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Lee & Associates - Arizona | Week in Review | Friday, March 28, 2014

03/28/2014


LOCAL NEWS

 

Earnhardt assembles site at 7th St & Camelback for new Lexus dealership

A company formed by Valley auto dealer Jim Babe Earnhardt has assembled a site just east of the northeast corner of 7th Street and Camelback Road in Phoenix where he plans to locate a Lexus dealership. BREW

 

Phoenix ranks 7th for job growth

Unemployment and job growth continue to capture attention as the U.S. economy rebounds from the Great Recession. AZ BIG MEDIA

 

How Chandler's high-tech Price Road Corridor got its start

Chandler has been pushing the Price Road Corridor for nearly 50 years as a place to do businesses, and my cover story in the upcoming March 28 weekly edition of Phoenix Business Journal examines the outlook of this important area. PHOENIX BUSINESS JOURNAL

 

Infill projects becoming bigger share of Phoenix market

Infill sites from central Phoenix to south Scottsdale and Tempe are drawing both builders and homebuyers. AZCENTRAL

 

Interest in Phoenix warehouse district rises

In the past six months, interest in Phoenix's Warehouse District along downtown's southern edge appears to be growing. AZCENTRAL

 

 

NATIONAL & INTERNATIONAL NEWS

 

Commercial Real Estate Forecast 2014-2015

Non-residential real estate values should rise at a modest-to-moderate pace in the coming two years, with stronger operating earnings partially offset by rising interest rates. FORBES

 

The Office Recovery Still Has Legs

This part of the cycle looks quite favorable for the office property sector. All of the key areas of the market are improving; absorption is up, supply remains under control in aggregate, rent growth is accelerating, and investors continue to allocate capital to the sector. COSTAR

 

7 bold commercial real estate predictions

Conjuring the future of commercial real estate begins by conjuring our future. How will we work, live, shop or do business? Perhaps no other investment sector is so closely tied to people's most fundamental needs and behaviors; its evolution, to a large extent, follows ours. CNBC

 

Passing the Torch to the Next CRE Generation

The issues impacting the commercial real estate industry today are much different than 20 years ago in more ways than one. Beyond the economic trends, women are taking a leading role in an industry once dominated by men. At the same time, there’s a need to get younger professionals more engaged in the industry as veterans head toward retirement. Then there’s the whole issue of diversity. GLOBE ST.

 

Shopping Center Spin-Offs Driven by 'Pure-Play' REIT Craze

Retail REITs Launch Separate Shopping Center REITs in Bid to Attract Investor Interest, Deleverage Balance Sheets. COSTAR

                  

 

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03/28/2014 - 09:00

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