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Posts Categorized: Commercial Corner

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

Commercial Update: NAIOP

Commercial Corner, Market Update

Tom Johnston Senior Managing Director,Savills Studley 2015 NAIOP Chairman   The Arizona Chapter of NAIOP is the ninth largest business trade association in Arizona and one of the largest commercial real estate groups in the United States with a membership of more than 750. Our organization recently has made it a priority to reach beyond… Read more

Promoting Arizona Business Growth

Commercial Corner, Market Update

Written by: Sandra Watson President and CEO, Arizona Commerce Authority   Spearheading Arizona’s economic development efforts, the Arizona Commerce Authority (ACA) promotes statewide assets and competitive advantages to businesses in the global marketplace that will advance their corporate success. The ACA works to recruit innovative out-of-state companies to establish new operations in Arizona, helps companies operating in… Read more

Industrial Commercial Update

Commercial Corner

Written by: Bryon Carney Managing Principal, DTZ   Phoenix is once again among the West’s top-performing large metro economies and remains one of the strongest industrial markets in the country. The economy has strengthened since mid-2014, with year-over-year growth in nonfarm jobs near a cyclical high, much higher than both the state and national averages…. Read more

Office Commercial Update

Commercial Corner

Written by: Andrew Cheney, CCIM, SIOR Principal, Lee & Associates Partner, Coppola Cheney Group   The Phoenix metro office market is rebounding at a gradual pace. Net absorption (i.e. job growth), the most important measure of a commercial market’s health, hit 2.5 million square feet for the year 2014 – matching the 25-year average. The increase in… Read more

Retail Commercial Update

Commercial Corner

Written by: Ari Spiro President and Founder, ORION Investment Real Estate   Phoenix metro shopping center is no longer a cringe-worthy phrase that one is afraid to utter in the real estate world. In fact, after a 6-year period of bumping along the bottom after a freefall never experienced before in our market, Phoenix metro retail… Read more

NAIOP Update

Commercial Corner

Written by: Bob Mulhern Managing Director, Colliers International NAIOP Board Member   A key consideration when looking at the Arizona commercial market and its potential is to recognize how major commercial developers are faring in the marketplace. Two of the hot issues in the development community at the moment include funding needs at the state… Read more

The Reality of “Big Deal” Commissions

Commercial Corner

  Written By: Greg Valladao Senior Director of Investment Sales, Cushman & Wakefield   Over the past six months, Phoenix metro has seen repeated headlines announcing large commercial transactions including the sale of Camelback Esplanade III for $74.3M and Domus Apartments for $51.6M. As commissioned real estate professionals, our first inclination may be to speculate… Read more

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