Search Results for:

You are here

Carvana to build facility near Cincinnati, create 400 jobs
News 2 weeks ago
Carvana to build facility near Cincinnati, create 400 jobs

Carvana Co., the online used car retailer and technology company, plans to build a new facility in Butler County that would create 400 full-time...

Share
Exclusive reader poll: Businesses win breaks on rents, mortgages as pressures build in office market
News 2 weeks ago
Exclusive reader poll: Businesses win breaks on rents, mortgages as pressures build in office market

The coronavirus shock to the retail and hotel markets is spreading to office parks and high-rise towers in central business districts, challenging...

Share
As death toll in nursing homes climbs, calls to redesign them grow
News 2 weeks ago
As death toll in nursing homes climbs, calls to redesign them grow

Advocates are challenging layouts that are efficient and cost effective but that may allow the coronavirus to spread faster. This account isn't...

Share
CoStar data: Phoenix office demand softened in Q1, even before pandemic effects kicked in
News 2 weeks ago
CoStar data: Phoenix office demand softened in Q1, even before pandemic effects kicked in

Despite the slowdown, a few major leases were signed during the first quarter, including Amazon taking both office and industrial space in the...

Share
Bamboo Sushi holding company files for bankruptcy protection amid legal battle
News 3 weeks ago
Bamboo Sushi holding company files for bankruptcy protection amid legal battle

The move comes just a couple of months after the Portland-based holding company for Bamboo Sushi opened its first Arizona location. Here's what's...

Share
Coronavirus hits senior homes — and their owners
News 3 weeks ago
Coronavirus hits senior homes — and their owners

Editor's note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every...

Share
Florida real estate developer with big Valley plans announces Phoenix leadership
News 3 weeks ago
Florida real estate developer with big Valley plans announces Phoenix leadership

Related Group, a Florida-based real estate developer that announced in 2018 it planned to make investments in Arizona worth $500 million, hired...

Share
Phoenix general contractors collaborate on Covid-19 best practices
News 3 weeks ago
Phoenix general contractors collaborate on Covid-19 best practices

The idea came into focus when the CEO of one Valley company challenged employees to make a positive difference during the pandemic. This account...

Share
Why Valley businesses should expect to increase budget for cleaning post-pandemic
News 3 weeks ago
Why Valley businesses should expect to increase budget for cleaning post-pandemic

The pandemic has changed cleaning from an afterthought to one of the most crucial pieces of a job, cleaning professionals with several companies...

Share
WeWork’s woes cause mortgage-backed bonds to tumble
News 3 weeks ago
WeWork’s woes cause mortgage-backed bonds to tumble

WeWork's move to skip rent payments and renegotiate hundreds of its leases is causing mortgage-backed bonds to tumble. The office provider's move...

Share
The week in Valley bankruptcies: Biltmore 24 Investors and Phoenix Golf School
News 3 weeks ago
The week in Valley bankruptcies: Biltmore 24 Investors and Phoenix Golf School

Phoenix area bankruptcy courts recorded two business filings - including one with total debt above $1 million - during the week that ended May 1,...

Share
Covid-19 Chronicles: Jonathan Keyser sees new clients looking for a tenant rep at Keyser
News 3 weeks ago
Covid-19 Chronicles: Jonathan Keyser sees new clients looking for a tenant rep at Keyser

As closures caused by the novel coronavirus swept through the nation, Jonathan Keyser, founder of Scottsdale's boutique tenant representation...

Share
Pandemic sparks increase in Phoenix office space up for sublease
News 3 weeks ago
Pandemic sparks increase in Phoenix office space up for sublease

As companies reevaluate their needs for office space, more space is coming available at a discounted rate around the Valley, according to CoStar...

Share
Entrepreneur: Phoenix real estate broker growing even in challenging times
News 3 weeks ago
Entrepreneur: Phoenix real estate broker growing even in challenging times

Jason Sellers founded Axis Property Advisors 12 years ago in his home using his personal savings. Business has taken off ever since. Filled with ...

Share
Crunch time for US tenants and landlords
News 3 weeks ago
Crunch time for US tenants and landlords

Editor's note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every...

Share
SkySong expands ground lease, increases buildable space
News 3 weeks ago
SkySong expands ground lease, increases buildable space

Prior to this move to expand the lease, the project's leaders said the next office building to be constructed was likely the last for SkySong due...

Share
Developer plans next industrial project in Chandler
News 4 weeks ago
Developer plans next industrial project in Chandler

The project will be built across the street from the buyer's other Chandler developments. This account isn't linked to a paid Phoenix Business...

Share
Galleria owner raises $550 million, plans Phoenix-area acquisitions
News 4 weeks ago
Galleria owner raises $550 million, plans Phoenix-area acquisitions

The fund can be used to buy buildings of all asset classes, and will be focused on distressed assets. Filled with "must read" stories, industry...

Share
Property tax freeze, to-go alcohol among Valley group's reopening suggestions
News 4 weeks ago
Property tax freeze, to-go alcohol among Valley group's reopening suggestions

A temporary moratorium on property taxes and an extension of temporary rules allowing restaurants more flexibility on their sales are among several...

Share
Phoenix hotels ask lenders, Congress for relief as millions in coronavirus losses mount
News 4 weeks ago
Phoenix hotels ask lenders, Congress for relief as millions in coronavirus losses mount

The hotel sector in the Valley and around the nation, among the first to feel the financial squeeze caused by the coronavirus spread, took an...

Share
Attorneys: Downturn amid Covid-19 may be good time to rezone property
News 4 weeks ago
Attorneys: Downturn amid Covid-19 may be good time to rezone property

While many investors and developers are waiting out the pandemic before making any major business decisions, some Valley lawyers said now might be...

Share
Nationwide to shutter smaller offices around the country as it scales up in the Valley
News 1 month ago
Nationwide to shutter smaller offices around the country as it scales up in the Valley

At the outset of the coronavirus pandemic, Nationwide Mutual Insurance Co. sent a majority of its office workers home. Now it plans to make that...

Share
Despite pandemic, construction on Paradise Valley Ritz-Carlton resort continues
News 1 month ago
Despite pandemic, construction on Paradise Valley Ritz-Carlton resort continues

While the Valley's tourism industry has been hampered severely by the Covid-19 pandemic, construction is still ongoing on one of the Valley's most...

Share
Can't pay May rent for your business? Don't do this, attorney says
News 1 month ago
Can't pay May rent for your business? Don't do this, attorney says

The arrival of a new month, and another rent deadline, draws more attention to the rising tensions between commercial landlords and tenants. Winnie...

Share
Rent checks due again: May should be less chaotic than April, Valley real estate leader says
News 1 month ago
Rent checks due again: May should be less chaotic than April, Valley real estate leader says

Landlords have put processes in place to deal with missed rents after the situation hit home in April, and many have come to agreements with...

Share
City North developer buys North Carolina building, plans more investment during pandemic
News 1 month ago
City North developer buys North Carolina building, plans more investment during pandemic

During a webinar hosted in Phoenix, the company's CEO said he planned to seek out investment-grade properties around the country to buy in cash....

Share
Site selectors: Phoenix positioned well for distribution sector growth post-pandemic
News 1 month ago
Site selectors: Phoenix positioned well for distribution sector growth post-pandemic

More than half of site selectors surveyed said they expect deals to come back by the fourth quarter of 2020. Here's how Phoenix is expected to fare...

Share
U.S. office market is signaling coronavirus distress, but here's why some see opportunity for growth
News 1 month ago
U.S. office market is signaling coronavirus distress, but here's why some see opportunity for growth

Unlike the retail sector, where estimates of missed rents have ranged from 70% to upwards of 90%, the office market's initial Covid-19 distress...

Share
Phoenix real estate firm secures $500 million to invest in properties
News 1 month ago
Phoenix real estate firm secures $500 million to invest in properties

Backed by a Canadian investment giant, the Valley firm will focus on buying and leasing back single-tenant, net-leased buildings to give operators...

Share
$34 million secured for Camelback office refinance
News 1 month ago
$34 million secured for Camelback office refinance

CBRE Capital Markets Debt & Structured Finance arranged a $33.84 million loan to refinance Park One, a Class A office complex in the Camelback...

Share