Deals, openings and the latest retail market news in Arizona
Transactions we closed, tenants we placed, and the market news that shapes Arizona retail. 192 articles since 2020: 11 are our own deal announcements and 181 are outside reports.
PROVISION moving into 7th Street corridor
PROVISION, specialty coffee roaster, cocktail bar, and eatery located in the Arcadia neighborhood, just leased its second location. The popular local coffee concept will be the newest addition to the 7 th Street…
Top 10 states people are leaving and moving to Arizona
U-Haul customers have spoken, well actually thousands have moved, and Arizona is among the top 5 destinations for one-way moving trucks. Trends data compiled from more than two million one-way U-Haul truck customer…
Pollack: Valley housing - a market on fire
The housing market is clearly on fire and demand is outstripping supply. The number of single-family homes available for sale is less than a one-month supply. Article originally posted here . As we mentioned last week,…
Arizona's job growth to outpace the nation for next decade
Arizona is expected to add nearly 550,000 jobs between 2019 and 2029, barring any further major economic or political disruptions, according to a study released May 6 by the Arizona Office of Economic Opportunity.…
Downtown Phoenix will soon have more restaurants than before pandemic
Thousands of people haven’t been to downtown Phoenix in more than a year.
Homebuilder permits up 37% year to date; here's the Valley cities with the biggest gains
New homebuilder permit data shows exactly how scary it was for homebuilders at the beginning of the coronavirus pandemic. Article originally posted here . Homebuilder permits issued by Valley municipalities between…
Tucson, Phoenix rank among Top 25 hottest rental markets in U.S.
Following one of the most disruptive periods of our times, at the start of 2021, the hottest U.S. rental markets and most in demand locations for renters were certainly not the ones you would expect. Article originally…
Arizona cities rank high among best cities for college graduates
Two Arizona communities are among the nation’s top 25 cities for new college graduates, according to a new study. Article originally posted here . The report by SmartAsset, which analyzed the largest 106 U.S. cities,…
Fox Restaurant Concepts starting 2021 off strong
After a tough 2020, Phoenix-based Fox Restaurant Concepts started 2021 off right, reporting a profit and its largest revenue numbers in more than a year. Article originally posted here . FRC, which is owned by Calabasas…
Phoenix Sky Harbor airport just had its busiest month in more than a year
Phoenix Sky Harbor International Airport reported that March was its busiest month since February 2020, with more than 3 million passengers going through the terminals. Article originally posted here . The region’s…
2 new Amazon sort centers will create hundreds of Arizona jobs
Amazon is continuing its investment in Arizona with two new sortation centers, one in Glendale and one in Tucson.
Arizona among top states ranked for economic momentum, report says
Arizona is among the top six states in a national ranking of economic momentum. Article originally posted here . More than half of the 50 states exceeded the nation’s overall economic performance in the first quarter,…
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