of the current strong demand for high-quality assets by institutional buyers, and includes Hines REIT entering into a definitive agreement to sell seven West Coast office assets in a cash transaction for $1.162 billion. COSTAR