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PhxWC News
Bobbie Mastracci featured panelist – Corridors of Opportunity: Glendale
Corridors of Opportunity: Glendale The Phoenix Business Journal featured 4 panelists including Bobbie Mastracci for the latest in its continuing series of real estate-focused virtual events. Highlighting key Valley cities and submarkets. The online virtual events bring together real estate sector executives, market experts and city economic development planners to look at present and future plans. This event focused on the fast-growing West Valley city of Glendale. … Click here to watch the webinar
203 E Western Ave Avondale, AZ 85323
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13048 W Rancho Santa Fe Blvd, Avondale, AZ 85392
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2293-2333 N Pebble Creek Pkwy, Goodyear, AZ 85395
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ACA Celebrates Tenth Anniversary, Goal-Shattering Success
After Ten Years, Arizona’s Economy Has Been Made More Diverse And Resilient, With More Jobs In Manufacturing Than Construction PHOENIX, AZ (February 17, 2021) — Ten years ago, Arizona struggled under devastating job and revenue losses as one of the hardest-hit states by the Great Recession. Today, Arizona’s economy is diversified, with more jobs in manufacturing than construction, our startup ecosystem is attracting global attention, and our state is competing at the highest level for new jobs and expansions. Click here to read the full article
Phoenix Commercial Real Estate Industry News
Analysis: High-profile office towers face foreclosure warnings as occupancy slips, debts come due
Some office properties that've faced sharp occupancy drops since the Covid-19 pandemic have seen pressure intensified in recent months by lenders and loaned servicers.
CRE experts: Return to office still a mixed bag, but demand high for smaller spaces
Rental rates around the Phoenix region have continued to increase, even though leasing has been slower than normal. Valley real estate execs spoke to the Business Journal about the current state of the leasing market.
Phoenix-based Vereit sets closing date of acquisition by San Diego real estate firm
In the filing, the companies also provided the finalized details about the plan to spin off their combined office properties into a newly created entity that will be publicly traded on the New York Stock Exchange.
West Valley businesses, projects recognized at 29th annual Westmarc awards
Four projects won in multiple categories including economic engine, innovation, quality of life and education at the annual awards. Check out the list of winners.
Sky Harbor official calls proposed Coyotes arena a mix of ‘incompatible’ uses
Officials from Phoenix Sky Harbor International Airport openly discussed concerns they have over the proposed arena project for the Arizona coyotes in Tempe during a Phoenix Aviation Advisory Board meeting.