News & Events2020-01-15T07:15:55-07:00

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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

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.

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