Latest headlines from Southwest commercial real estate news sites we trust to deliver timely and relevant articles.
Real Estate – Rose Law Group Reporter
Your source for news that matters to Arizona
Tuesday Morning distribution center accepting leasehold bids
by Staff on August 5, 2020 at 4:57 pm
By Mike Sunnucks | Rose Law Group Reporter New York-based A&G Real Estate Partners is accepting bids on the leasehold interest in Tuesday Morning Corp’s distribution center in Phoenix. A&G Real Estate Partners serves as Tuesday Morning’s real estate advisor in its Chapter 11 bankruptcy. The 593,600-square-foot center sits on 36.73-acre near 63rd Avenue and Buckeye [...]
Joint venture will build, operate 40-bed hospital in Gilbert
by Staff on August 5, 2020 at 4:53 pm
By Mike Hunter | inBusiness Kindred Healthcare, LLC (“Kindred”) and Dignity Health announced a joint venture to build and operate their second inpatient rehabilitation hospital in the Phoenix market. Kindred and Dignity Community Care opened Dignity Health East Valley Rehabilitation Hospital in Chandler, Arizona, in 2016. To serve the growing need for inpatient rehabilitation services in Phoenix, Kindred [...]
Nationwide asks Gilbert for more time at Rivulon
by Staff on August 5, 2020 at 4:49 pm
By Mike Sunnucks | Rose Law Group Reporter The Gilbert Town Council is being asked to give Nationwide Realty Partners more time to build out the 250-acre Rivulon commercial development. The Gilbert Council will consider extending the timeline for Rivulon’s buildout from the end of August 2021 to the end of August 2024. At full [...]
Urban rent slowdown?
by Staff on August 5, 2020 at 4:43 pm
By Zillow | PR Newsire U.S. rent growth has slowed this spring as heavy unemployment hit renters harder than homeowners.Rent price growth in urban ZIP codes has slowed more than those in suburban areas since February, one outcome of unemployment affecting urban renters particularly hard and a possible signal that preferences are shifting in favor [...]
Globe St. – Southwest
Commercial Real Estate News (CRE)
Mixed-Use Ecosystem to Boost Collaboration, Creativity and Entrepreneurship
on August 6, 2020 at 9:00 am
With amenities such as a conference center and wet labs, the repurposed development Pegasus Park will open in early 2021 and feature four components: a biotech plus hub, a social impact hub and entertainment/dining venues.
Phoenix Area Multifamily Trades for $63M
on August 5, 2020 at 10:59 pm
Knightvest Capital has purchased the 300-unit property, Signature Place in Tempe, AZ; furthering the region's robust multifamily activity.
Mixed-Use Could Pose Trouble for Apartments
on August 5, 2020 at 12:35 pm
While multifamily is in relatively good shape, one observer sees potential issues in Class C and mixed-use apartments.
The Biggest Mistakes in Lease Renegotiations
on August 5, 2020 at 12:26 pm
Remember to use professionals and have a pre-negotiation agreement.