Sunday, December 9, 2018

Maybe It Wasn’t Just the Weather After All! Q2 Sales Simply...

The Restaurant Industry Snapshot for June, released this week by Black Box Intelligence and People Report, reports a disappointing second quarter for the industry that can no longer be attributed to the weather as we have been told so this year. Same store sales were 0.3% in positive territory,...

Tucson REALTORS® promote two, add two on staff

Organizational moves at the Tucson Association of REALTORS® (TAR) have resulted in two existing employees being promoted and two new additions to staff, CEO Philip Tedesco announced today. Aaron Reid was promoted from Education Coordinator to Account Executive, where he now manages administrative service contracts for various outside organizations.  As...

U.S. Retailers’ Projections Trail Most in 13 Years

Bloomberg.net is reporting U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition. Chains are missing projections by an average of 3.1 percent, with 87 retailers, or 70 percent of those tracked, having reported,...

Real Estate Daily News Buzz – July 15, 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...

Tucson Lease Report – July 7 – 11, 2014

The following commercial leases were reported to Real Estate Daily News for the Tucson Lease Report from July 7 - 11, 2014. INDUSTRIAL – 1851 W. GRANT, TUCSON, AZ. CrossFit Now leased 18,000-square-feet at 1851 W. Grant in Tucson from Walker Tucson Properties, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with...

ASU Student Housing Project Sells for $38.7 Million

Tempe – Consolidated Investment Group in Englewood, CO (David Merage, principal), Regents Tempe RE LLC and CWS 1949 LLC, a company formed by CWS Captial Partners LLC in Newport Beach, Calif. (Steve Sherwood, chairman) paid $38.7 million ($172,000 per unit) to acquire the 225-unit Block 1949 student housing property...

Congressional Candidate Martha McSally Visits So AZ CCIM Chapter

  While many groups go dark with meetings during the hottest summer months, the  Southern  Arizona CCIM Chapter turned up the heat at its July 8th meeting with some politics and invited Colonel (retired) Martha McSally, Congressional Candidate for CD-2 to speak to an audience of just under 100 people. McSally,...

Tucson Home Prices Flat – Inventory Swelled to 33.7% Y-O-Y in...

Most sectors of the Tucson area’s housing market continued to flatten out in June, resulting in relatively minor changes in sales prices and active listings.  Since May, the median sales price rose only 1.1% in June; and the average sales price only 3.4% higher. Housing inventory decreased only 2% from...

Real Estate Daily News Buzz – July 14, 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...

77,046-Square-Foot Lease Brings Goodyear Crossing Industrial Park to 100% Occupancy

Schoeller Arca Systems, Inc. to Expand Existing Operations Phoenix – CBRE has negotiated the lease of a 77,046-square-feet at Goodyear Crossing Industrial Park located at 3801 S. Cotton Lane in Goodyear. Schoeller Arca Systems, Inc., a Netherlands-based plastic injection molding manufacturer, has leased the warehouse and distribution space to accommodate production...

This Week’s Economy at a Glance

Money Market Fund Assets Rise $5.37 B to $2.58 Trillion for the week Total U.S. money market mutual fund assets rose $5.37 billion to $2.58 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation’s retail money market mutual funds rose $1.78 billion...

Real Estate Daily News Buzz – July 11, 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...
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