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Lee & Associates - Arizona | Week in Review | Friday, September 25, 2015

09/25/2015


LEE NEWS             
Construction begins on 4th SkySong office building             
A new building is set to rise at SkySong, The ASU Scottsdale Innovation Center. It’s a necessity to keep up with market demand— the other three office buildings are now almost full with some of the Valley’s most exciting businesses. AZRE      
                     
LOCAL NEWS  
           
Wells Fargo plans bigger, taller Chandler campus             
Wells Fargo is seeking city approval to expand its already-massive Chandler campus with new office towers that could reach 13 stories or about 200 feet, which would be the city's tallest buildings standing today. AZCENTRAL  
           
Home builders' confidence soaring to pre-recession levels             
Home builders' optimism has risen to its highest level since October 2005, according to the September numbers from the National Association of Home Builders/Wells Fargo Housing Market Index. PHOENIX BUSINESS JOURNAL     
                      
GPEC Board of Directors named for 2015-2016             
The Greater Phoenix Economic Council (GPEC) announces eight new members to join the Board of Directors for the 2016 fiscal year. The new members were approved by the full Board of Director’s at this morning’s Annual Meeting. AZRE             

Arizona named a top tax-friendly state
Arizona’s was named as the seventh most tax-friendly state in the U.S., which is good news for tax-cut advocates. PHOENIX BUSINESS JOURNAL  
                         
NATIONAL & INTERNATIONAL NEWS

Disruptions on the Horizon for Capital Markets             
The beginning of 2015 has been eventful for the real estate capital markets. While the jury is still out on what comes next, here are the top five indicators of what happened already and what’s coming:  NATIONAL RE INVESTOR            
             
European real estate market cycle ‘different’ this time, says SLI             
European real estate is attracting its highest level of investment since 2007 but this should not be seen as a warning signal to investors, according to Standard Life Investments. I & P REAL ESTATE           
             
 

More Retail Developers Adding 'Live/Work' Elements to Lifestyle Center Plans 

Lines Blurring Between Retail Formats as Landlords and Retailers Look for Right Formula for Appealing to Affluent Baby Boomers and Tech-Savvy Millennials, COSTAR


 
09/25/2015 - 09:00

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