Retail REITs Continue Their Rent Collections Surge
Buoyed by continuing retail re-openings nationally, rent collections for freestanding and shopping mall-focused REITs trended upwards in July after gains in June.
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Monthly Archives: July 2020
Nikola breaks ground on $600 million manufacturing facility in Coolidge
Nikola Corporation, a Phoenix-based global transportation leader in zero-emissions and infrastructure solutions, is one step closer to bringing a 1 million-square-foot manufacturing facility to Coolidge, Ariz. following an official groundbreaking ceremony on its approximate 430-acre parcel.
Read MoreFive Below to build $75 million distribution center in Buckeye
Discount retailer Five Below will build a $75 million distribution center in Buckeye, the city announced Tuesday afternoon.
Read MoreMeritage CEO flying high on bullish outlook for Scottsdale homebuilder
Steve Hilton is flying high.
Not only did the share price of Meritage Homes Corp. (NYSE: MTH) briefly reach its all-time high on Thursday, but the Scottsdale homebuilder’s chairman and CEO can’t build houses fast enough to meet demand for potential buyers armed with record low mortgage interest rates ready to buy their first entry-level home.
Read MoreAldi to open four Valley stores before the end of the year
After years of working behind the scenes, German grocery brand Aldi has announced it will open several stores in Arizona by the end of the year.
Read MoreSummer shopping season reaches frenzy, Valley homes flying off the market
Rising temperatures and spiking Covid-19 cases aren’t keeping homebuyers from shopping for houses in metro Phoenix this summer.
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