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Posts Categorized: Commercial Corner

Industrial Market

Commercial Corner, General Real Estate

Bryon Carney Managing Principal, Cushman & Wakefield   Curtis Hornaday Associate Market Director – Research, Cushman & Wakefield   Phoenix is among the top-performing large metro economies in the west with one of the strongest industrial markets in the country. The local economy has strengthened with year-over-year growth in nonfarm jobs. The total included 12,700 industrial sector… Read more

Commercial Mortgages in Arizona

Commercial Corner, Market Update

Rocke Andrews President, National Association of Mortgage Brokers   Commercial mortgages in Arizona avoided much of the publicity and outcry of their residential brethren. However, it was clear to see plenty of retail and office properties were vacant and for sale. Smaller sites as well as the larger malls experienced disappearing occupants and missed payments. Many… Read more

A Solution to Problem Properties

Commercial Corner, General Real Estate

Brad Grannis Real Estate Asset Manager , ASU Foundation For A New American University   As agents and brokers, we all have had to deal with problem commercial properties. You know which ones I’m talking about: overvalued (in the client’s eyes), deferred maintenance, functionally obsolete, generally unprofitable and difficult to move. These properties can be a… Read more

Arizona Water Supply

Commercial Corner, General Real Estate

Thomas Buschatzke Director, Arizona Department of Water Resources   For decades, the state of Arizona’s water policy has rested on a single, basic assumption: That sooner or later, the Big One – that is, the big drought – would come along to challenge the Southwest’s capacity to deal with below-average moisture over a lengthy period… Read more

Arizona Economic Development

Commercial Corner, General Real Estate

Sandra Watson President and CEO, Arizona Commerce Authority   The outlook for Arizona’s economy is looking brighter everyday as our state continues to add new jobs, attract new companies and promote our pro-business message around the world. According to data released by the Arizona Department of Administration, Arizona has fully recovered all jobs lost during… Read more

The New Tempe – More than a College Town

Commercial Corner, General Real Estate

Mark Mitchell City of Tempe Mayor   Tempe is the home of Arizona State University, U.S. News & World Report’s most innovative university, but it is more than just a college town. Today, the city is a destination for some of the top employers in the nation and a highly desired address for successful companies… Read more

Salt River Pima-Maricopa Indian Community Economic Development

Commercial Corner, General Real Estate

Quannah Dallas Economic Development Department Manager, Salt River Pima-Maricopa Indian Community   By any measure, 2016 will be outstanding for the Salt River Pima-Maricopa Indian Community. Years ago its elected Council limited commercial development to the community’s borders to preserve, for its members and visitors, the open landscape and views of Red Mountain. That plan has… Read more

Land Market in Maricopa and Pinal Counties

Commercial Corner, General Real Estate

Nate Nathan President & Designated Broker, Nathan & Associates, Inc.   In the second quarter of 2016, Maricopa and Pinal counties are experiencing a growth spurt which is gaining momentum each day. When the federal government shut down and FHA dropped their maximum lending rate taking approximately 20 percent of home buyers out of the market… Read more

Starting a Career in Commercial

Commercial Corner, General Real Estate

Bob Mulhern Managing Director, Colliers International NAIOP Board Member   I am regularly contacted by people who want to know how to enter the commercial real estate market as a broker. In a specialized industry like commercial real estate, it is natural to assume that industry experience is required. Although this was true at one… Read more

Commercial Slow & Steady Wins The Race

Commercial Corner, Market Update

Molly Carson Vice President, Development Ryan Companies US, Inc.   Some believe there are global and domestic issues to be concerned about in 2016 and the not so distant future: the pending presidential election, historically low oil prices, an unstable Chinese economy, rising interest rates and so on. These concerns may keep you awake at… Read more

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