Tucson, Arizona – Eller’s George Hammond and former Chase Chief Economist Anthony Chan discuss what to expect for the local, state, national, and global economies as the pandemic continues to inject more uncertainty into the outlook.

Anthony Chan addresses the recent spike in inflation, tight labor markets, supply-chain issues, the outlook for the global economy, interest rates, and equities, as well as possible investor surprises in 2022.

George Hammond discusses surging Arizona house prices and falling affordability, migration, demographics, Arizona’s cost of living, state job growth and rising wages, the travel and tourism recovery, the disconnect between labor market performance and income, consumption, and population growth, and the outlook for Arizona, Phoenix, and Tucson.

Watch Event Video Here

PIMA COUNTY, ARIZONA – The Pima County Board of Supervisors Tuesday unanimously approved establishing a county redistricting committee to draw the lines for the supervisors’ districts, which will also serve as the district lines for the five Pima Community College district lines.

State law requires counties to review supervisor district boundaries with each decennial Census and require supervisor districts have equal population with no more than 10 percent variance. Three districts – 1, 2, and 3 – are within the variance with each other, but Districts 1 and 4 have more than 10 percent variance with District 5.

To balance the districts, the Board created a Redistricting Advisory Committee that will begin meeting after Jan. 18 and hold a minimum of five public meetings. Each board member will appoint a representative to serve on the committee. The Board wants the committee to complete its work and report to the Board its recommendations by April 30.

The state requires the Board adopt the new district lines by July 1. For consistency, Pima  Community College has agreed to use the same district lines for its five governing board districts.

The public will be able to track progress of the committee’s work, provide comments, and see draft maps and other information at www.pima.gov/CountyRedistricting. The page is under construction and won’t be live until Dec. 10.

Majority of center leased to national tenants, shadow-anchored by major global retailer

PHOENIX, Ariz. –   Cushman & Wakefield announced today the firm has brokered the sale of the Gilbert Gateway Towne Center North, a 265,878-square-foot retail destination shopping center in Gilbert (Phoenix), Arizona.

Located at the northwest corner of Power and Ray roads, Gilbert Gateway Towne Center was more than 80% leased overall to a complementary collection of tenants comprising several major national and regional brands. The center is also shadow anchored by one of the world’s largest retailers.

“Gilbert Gateway North is an anchored retail investment with stable tenancy and tremendous income growth potential,” said Michael Hackett. “The property also provides great freeway access and is situated amongst many key amenities as well as new development projects in the area including ASU East campus, SKYBRIDGE, Phoenix Mesa Gateway Airport, Eastmark and Morrison Ranch Master Planned Communities and Cooley Station, to name a few.”

Built in 2005, Gilbert Gateway Towne Center offers exceptional frontage along Ray and Power roads and is ideally located just off the full-diamond interchange at the Loop 202 and Power Road.