In the U.S., revenue earned from retail e-commerce is estimated to exceed one trillion dollars in 2023. The online shopping revenue in the U.S. is projected to surpass 1.5 trillion dollars by 2027. According to research by Fundera, 16% of all retail purchases are made on e-commerce sites and it is also anticipated that e-commerce will handle 95% of all consumer transactions by … [More]
Another Industrial Facility Breaks Ground in the Heart of the West Valley Market
Mohr Capital and Rosewood Property Company have kicked off construction on West Summit Logistics Park, in Surprise, Arizona. The logistics park will consist of two Class-A industrial buildings totaling 704,472 square feet across 46 acres of land. “Summit Business Park will sit in a prime location in one of the best markets in the country,” said Bob Mohr, chairman of Mohr … [More]
International Law Firm Finds New Home on Camelback
Perkins Coie, a leading international law firm headquartered in Seattle, has signed a long-term lease for a new office location in Phoenix, Arizona. The law firm will occupy 30,955 square feet at Camelback Esplanade, a Class-A project located at 2525 East Camelback Road in central Phoenix that will be undergoing a significant upgrade and renovation that began this … [More]