Arizona Commercial Real Estate Market on the Rise
The Phoenix office sector has seen strong growth as the overall economy has continued to improve. The Valley is considered a very attractive place for firms to relocate to as reported by Site Selection magazine. Phoenix topped other Western cities like Seattle, Denver, Salt Lake City, Los Angeles and San Francisco. Construction, sales and rent are all gaining momentum, while leasing has stayed stagnant. This trend can be explained in part by the slow office space job growth a
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
AZRE - February 2015
AZRE Features Helix for the sale of McDowell Mountain Marketplace II. Read the full story on AZRE by clicking here. #commercialrealestate #helix #crephoenix #phoenixvalley #realesate
Zillow Debunks 7 Real Estate Myths
Zillow CEO Spencer Rascoff and chief economist Stan Humphries question some age-old maxims of real estate in the recently released book, "Zillow Talk: The New Rules of Real Estate". The book provides insight from years in the real estate industry, arguing some of those old addages about the real estate industry are incorrect. Some of the myths Rascoff and Humphries argue are no longer relevant include the focus on "location, location, location" and that foreclosure discounts
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 #
Phoenix Real Estate Heating Up In 2015
Metro Phoenix is one of the U.S.'s "10 hottest housing markets to watch in 2015," according to a new Realtor.com report. The real estate website's chief economist, Jonathan Smoke, said Phoenix's potential for income growth and new home construction landed it on the list. Read the entire AZ Central article. #realestatenews #commercialrealestate #residentialrealestate #phoenixvalley #realesate #realestatetrends #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
AZRE - November 2014
AZRE has featured Helix for the acquisition of a new Scottsdale commercial property, Sororan Corporate Center. Read the full story on AZRE by clicking here. #commercialrealestate #crephoenix #helix #realesate
