Wednesday, November 22, 2017

Real Estate Daily News Buzz – January 23, 2015

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Fed survey: Life in the Middle Sucks – Median Income Drops...

WASHINGTON — Only the richest 10% of Americans saw their incomes go up during the economic recovery from 2010-2013, as median incomes fell in the past three years for everyone else, the Federal Reserve reported Thursday on consumer finances. The Fed said that incomes declined for every other group from...

Two Bidders Present Plans for Ronstadt Transit Center Redevelopment

In February 2014 the City of Tucson prepared a request for proposal (RFP) for the sale and redevelopment of the 4.7 acre Ronstadt Transit Center in Downtown Tucson at Congress and 6th Avenue. Two bidders responded to the RFP that has since passed through multiple stages of public input....

More of Everything Coming to Downtown Tucson

We all know about Downtown Tucson’s Modern Streetcar, the brewpubs, the innovative restaurants and upscale student-housing. But there’s more of everything deciding to come to our revitalizing downtown and these ventures are critical to the success of our fair city. AC Hotel by Marriott chose Tucson for a new concept,...

Real Estate Daily News Buzz – March 27, 2014

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Real Estate Veteran Larry Kush Joins ORION to Boost Land Sales...

Phoenix, Arizona -- Housing industry veteran Larry Kush joined ORION Investment Real Estate as senior vice president, effective immediately. In his new role, Kush is charged with expanding the Scottsdale, AZ-based ORION’s land sales division. “I’m delighted that Larry is joining us. His skills, knowledge and expertise of the area...

Sports Authority files for Chapter 11 Wednesday, plans to shutter 140...

The bankruptcy of Sports Authority has been looming since January, when the company disclosed that it had missed a $20 million debt payment. The store closings will take place over the next three months. The bankruptcy filing will allow it to break leases for money-losing stores. As part of the...

Real Estate Daily News Buzz July 26, 2017

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Tucson Lease Report Week of August 10-14, 2015

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from August 10 thru 14, 2015. OFFICE- 5151 E. BROADWAY BLVD., TUCSON Maxim Healthcare Services has leased 7,065-square-feet of office space at 5151 E Broadway Blvd #1100 from 5151 Investors KCI-Broadway LLC. Sandy Alter...

Two new subdivisions – 284 New Homes coming to Marana and...

ORO VALLEY, Arizona -- Lennar Homes purchased 58.6-acres with 106-platted lots at Overton Reserve in Oro Valley from an affiliate of Tucson Land and Cattle Co., TLC Jackson, LLC of Tucson (Jim Campbell, manager) for $5.83 million ($55,000 per platted lot). Located at Overton and La Canada Drive in Oro...

Tucson Industrial Market Midyear Overview

By: Chuck Blacher, Industrial Specialist, Tucson Realty & Trust Tucson’s Industrial vacancy rate increased from 9.3 percent at the end of 2015 to 9.4 percent in mid June indicating the continued weakness in this market. There seem to be some positive signs in Tucson’s general economic condition for the past...

Off-Market 16th Street Corridor Shopping Center in Midtown Phoenix Sells

Phoenix, Arizona – Vestis Group, a commercial brokerage and investment firm, is pleased to announce the sale of Hinton Place Plaza, an 8,865-square-foot neighborhood shopping center, located at 2814 N 16th Street and 1539 E Edgemont Avenue, in Phoenix, Arizona for $375,000 ($42 PSF). “The buyer is really looking forward...
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