Unusual tenants fill Southeast Valley industrial parks

 When the economy turned sour, many Southeast Valley industrial parks filled vacant space with new types of tenants. Jam-makers, metal sculptors, fitness trainers and churches drawn to large spaces and reduced rents replaced many traditional manufacturers, offices and warehouses. [...more...]

Church Campus "FOR SALE" List

Church campus sale list

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How to Negotiate a Land Deal

How to Negotiate a Land Deal | Inc.com

...Before you head to the negotiation table, ask yourself what you are aiming to achieve out of the land deal. In particular what are your wants versus your needs since the two are comparably very different. As with the car buying scenario, you may want drive an Italian two-seater sports car but you really need a four-door compact vehicle.<br>

Here are five tips to help you land the best deal for the property you want to buy... [...more...] 

How to Pick a Site for Your Business

"Product, price, place, and promotion" goes that staple of Marketing 101, the four P's that are said to influence consumer purchasing decisions. The third on the list, place, tends to get short shrift -- all too often, the location of a business is an afterthought or a decision made out of expediency rather than after careful consideration. But a location can have longer-lasting consequences than the other P's. After all, a lease can lock you into a bad decision for up to five years; a purchase, longer still... [...more...]

Retail, office properties still battling uncertainty

opportunity everywhere (or at least 26% of everywhere) for tenants to grab good deals and investors to purchase distressed...see below.

...Commercial real estate that is less appealing to employers and retailers will take longer to fill up again with quality businesses, they said. Some of those properties probably won't recover at all... [...more...]

Rent vs. Buy :: GREAT TOOL!

...I’ve made a near-annual habit in this column of looking at the rent-versus-buy decision, and The Times has built an online calculator so that readers can make their own comparisons. The idea isn’t only to help potential buyers but also to figure out whether and where house prices are overvalued. That question is of obvious importance to homeowners and to the American economy... [...more...]

Historic Phoenix warehouse on track for rebirth as farmers market

Many visitors to downtown Phoenix rarely step south of the railroad tracks.

But near the backsides of US Airways Center and Chase Field, visitors who do venture there will find streets lined with old brick and brownstone warehouses.

Several of these centenarian structures are vacant and decaying, their walls coated with the grime of neglect and age. A few have been preserved and reopened, such as the Duce restaurant, bar and clothing store near Central Avenue and Lincoln Street. [...more...]

How to Make Your Business Greener (and Save Money)

After attending a series of workshops on sustainable business practices, Mr. Santana recently put into action a number of energy-efficiency and waste-reduction measures that he estimates will save Mi Rancho about $100,000 a year and pay for themselves well within the first year. “And if that’s good for the planet,” he said, “all the better.” [...more...]

Commercial-real-estate market registers positive changes

...About three years after the area's commercial-real-estate market followed housing down the drain, a large number of struggling property owners who had been holding out for a miracle recovery finally began to accept the truth...[...more...]