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Lee & Associates - Arizona | Week in Review | Friday, November 14, 2014

11/14/2014

 

LEE NEWS

$900M in new developments moving forward off Loop 202
National development firms Nationwide Realty Investors and Hines Interests LP are moving forward with two large-scale development projects in the East Valley. THE BUSINESS JOURNAL

 


LOCAL NEWS

SanTan Marketplace, 2 other centers sell to large REITs
Retail investors follow new rooftops in metro Phoenix. Three shopping centers in Gilbert and Chandler – among the Valley's most popular suburbs for new-home buyers – recently sold to large real estate investment trusts. AZ CENTRAL

 

Phoenix Housing Market in Low Gear Until Next Year
The Phoenix-area housing market is unlikely to see a significant boost until next year. That’s according to the latest monthly report from the W. P. Carey School of Business at Arizona State University. AZRE

 

Yodle to hire more than 100 at ASU's SkySong
Yodle, an online marketing company, is expanding its Scottsdale office space to hire more than 100 people in 2015. AZ CENTRAL

 

Scottsdale shopping venue to become The Enclave at Borgata  
A new Scottsdale residential opportunity will be rising from where the Borgata shopping venue once stood, with pre-sales expected to begin in early 2015. AZ NEWSZAP

 


NATIONAL & INTERNATIONAL NEWS

 

Investors, Tenants Prefer Green Retail Properties as Regulations Loom
Green retail properties are more desirable to both investors and tenants than non-green properties. That’s the message from Nils Kok, Ph.D., executive director of the Global Real Estate Sustainability Benchmark (GRESB)  and associate professor of finance at Maastricht University. NATIONAL RE INVESTOR

 

 

Risk Premiums Decline Along with Cap Rates
Graphically, the upward trend in commercial real estate sales volume since 2009 resembles the crest of an enormous wave, while the trend for risk premiums looks more like the trough of that wave. GLOBE ST.

 

 

Continued Demand for Warehouse/Distribution, Light Industrial Space Expected to Meet Supply Wave
Absorption of U.S. industrial real estate is expected to end 2014 on a strong note as developers wrap up construction on an estimated 50 million square feet of new warehouse and light industrial space. COSTAR

 

 

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11/14/2014 - 10:00

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