New Development Lands On Burgeoning
7th Street's Restaurant Row
The latest development on 7th Street is The Colony, an adaptive reuse project backed by Western Vertical Holdings. The Colony houses 22k SF of prime restaurant space, crafted partially from a 1950s building that stood vacant in recent years. This portion of the project is now complete and its residents are open for business.
Phase 1's tenants offer a range of options. Stock & Stable brings Italian influence to American gastropub. Owner and chef Joe Absolor says, “7th Street is the up-and-coming restaurant row of uptown Phoenix. I think Stock & Stable will become an institution in the…
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Everything You Need to Know About Phoenix Dining
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How EverWest's New Office Park Will Change The Game
EverWest Real Estate Partners and WHI Real Estate Partners are converting a former apartment complex into a creative office community they hope will change office culture. The 14-building redevelopment project on the corner of 64th Street and Thomas in Scottsdale, dubbed The…
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Q&A With EBI Consulting's Rich George: Soil Vapor Risks And Remedies
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EBI Consulting |
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Soil Vapor Extraction removes potentially harmful molecules from below ground for treatment above ground. Vapors are the gaseous compounds released into the atmosphere when chemicals change phases. SVE applies a vacuum that extracts these carcinogenic substances from the soil above the water table. We sat down with EBI Consulting senior program director Richard George to learn more.
Bisnow: What are the dangers associated with contaminated soil vapor? What are the health risks if they seep into concrete foundations?
Rich: Contaminated soil vapor can pose a cancer risk and non-cancer risks in either residential…
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Sprouts-Anchored Scottsdale Shopping Center Goes For $47M
Silverstone Marketplace, a neighborhood shopping center completed last year, has been picked up by LaSalle Investment Management for $47M. Anchored by Sprouts Farmers Market, Silverstone Marketplace serves the affluent neighboring master planned communities of Grayhawk, Desert Foothills, Boulders, Troon and…
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Black Rock Coffee Bar Gets In On Arizona Market
Black Rock Coffee Bar is entering the Arizona market strong, with two locations this year and a third in March. JLL Phoenix repped the Portland-based coffee shop in negotiating three leases. Black Rock operates 32 locations across Oregon, Washington and California. The company will…
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Experts Note Sluggish Hotel Growth, Downtick In International Travel Following Brexit Vote
Industry experts say hotels are experiencing a period of sluggish growth, some of which traces back to the Brexit vote.
Smith Travel Research CEO Amanda Hite told World Property Journal that hotels' slow performance post-Brexit may become the new normal, if stocks are any indication. Though they aren't soaring, US stocks aren't necessarily sinking either. The Baird/STR Hotel Stock Index reveals the sector was up 6.1% in July, and Amanda says most players are now focusing their efforts on average daily rate growth to drive profits.
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People On The Move: These Industry Leaders Have Made Big Moves At Top CRE Firms
There's nothing wrong with a little healthy competition, and these industry leaders know it. Within the past several weeks, dozens of company execs and brokers have made big moves—changing companies and moving up in rank. Check out these leadership changes from some of the top companies in commercial real estate.
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The Simple Trick To Leasing Space Faster
Leasing commercial real estate is about showing the client the potential that a space possesses. You can present a raw space empty.
If you're feeling ambitious, you can spend a bunch of time, money and other resources on another broker…
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