Arizona and Texas are two of the fastest-growing states in the United States, and the tech sector is a major driver of that growth. In both states, there is a significant amount of new commercial construction underway to support the growing tech industry. Arizona In Arizona, some of the most notable new commercial construction projects…
The COVID-19 pandemic (the “Pandemic”) triggered a series of events that turned the commercial construction industry upside down. Nationwide government lockdowns that started in March of 2020 yielded increased demand for materials, supply chain disruptions, labor shortages, and a long inflationary period, sending construction costs through the roof. This perfect storm caused unprecedented construction prices…
Accelerated Development Services recently completed a $6,900,000 NNN investment sale of the 13,818 square foot multi-tenant Center Marketplace in Midwest City, OK. The building is located at 5900 – 5914 SE 15th Street in Midwest City. The property held its grand opening earlier this year. Velocity Retail Group’s Dave Cheatham, Darren Pitts, Eli Castronova, and…