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May 24, 2018
Commercial real estate industry secures major wins in 2018 session
The biggest victory was a grand compromise on GPLET (Government Property Lease Excise Tax) reform. A unanimous deal was struck between developers, cities and tax watchdogs on the long-term retention of the 8-year property tax abatement and narrowing the application in the future to a capped land mass contained in a central business district (CBD) within a city. HB2126 passed virtually unanimously [...]
Oct 8, 2014
Forecast: Valley commercial real estate to improve slowly in 2015
The Valley’s commercial real estate market will continue to improve slowly in 2015 with promising growth in residential rental housing, an Arizona State University real estate professor said.
