Goodbye 2018, hello 2019! As the new year approaches, Bisnow spoke with several industry execs, researchers and economists to uncover the major trends expected to dominate the commercial real estate industry in the coming year. From the rise of opportunity zones to a slowdown in industrial absorption, these are 18 trends experts forecast for 2019. ….
Commercial Real Estate Prices Kept Rising in 2018 Despite Headwinds
Commercial real estate values continued to increase across all property types despite anxiety seeping into the environment regarding rising interest rates.
Commercial real estate prices rose across the board by 7% in November compared to the same period last year, according to Real Capital Analytics’ Commercial Price Property Index report. Every sector reported increases in…
Arizona among top five states for new residents, report shows
According to a new study released by the United States Census Bureau, more new residents are moving to Arizona than nearly any other state in the U.S.
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Eller reports positive outlook for Southern Arizona economy
Falling unemployment, rising federal spending and a strong labor report bode well for the economy of Southern Arizona. That’s the sentiment of longtime economist at the University of Arizona’s Eller College of Business, George W. Hammond…
The Counselor: Summer 2018
Tucson Regional Real Estate Market Extremely Positive
TUCSON, ARIZONA — A recently published article portrayed what many in the industry felt was a rather bleak future for Tucson real estate. While many of the challenges outlined are real, the reality is that overall trajectory of the market is extremely positive, and we have a lot to look forward to in the months and years ahead… https://realestatedaily-news.com/tucson-regional-real-estate-market-extremely-positive-
Amazon to open giant warehouse in Tucson
Amazon has chosen Tucson for a new fulfillment center with plans to hire more than 1,500 full-time employees.
The warehouse will handle customer returns, light assembly, 3-D printing and direct product pickup by customers from automated kiosks on the city’s southeast side.
“Throughout most of the year, the project is projected to have…