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Lee & Associates - Arizona | Week in Review | Friday, July 25, 2014

07/25/2014


LEE IN THE NEWS

 

Isagenix International Coming to 250-Acre Rivulon Development

Columbus-based Nationwide Realty Investors announced today that it has signed a lease with Arizona based health and wellness leader Isagenix International, LLC to occupy a three-story single-tenant building at its master-planned Rivulon development in Gilbert, AZ. COMMERCIAL EXECUTIVE

 

Lee & Associates’ Rinkov: This is a great time to work in commercial real estate

The top managers with Lee & Associates gathered earlier this month at the Langham hotel in Chicago’s River North neighborhood to discuss the state of the commercial real estate market and the company’s plans for the future. REJOURNALS.COM

 

 

LOCAL NEWS

 

RED, Levine, PB Bell among bidders for Downtown Phoenix ‘Psycho’ building

The city of Phoenix has released the names of the seven bidders looking to redevelop the Barrister Place building at Central Avenue and Jefferson Street. PHOENIX BUSINESS JOURNAL

 

Arizona, Texas Head List Of Best States For Expected Job Growth

But the economic picture has brightened considerably in Arizona, as the housing market stabilized and unemployment hit a post-recession low of 7.8% in May. FORBES

 

Report indicates retail spending up in Arizona

The jobs may not be returning very fast, but a new report Monday shows the Arizonans who are employed are loosening up on their wallets. EAST VALLEY TRIBUNE

 

Tempe Chamber worries FAA height rules will take big bite out of Town Lake, ASU development

The Tempe Chamber of Commerce worries proposed building height restrictions near airports could take a big bite out of development plans — and economic activity — at Tempe Town Lake and Arizona State University. PHOENIX BUSINESS JOURNAL

 

 

NATIONAL & INTERNATIONAL NEWS

 

US jobless claims tumble to lowest level in nearly a decade

The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction. CNBC

 

The story behind Amazon's improbable lease of an old Seattle Children's building

Amazon.com usually leases new office buildings, so it was a big surprise when the company leased an old one from Seattle Children's Research Institute, as the Puget Sound Business Journal reported this week. PUGET SOUND BUSINESS JOURNAL

 

New Lenders Enter Property Market and Think Small

A new group of lenders has begun to target properties valued at $10 million and less, and that is good news for mom and pop landlords and small-business owners. WALL ST. JOURNAL

 

The Future of Malls in America

Mark Twain once commented that reports of his death are premature and the same can be said of shopping malls in the US. GLOBE ST.

 

 

 

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07/25/2014 - 09:00

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