New Senior Care Facility Planned For Arrowhead Ranch
The $2.23 million sale of the commercial land parcel on the northwest corner of Bell Road and 67th Avenue was just completed by Colliers International. A new senior care facility called Orchard Pointe at Arrowhead is planned for the 3.95 acre lot. Glendale Heritage of Heritage Communities LLC, the purchaser of the land, is planning on building Orchard Pointe as its second Heritage Community in the Valley, with the first being in Surprise. The center will provide care to all l
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
Commercial Executive - February 2015
Commerical Executive features Helix for the sale of McDowell Marketplace II. Read the full article by clicking here. #commercialrealestate #crdphoenix #crephoenix #helix #realestate #property #propertyinsurance #phoenixvalley
Online Office Leasing - The Way of the Future?
Office real estate space leasing may be the next industry to go entirely online, Globest.com reports. According to Mark Gilbreath, founder and CEO of LiquidSpace, a new app that provides a new-age solution to the office leasing space search, leasing will be done entirely online by 2020. Gilbreath cites a new office community where workers are looking to get out of the office to get work accomplished to be driving the shift and LiquidSpace has the solution. LiquidSpace offers
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
Flexible Office Hub Launches in Scottsdale
According to a recent article by the Phoenix Business Journal, a new flexible office space concept has launched in Scottsdale for entrepreneurs looking for a shared work space environment for their business operations. DeskHub Inc. is a 17-000-square-foot office space with 100 desks and 20 offices available for rent. Office space sharing is a relatively new concept for Phoenix-area businesses, however this is modeled off of similar space sharing models in other large markets.
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
Momentum for CRE in Q3
If the third quarter is any indication, the US commercial real estate continues to be in an upswing. According to recent reports, the office market made its strongest showing in eight years. Major US office markets saw an increase of 20% from Q2 and a 38% rise year over year. The reports find the the industrial market is also maintaining its momentum and the retail availability rate is down. Read more about the findings from Q3 from Globest.com here. #commercialrealestate #re
Commercial Real Estate REITs
Commercial real estate (CRE) has weathered the past few years of recession well, particularly real estate investment trusts (REITs). The relative safety of REIT companies has caused investor to flock to them even with a momentary dip in investor confidence. The REIT industry has become a necessary component of a well-diversified portfolio. The industry currently had an equity market capitalization of about $800 billion and controls assets worth more than $1.5 trillion, accord
