We reported recommendations made by the independent panel from the Urban Land Institute for Downtown Tucson Market Forces, Retail Trade Area and Tucson Convention Center. Part One was published yesterday, and this is the second part of our report. The Urban Land Institute (ULI) advisory panel presented their findings to a room of about 200
ULI Panel: Give Free Market a Chance Tucson (Part 2 of 2) Read More »
Scottsdale – Tucson-based, HSL Properties, Inc. (Humberto Lopez, principal) sold two apartment projects in Scottsdale totaling a combined 488-units for $50.5 million. The Scottsdale properties are the first direct multi-family acquisitions in Arizona for New York Life Investors, which is a wholly-owned subsidiary of New York Life Insurance Company. Various New York Life entities have
HSL Sells Two Projects Totaling 488-Units for $50.5 Million in Scottsdale Read More »
Commercial real estate leasing patterns are showing steady but modest growth, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, projects only modest changes in the coming year. “Jobs are the key driver for commercial real estate, and the accumulation of 7 million net new jobs from
Modest Growth Seen in Commercial Real Estate Markets Read More »