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Lee & Associates - Arizona | Week in Review | Friday, May 16, 2014

05/15/2014


LOCAL NEWS

 

Lee in the News: Trailer Manufacturer Takes 51,260 SF on 64-Mo. Lease in Southwest Phoenix

An auto trailer manufacturer has more than doubled the size of its operations by signing a new 64-month, 51,260 SF lease at 6902 W. Hadley St. in Phoenix. COMMERCIAL EXECUTIVE

 

Phoenix among top cities for small businesses

Phoenix-Scottsdale was ranked No. 19 on the business credit and finance website's list of the 25 best cities for small business. PHOENIX BUSINESS JOURNAL

 

FedEx bringing huge distribution facility to Chandler Air Park

FedEx Ground on Wednesday broke ground on a 302,000-square-foot package distribution center on the south side of the air park. EAST VALLEY TRIBUNE

 

Cooley Station sees development uptick

Residential development in the heart of Gilbert's massive Cooley Station community is beginning in earnest this year as homebuilders advance plans for three neighborhoods expected to bring thousands of new residents to the area. AZCENTRAL

 

West Valley Development Slowly Making Comeback

Developers are resurrecting subdivisions shuttered during the recession and creating new residential communities and office parks throughout the West Valley. AZBEX

 

 

NATIONAL & INTERNATIONAL NEWS

 

The best and worst states for business

The Chief Executive annual survey of more than 500 CEOs nationwide has once again named Texas as the best state for doing business for 10 years running. HOUSINGWIRE

 

Rethinking energy efficiency in commercial real estate

In the recently released National Climate Assessment Report, commercial real estate continues to play a key role in both creating and helping mitigate the negative impacts of climate change. SAN DIEGO SOURCE

 

Senior Housing Surplus Seen as Boomers Spur Building Boom

Real estate developers are betting big on U.S. housing for the elderly, preparing for a surge in demand as the population of senior citizens almost doubles in the next 35 years. They may be building too fast. BLOOMBERG

 

Fundamentally Speaking: Encouraging Signs in Apartment, Office Sectors

In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president of research and industry information, discussed some encouraging trends in the office and apartment sectors during the first quarter of 2014. REIT.COM

 

Investors Will Remain Interested in Multifamily Through 2015 (And Likely Beyond)

It’s no secret that the nation’s apartment sector has been on fire in recent years. With new multifamily construction largely stalled and homeownership on the decline, occupancy and rental rates at apartment communities surged, and investors entered the market in droves. NATIONAL RE INVESTOR

                       

 

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05/16/2014 - 09:00

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