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Manufacturing productivity increases 1.3% in fourth quarter 2018

Manufacturing sector labor productivity increased 1.3 percent during the fourth quarter of 2018, the U.S. Bureau of Labor Statistics reported Wednesday, as output increased 2.3 percent and hours worked increased 1.0 percent. From the fourth quarter of 2017 to the fourth quarter of 2018, manufacturing productivity increased 0.7 percent, reflecting a 2.8-percent increase in output

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Iconic Deconcini Building on Broadway Sells for $4.73 Million

TUCSON, Arizona – The iconic DeConcini Building at 2525 E Broadway in Tucson sold for $4.725 million ($147 PSF). The 32,160-square-foot building located on 2.08 acres at the northeast corner of Broadway and Tucson Boulevards was 100% occupied at time of sale and purchased by Broadway Executive Plaza (Robert Assenmacher, manager). The seller was Du

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One Agave Center sells in Phoenix’s I-10 Technology Corridor

Office sale supported by area’s low 3.03% vacancy rate PHOENIX, Arizona – The Phoenix office of JLL has completed the sale of One Agave Center, one of the only four-story office buildings situated along the South Tempe/Ahwatukee portion of the I-10 Technology Corridor in metro Phoenix’s Southeast Valley. JLL Executive Vice President Brian Ackerman represented the

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