Tight vacancies and high demand are sparking bidding wars for industrial space across the U.S., driving both asking and taking rent growth to new highs, according to a new report from CBRE. Asking rents increased a record 8.3% year-over-year in Q4 2020 and 7.1% in Q1 2021—well above the five-year annual growth average of 6.8%. Asking rents are the listed rates that landlords … [More]
American Lung Association in Arizona Expands Leadership Board
The American Lung Association has added several new prominent Arizona business leaders to its Leadership Board as need for information and services for those with respiratory disease continues to grow throughout the Southwest. To bolster its strength in the state and assist the 937,206 Arizonans living with lung disease, the American Lung Association in Arizona is welcoming … [More]
National AV Integrator Celebrates 30 Years of Audiovisual Innovation
CCS Presentation Systems, one of the largest integrators of audiovisual equipment in the U.S., turns 30 years old today. Beginning as a 2-person operation in 1991, CCS now has over 350 employees nationwide and annual revenue across the CCS group tops $160 million dollars. In 1991 John Godbout and his wife, Beth, decided after moving 9 times for John’s previous job with IBM, … [More]
Despite Record Low Rates, 78% of Homeowners Passed Up Refinancing Last Year
Fewer than a quarter of established homeowners refinanced their mortgages over the last year, even though about half of those who did say they cut their monthly payments by at least $300. Those savings often went toward home renovations or paying off debt. Zillow surveyed more than 1,300 homeowners who did not move over the past year (as of late April) to find out what … [More]
Maricopa Association of Governments Elects New Officers, New Regional Transportation Plan Is Priority
A new Regional Transportation Plan that will guide transportation investments for decades to come is just one of the important activities that will be a focus for newly elected officers for the Maricopa Association of Governments (MAG). At today’s Annual Meeting of the MAG Regional Council, Mesa Mayor John Giles was elected to be the agency’s new chair. Avondale Mayor … [More]
