Sunday, August 19, 2018

Real Estate Daily News Buzz – March 31, 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...

$2 Million Sale of 11.5-Acre Land Parcel at PV303

SubZero to Expand Existing Facility at Prominent West Valley Business Park Phoenix, Ariz. – CBRE has completed the sale of an 11.5-acre land parcel at PV303, the master-planned business park which sits at the confluence of Interstate 10 and Loop 303 in Goodyear, Ariz. The land parcel commanded a sale...

Arizona February Jobs Report: Pima County Net Gain of 600 Jobs

The seasonally adjusted unemployment rate in Arizona dropped two-tenths of a percentage point from 7.5% in January to 7.3% in February. The unadjusted unemployment rate went from 7.8% to 7.1% month over month.  A year ago February, the Arizona unadjusted rate was 7.9% while the US rate was 7.7% In...

Real Estate Daily News Buzz – March 28, 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...

Strip Center Sale of $2.7 Million in Town Square at Surprise...

Phoenix, Ariz. - CBRE has completed the sale of Town Square at Surprise located at 14155 W. Bell Road in Surprise, Ariz. The free-standing, ±12,771-square-foot retail strip center commanded a sale price of $2.7 million ($211 PSF). It was 81 percent leased at time of sale. Barry Gabel, Chris Marchildon,...

Walgreens Closing 76 Unprofitable Stores Nationwide

Company still plans a net increase in store count for 2014 The Chicago Tribune is reporting that Walgreen Co. on Tuesday said it plans to shutter 76 unprofitable drugstores by August as part of a plan to save $40 to $50 million per year beginning in its fiscal 2015. The Deerfield-based...

Retailers Urge Adoption of PIN Based Credit Cards

Technologies Available to Reduce Fraud WASHINGTON, March 26, 2014 – The National Retail Federation told the Senate today that it’s time for an overhaul of the nation’s fraud-prone credit and debit card system, saying banks’ insistence on cards that use a signature instead of a Personal Identification Number puts merchants...

Collin Landis Joins Velocity Retail Group

Phoenix, Arizona -  Velocity Retail Group, LLC announces that Collin Landis has joined the firm as their GIS and Research Analyst.  Collin brings 14 years of combined experience utilizing GIS and graphic technology to spatially analyze and visually convey geographic data.  For the past eight years Collin managed the...

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...

$6 Million Sale of Manufacturing Distribution Building in Chandler, AZ

Phoenix, Ariz. – CBRE has completed the sale of a 104,352-suqare-foot manufacturing distribution facility in Chandler, Ariz. The building, located at 464 E. Chilton Dr. in Chandler, Ariz., sold for $6 million ($57 PSF). The building was fully occupied at time of sale. Mike Parker and Evan Koplan with CBRE’s...

RealShare Panel: Was slow growing economy good for CRE?

LOS ANGELES—Globe Street is reporting, that we live in a world where the word “relative” is a most important consideration. As deep as our fundamental problems may be, we are in a relatively strong place… at least temporarily. So said Ethan Penner in the opening panel at RealShare Los...

Latest Housing Data Showing Buyer’s Market Continuing

WASHINGTON – U.S. Home prices continued to show solid growth in most of the country due to limited inventory conditions, but rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors®. Prices slipped in January for a third straight...
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