The landscape of Southwest commercial real estate is changing and growing. Within the last few years, high-tech companies have been looking to the Southwest as a new alternative to pricier markets for commercial office space. In August 2020, Amazon announced that they will be adding a 100-million-dollar expansion to office spaces in Phoenix with […]
The abrupt shift to remote working due to the pandemic revealed that most office workers managed their jobs well while working from home. This has prompted some corporate leaders to re-evaluate the use of traditional office space and rethink their business needs moving forward. While many understand that the future of commercial office space will […]
The coronavirus outbreak has quickly put the economy into turmoil. While many businesses are struggling to keep up with the drastic changes in the market, the commercial real estate industry may have some bright spots despite obvious uncertainties. The COVID-19 outbreak in the U.S. is expected to advance trends in commercial real estate that were […]
Remote online notarization allows you to get your documents notarized anytime, anywhere – you can even do it from home in your pajamas. It is no secret that technology is changing the way we do business. Even before COVID-19, we could conduct virtual meetings, digitally store documents and work remotely. Now, these tools and resources are more valuable than ever, as we continue to work with customers and process real..
It is no secret that the Valley is one of the strongest real estate markets in the U.S. The growth and appreciation include positive trends in the Phoenix rental market for both the residential and commercial sectors. According to RealPage, Phoenix residential multi-family property rents have increased nearly 50% since 2010 and as of January […]
The cannabis industry is rapidly growing as more and more states are legalizing both medical marijuana usage and adult/recreational use. The rapid growth has led to an increase in demand for commercial properties, as cannabis companies need space for both their manufacturing and retail operations. Investors are now buying up commercial properties, such as warehouses […]
Consistency. That’s the most frequently used word when the commercial real estate landscape in Phoenix is discussed. And that’s not a bad thing. Phoenix-Metro is still affordable, is steadily modernizing and the with success in the area of economic development, the cities that make up the metro area are adapting to create a better quality […]
In June, we wrote a post on how Tempe Town Lake facilitated the city’s economic development. Commercial real estate projects in Metro Phoenix are abundant, but Tempe continues to be a draw for many businesses, including commercial real estate developer, Irgens who recently announced plans to break ground in the first quarter of 2020 on […]
By 2035, the number of seniors in the U.S. is expected to hit 78 million (almost a third of the country’s population), according to a 2018 U.S. Census Bureau report. In a recent housing market forecast for 2020 prepared by AZRE, it’s predicted that the senior housing market will continue to heat up. Assisted living […]
Collaborative workspaces are becoming increasingly popular. The open environment falls in line with the values of today’s employees and it provides many benefits for both your staff and your bottom line. Collaborative workspaces attract businesses of all sizes– from startups to global enterprises. The workspace is typically made up of a mix of private offices […]
Owning commercial real estate is not for the fainthearted; commercial properties are far more expensive than residential properties, they cost more to maintain, and there’s the risk of seeing the value of the investment drop during a recession or economic downturn. However, while these factors may be off putting to some, keen and experienced investors […]
Driving through Maricopa County, it is evident that commercial real estate construction is experiencing a boom. While the experts are trying to determine when it might slow, there are some clear trends in commercial real estate that are influencing construction practices and building design features. Here are a few leading trends dominating 2019: Psychographics […]
We hear that artificial intelligence (AI) and machine learning are disrupting industries, including residential real estate, but the AI clamor is decidedly quieter when talking about its impact on commercial real estate. While AI has gained a foothold in residential real estate, things are moving a bit slower on the commercial side of things. That […]
Tempe Town Lake began as an academic exercise for ASU architect students in 1966, but the formerly dry riverbed is now a bustling mecca for Tempe’s economic development and rising real estate values. More than 50 years ago, ASU’s College of Architecture dean, James Elmore challenged his students to come up with a way to […]
Universities are generally very good neighbors to the real estate around them in terms of rising land value. Real Estate near Arizona State University’s Tempe and downtown Phoenix campuses have seen steady climbs in prices. Both areas have ranked as two of the hottest development zones in the Valley. But what about land value around […]
The growth of Arizona's medical marijuana industry is proving to be a boon to commercial real estate. Cannabis growers are buying older industrial properties and giving new life to shuttered warehouses and factories.
Steady growth in Arizona’s real estate market means big things for Landmark Title Assurance Agency. The company recently added seven new members to the team and opened a new office at Kierland Commons. Plans are on tap to add more staff and space in 2018. On top of that, Landmark Title just entered into […]
The struggle and increasing demise of big-box retailers is helping give legs to a new trend in commercial real estate: food halls. Long a fixture in New York and San Francisco, food halls are now sprouting up in several major cities. The number of food halls in the U.S. grew almost forty percent in […]
Job and population growth are fueling a booming commercial and residential real estate market in metro Phoenix. Consider thqt and the fact that Arizona's lawmakers have passed a law protecting home-sharing platforms, and you have the perfect environment for investing in Airbnb's.
Infill development in the urban areas of Phoenix has grown steadily in the last decade. The explosive growth of high and mid-rise apartments has also unleashed further development of restaurants, retail and service-oriented business that follow apartment and condo dwellers into their new digs.
It’s easy to understand the attraction of investing in commercial real estate, especially in Arizona, where the Valley is seeing a major boom in the opening of restaurants, retail spaces and large, posh apartment complexes. The potential returns on commercial property can be much bigger than investing in residential real estate, but so are the […]
In January, on the eve of President Donald Trump’s inauguration, we posted a blog that looked at the Dodd-Frank Act and its potential impact on the title insurance industry. The Dodd-Frank Act that was originally introduced under the Obama administration increased the level of regulation on the financial services industry, implementing stress tests to determine […]
Landmark Title recently added a new department to expand its client services. The Builder and Developer Direct Services department will provide value-added services directly to the developers, sub-dividers and homebuilder community. They will work closely with builders and developers on everything from single site builds to master planned communities, ultimately helping clients navigate the Subdivision […]
Landmark Title warmly welcomes John Gerard to the team as Vice President of Builder and Developer Services, a new department at Landmark Title. In his new position, John will work closely with builders and developers to provide title and escrow services for land acquisition, home builders and community development. Under his direction, Landmark Title […]
The commercial real estate market is an ever-changing industry that requires endless monitoring, systematic analyses, and strategies for change/growth. These sentiments pack so much more punch when you consider the global economic and political uncertainties we face after the completion of our current election. Nevertheless, our commercial title and escrow officers are working with commercial […]