Phoenix Commercial News

E-Zine for the Week Ending June 21, 2017

The Commercial Event of the Summer

When: August 30th 4-7 pm

Where: GCU University

Speakers: Brian Mueller, GCU President; Warren Fink, Carlyle Group (Metrocenter); Sintra Hoffman, President (Westmarc)

CLICK HERE For Event Details

The West Valley – Possibly the Best Place to Invest

The Future of Autonomous Driving is Coming Dow the Road Fast with Major Implications for Real Estate

Intel CEO Brian Krzanich has a warning for companies and industries that haven't started to prepare for the next big tech disruptor -- don't wait. “Companies should start thinking about their autonomous driving strategy now,” said Krzanich, who ranks the fast-developing technology on par with the rise of personal computing, the internet and smartphones for its potential impact on traditional business models.

How Will the Amazon-Whole Foods Deal Affect Retail Real Estate

Experts predict Amazon will use the Whole Foods stores, in part, as hubs for grocery pick-up and delivery, helping Amazon resolve the “last mile” dilemma. The proposed $13.7 billion acquisition of organic grocery retailer Whole Foods Market by e-commerce giant Amazon holds the potential to upset the grocery cart, so to speak. Yet retail real estate investors should cheer the Amazon-Whole Foods deal, experts say.

Fed's Fischer Says House Prices 'High and Rising' Amid Low Rates

Metro Phoenix is in the midst of a condo building boom that is spreading to the suburbs. Home builders are already constructing more townhomes and casita-style houses in Surprise, Peoria and Litchfield Park. Infill condos in Glendale and the downtowns of other West Valley cities could follow if demand for the homes heats up as it has in other parts of metro Phoenix.

12,759 Units Under Construction
In addition to the 12,759 units currently under construction, there are 19,254 planned and 9,137 units noted as Prospective. That's a total of 41,150 units. Email Jim for detailed list of new construction or use the map link above.

Map of Apartments Available
We keep track of all apartments advertised. The interactive map shows the location and quantity of units advertised in Phoenix Metro area. CLICK HERE for a detailed list of Apartments Available or use the map link above.

Kasten Long Commercial Group Listings

Kasten Long Commercial Group

Jim Kasten, CCIM - Designated Broker

602 445 4113 Office 602 677 0655 Cell