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Lee & Associates - Arizona | Week in Review | Friday, October 2, 2015

10/02/2015


LEE NEWS

 

East Phoenix Manufacturing Building Sells for $14.7 Million A 352,415, Class A distribution/manufacturing building at 5125 E. Madison St., Phoenix, sold for $14,700,000 in a September 4 transaction. Price per square foot was posted at $41.71. PR LOG

 

 

Menlo Logistics and Inteplast Secure Facilities That Will Add 300 Valley Jobs In two separate and unreleated deals, a logistics company and plastics manufacturer have selected Phoenix locations to house operations that will bring a combined 300 new jobs in the Valley. BREW

 

 

Lee & Associates Arranges Two Industrial Leases Totaling Approximately 100,000 SF in Elgin, Illinois Lee & Associates has arranged two industrial leases totaling nearly 100,000 square feet in Elgin, approximately 40 miles west of Chicago. Stockbridge Capital Group has leased 50,056 square feet of industrial space to Convenience Concepts Inc. REBUSINESS ONLINE



LOCAL NEWS

 

Need a job? Metro Phoenix homebuilding boom creates demand for construction workers Metro Phoenix’s homebuilding recovery didn’t stall in August like it has at least a few times times since the crash – another strong indicator the recovery is finally on. AZ CENTRAL

 


Former Ritz-Carlton Phoenix will reopen as...
The Ritz-Carlton Phoenix, which was shuttered in July, will reopen in December under a new name, reports the Arizona Republic. PHOENIX BUSINESS JOURNAL

 


Experts Talk Transportation, Development
Investment in transportation fuels development investment across the board, but figuring out funding for transportation projects will remain a local and regional responsibility for the foreseeable future, according to the general consensus of a recent panel of leaders. AZBEX

 

 

NATIONAL & INTERNATIONAL NEWS

 

Payrolls Rise Less Than Projected, U.S. Jobless Rate Steady  Payrolls rose less than projected in September, wages stagnated and the jobless rate was unchanged as people left the workforce, signaling the global slowdown and financial-market turmoil are rippling through the world’s largest economy. BLOOMBERG

 


Underground Industrial Facilities Rise in Popularity
Underground warehousing and manufacturing facilities, primarily centered in the Kansas City, Mo. market, are undergoing an unprecedented development boom due to the current demand/supply imbalance. NATIONAL RE INVESTOR



Five Best Practices for Real Estate Prospecting
Real estate prospecting isn’t an option, it’s a necessity for agents, developers and investors  who want to build a large client base and sphere of influence. The mind will derive any number of reasons not to prospect….but, it’s the lifeblood of the business. THE BROKERS LIST

 

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10/02/2015 - 09:00

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