Lee & Associates - Arizona | Week in Review | Friday, March 21, 2014
Arizona construction sector kicks off 2014 with job growth
Arizona lunged into 2014 with a 3.1 percent year-over-year gain in construction employment in January, according to a new report today from the Associated General Contractors of America.
Downtown Phoenix to be Super Bowl Central in 2015
One million visitors are expected to flock to a 12-block area to enjoy free concerts, the NFL Experience, street merchants and beer and wine gardens. AZCENTRAL
Trillium to Build $40M, 297-Unit Apartment at Washington Park
The residential complex will be the residential component of Washington Park complex, a mix of offices, the Airport Aloft Hotel, McDonalds and a pair of convenience stores. Trillium 44 will have nine 4-story buildings and a four-level parking garage. AZBEX
Home values climb for 2nd year in row
In 2013, home values climbed across the region for the second year in a row. But unless more buyers jump into the market this year, prices and sales won't climb. AZCENTRAL
NATIONAL & INTERNATIONAL NEWS
Lee in the News: Lee & Associates Brokers $7.5 Million Industrial Sale in Montebello
Lee & Associates, the largest broker-owned commercial real estate firm in the country, has brokered a $7.5 million industrial sale in Montebello, Calif. REAL ESTATE RAMA
Investor Confidence Reaches 'New Heights'
Five years ago, it seemed the commercial real estate sky literally was falling. Today, confidence is U.S. commercial real estate is rising. That’s the major takeaway from a new Akerman LLP survey of top 200 CEOs, CFO, COOs and other top national real estate executives serving clients across the Americas. GLOBE ST.
Health industry bright spot in lagging Florida commercial real estate sector
The office market is still the weak sister of Southwest Florida’s commercial sector, but medical is one bright spot as doctors start to expand after watching warily for the past few years as the Affordable Care Act took form. NEWS-PRESS.COM
Survey: US Economic Growth Improving Slightly
A survey of U.S. business leaders shows they expect slight improvements in hiring, sales and investment. Leading chief executive officers (CEOs) say boosting foreign trade, and reforming taxes and immigration could spur faster growth. VOICE OF AMERICA