December Archives

SVN Phoenix closes 2015 with $4.5M in deals

122375084
by in AZRE Magazine | Brokerage

SVN’s Phoenix office closed out 2015 with $4.5 million worth of sales and leases through collaborative efforts by its retail, office and multifamily teams. SALES Michael Gustafson sold 18,585 square-feet to Pete Coury with Jabbel Holdings, LLC for $2,565,555. The retail property is located at 2737 W. Thunderbird Rd. The Best Buy shops are well-known… Read More →

New restaurant, Tapacubo, opens in Tempe

Copyright: Christian Horan Photography

Graduate Tempe announced the opening of Tapacubo, the hotel’s Mexican street food outpost, on December 5, 2014. Located at the hotel at 225 East Apache Boulevard, Tapacubo’s flavorful menu presents a variety of handcrafted South of the Border classics including tacos, tortas and arepas along with an extensive beverage list. Executive Chef Brian Archibald has… Read More →

Arizona jobless rate rises in December

Economy

Arizona’s unemployment rate is up, rising from 7.8 percent in November to 7.9 percent in December. Department of Administration economists say job gains in the private sector were outpaced by job losses in the public sector. The department says six economic sectors gained jobs while five others lost jobs. The leisure and hospitality sector had… Read More →

U.S. adds 155,000 jobs in December

Economy

U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff. The solid job growth wasn’t enough to reduce the unemployment rate, which remained 7.8 percent last month, the Labor Department said Friday. The rate for November was revised up from an… Read More →

Retailers report increase in December sales

Retail-Shopping-Bags
by in Business News

A last-minute surge in spending helped many major retailers report better-than-expected sales in December, a relief for stores that make up to 40 percent of annual revenue during the holiday period. Consumers had a lot to worry about this holiday, including the possibility of the U.S. economy falling off the “fiscal cliff.” But after spending… Read More →