Tiny Apartments? Arizona Has Them
June 30, 2016

Tiny Apartments? Arizona Has Them

Sunset Bars, Healthy Eats, Art Hotels: How will Phoenix accommodate its newest tourists? Find out here!

Arizona is home to some of the tiniest apartment options in the nation, according to a recent study by RENTCafé.

Tucson had the smallest average size of new apartments built in 2016, with Glendale and Mesa coming in fourth and fifth in the nation on the same list. Phoenix came in seventh. “Much like other major cities in the Southwest, Tucson…

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Pedal Haus Brewery To Revamp, Increase Brewing Capacity

Downtown Tempe's Pedal Haus Brewery is closed until the beginning of October for renovation. The dining area will be rearranged, patio area revamped and brewing capacity quadrupled. This comes as no surprise following the brewery's smashing success since opening last September.…

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Historic 'Psycho' Building to Become Condos, Shops

Phoenix City Council has approved the sale of the historic Barrister Building, known for its appearance in the Alfred Hitchcock thriller Psycho. The buyer, Crescent Bay Development Services, has plans to renovate the 1915 building to include condos, shops and restaurants,…

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Glendale Strip Mall Sells For $138/SF

Manistee Ranch Park Shops, a retail center in Glendale, AZ, has sold for $1.1M. That breaks down to $138.50/SF for the 7,942 SF center. On the corner of 51st and Northern avenues, Manistee Ranch Park is close to the Glendale AZ Historical Society

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Real Estate Transactions Decline In Q1, But Outlook Remains Healthy

Though commercial real estate transactions decreased significantly in Q1, industry experts say the outlook remains healthy for capital markets.

Deal volume fell 18.5% to $108B compared to the year-ago quarter, Ten-X says in its CRE capital markets report. “A first-quarter slowdown in transactional volume was predictable, as investors traditionally push to get deals on the books by the end of the fourth quarter,” Ten-X Research chief economist Peter Muoio says. 

Check out how the five real estate sectors—office, industrial, hotel, multifamily and retail— fared in Q1. 

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Study Finds REITs Are Pension Funds' Top-Performing Asset

Declining interest rates have hurt pension fund investments, making it difficult to yield large returns, so funds have turned to alternative investments like real estate.

A recent study revealed REITs are the top-performing asset class in pension funds, despite the fact they account for less than 1% of fund allocations, CEM Benchmarking researcher Alex Beath tells Bisnow.

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What A Time To Come To London!

Bisnow Media
 

In business, timing is everything.

Just as Britain walks away from its relationship with the EU, Bisnow is bringing its one-of-a-kind news and events platform to the UK—starting July 4 (we'll bring the fireworks). Get ready for the chance to rub shoulders with real estate's movers and shakers in the Old Smoke.

Hurry up and subscribe to our London newsletter to avoid missing out on Bisnow's (almost) never boring events (launching in Jolly Old this fall) and read about the biggest news in the city. Check out our London page here. Responsible for any of that news? Email Cate Meredith, our UK editor on the ground.

For any sales and events inquiries, contact Natascha Bhuiyan.

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Bisnow Annual Multifamily And Mixed-Use Conference

With trends like micro-units, sky-high pricing and recession fears (that counts as a trend, right?) ramping up in the multifamily sector, Bisnow is staying ahead of the game. Our upcoming super-regional multifamily and mixed-use conference will feature legends like TruAmerica CEO Bob Hart and MacFarlane Partners CEO Victor MacFarlane giving their take on the apartment of the future, the ever-expanding importance of mixed-use communities, how to weather a coming recession and much more.

Click here for more info and pricing.

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Send in your exciting news: Mallory.Wilson@bisnow.com