Commercial Executive - April 2015
Commercial Executive Magazine features Helix for the acquisition and leasing of a new corporate center building in Scottsdale, AZ. Click here to read more. #commercialrealestate #realestatetrends #property #phoenixvalley #scottsdale #Phoenixcommercialrealestate #leasing #realesate #crephoenix #helix
Helix Properties Aquires & Relocates to New Headquarters, Expands Services
7,500 Square Foot Office Building Will House Helix Brokerage, Development and Property Management Companies PHOENIX – Helix, an Arizona-based commercial real estate investment, development, brokerage and management Company, recently acquired its new headquarters office complex and also expanded its service offerings. Located at 3335 E. Indian School Road in Phoenix, the new headquarters includes two office buildings. Helix will operate its brokerage, development and property
Predictions for 2015 Commercial Real Estate Market
A newly-released survey of Commercial Real Estate Finance Council members, finds that more liquidity, more aggressive underwriting, new sources of capital and a strengthening economy are key factors for the commercial real estate industry in 2015, Globest.com reports. For all investors, the search for yield continues. Many experts expect to see a lot of year-over-year increases by investors and capital providers for CRE. The economy strength should also fuel lending for these
Millennial Impact on CRE Trends
With a fresh and unique perspective on life, the millennials generation are creating a revolution in the commercial real estate industry. This demographic's changing preferences are impacting everything from the design of multi-family housing facilities, to the demand for industrial space with their online shopping push. Read more about how the millennial generation is changing the face of commercial real estate here. #commercialrealestate #crephoenix #realesate #realestate #
CRE Lending Above $1T in Q3
According to a recent Banking Lending & Default Report by Chandan Economics, banking lending for commercial real estate transactions reached a new high in Q3. The report, featured on Globest.com, found that multifamily and commercial real estate loans increased to $1.42 trillion during the third quarter of 2014, which is up $15.5 billion from the second quarter. This is an increase $77.4 billion year-over-year. This is a trend within the industry for ten consecutive quarters.
Transforming Phoenix
Phoenix's new economic development director, Christine Mackay, wants to take areas of central Phoenix that have seen office vacancy rates as high as 35 percent and turn it into a technology corridor. One of her top priorities is an economic rebirth for the midtown area along Central Avenue between McDowell and Camelback roads to the north and south and Seventh Street and Seventh Avenue to the east and west. Read the entire story here. #commercialrealestate #crephoenix #leasin
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