The City of Tempe is working with Hayden House Tempe, LLC, which according to AZ Big Media, is a partnership between Douglas Wilson Companies of San Diego and Hensel Phelps Development LLC of Greely, Colorado, to develop a new project on the corner of Mill Avenue and Rio Salado Parkway. The name of the new mixed-use development is One | Hundred | Mill, a play on the actual address of the property which is 100 S. Mill Ave. The project is a $190 million mixed-use creative prope

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

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

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

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 #

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

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.

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

It seems commercial real estate professionals did a pretty good job forecasting the trends affecting the industrial market during the start of the recovery. According to recent reports, more than half of those predicitions made just a few years ago did in fact come to fruition including e-commerce growth, proximity to major cities for same-day delivery, and other elements that drive the need for industrial space. Read more on the predictions and current state of the industria

GlobeSt.com recently spoke with Bill Shopoff, chairman, president and CEO of Shopoff Realty Investments, about the future of the value-add market. In the second part of the interview with Shopoff, strategies necessary for success with value-add assets are discusssed as well as some advice for investors in the space, including keeping an eye on urban-type redevelopment and infill commercial project real estate as two hot button items looking into 2015. Read the full story fro