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    • [June 27, 2025] - Arterial Life Cycle Program Covers 20 Years of Street Development
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    • [June 24, 2025] - Hobbs, Legislators Reach Water Use Compromise
    • [June 24, 2025] - $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects
    • [June 24, 2025] - Queen Creek Council OKs Amendment for 166-Unit Townhome Project
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      Kimpton Hotel Palomar Phoenix to See $5.5M in Renovations

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      Arterial Life Cycle Program Covers 20 Years of Street Development

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    AZBEX
    Home » Budgets & Funding » COVID-19 News Round-up for October 20th
    Budgets & Funding

    COVID-19 News Round-up for October 20th

    BEX StaffBy BEX StaffOctober 20, 2020No Comments1 Min Read
    Credit: BKD
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    Economic News 
    Phoenix Commercial Leasing Remains Bogged Down 
    Phoenix CRE is slogging away amid the COVID-19 pandemic, with some deals continuing to move forward but many major deals remaining stalled. Andrew Cheney, principal for Lee & Associates, says almost any deal for more than 50SKF has been put on ice. Nonetheless, confidence has increased slightly over the course of the pandemic, and more transactions have proceeded as scheduled, according to a survey done by the Society of Industrial and Office Realtors. (Source: Phoenix Business Journal) 
    Tech Sees a Largely Remote Future Work Environment 
    Now that many corporations have gone largely remote, and found that their workforces remain productive, the technology sector appears to be embracing the concept for the long-term. In a new survey by Savills North America of several hundred technology office tenants, a staggering majority of firms, 94 percent, said they expect remote work, at least a few days a week, to be normalized at their company in a post-vaccine environment. (Source: GlobeSt.com) 
    Resources 
    Valley Partnership has recently updated its Coronavirus Resources for Arizona Businesses page to include an extensive list of Arizona cities’ and departments’ operations updates.  

    COVID-19
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    By Roland Murphy for AZBEX With implementation of the Maricopa County Proposition 479 half-cent transportation…

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