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.
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.
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...
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.