Sunday, February 23, 2014
Commercial real estate set to heat up in Phoenix area
Metro Phoenix’s commercial-real-estate market, once battered like the region’s housing sector during the crash, is on the rebound and rapidly gaining popularity with big investors again.
In the latest “Emerging Trends in Real Estate” report, considered one of the real-estate industry’s most influential surveys, Phoenix moved up eight spots from last year, to rank No. 25, in a list of the best places in the U.S. for investors to put their money.
The Valley’s employment and population growth, as well as a relatively low cost of doing business, helped the area improve its position with small and large investment funds.
Phoenix’s population is projected to grow 2.6 percent in 2014, according to the report’s publishers, PwC and the Urban Land Institute.
That figure is higher than local estimates.
Read more...Commercial real estate set to heat up in Phoenix area
Reuters: Business News
National Commercial Real Estate News From CoStar Group
Latest stock market news from Wall Street - CNNMoney.com
- ► 2016 (145)
- ► 2015 (146)
- Fed Misread Crisis in 2008, Records Show - NYTimes...
- What's ahead for small businesses in 2014? - Newsd...
- Retirement is eluding some blue-collar workers in ...
- Downtown Scottsdale sees boom in multifamily housi...
- Brewer says Arizona financially sound again, but l...
- Credit-score tips for Arizonans working to ease de...
- Commercial real estate set to heat up in Phoenix a...
- Program helping owners fix up homes
- Scottsdale-based builder reimagines housing for Ba...
- Jeffrey Gundlach's 2014 Outlook - Business Insider...
- Housing market shifts back to metro Phoenix’s core...
- Minn. developer buys Hotel Monroe in downtown Phoe...
- New Boomer community rethinking life after 55
- Senior Urban Housing Development Opens | KJZZ.org
- Deal on land in downtown Surprise OK’d
- ▼ February (15)
- ► 2013 (395)
- ► 2012 (392)
- ► 2011 (704)