The old economy is gone’: Business, education leaders see post-virus rebound for Arizona. 

 

 

You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and  need an estimated value.   Phone: 480-948-5554     Prefer cell: 520-975-5207 or email me walterunger@ccim.net.   

 CLICK HERE TO VIEW ALL MY 50 MIL WORTH OF LISTINGS.   

 

Russ Wiles, Arizona Republic Published 2:13 p.m. MT June 3, 2020

Arizona could rebound well economically from the coronavirus-induced recession, say some of the state’s business and education leaders.

States like Arizona with modern infrastructure, a well-educated and growing labor force, technological prowess and a pro-business political outlook will be able to react better than others, said speakers at a webinar hosted by East Valley Partnership that had a pep-talk tone.

“The opportunities for Arizona are unbelievable” with Arizona having “maybe the greatest potential of any state,” said Michael Crow, president of Arizona State University and one of the webinar participants.

The coronavirus pandemic, he said, will hasten adoption of artificial intelligence, augmented reality, health care provided remotely and other innovations where Arizona is competitive.

“We have to realize the old economy is gone,” Crow said.

A well-trained labor force and strong infrastructure will be the “two key differentiators” helping Arizona, said Chris Camacho, president and CEO of the Greater Phoenix Economic Council.

As the pandemic and trade tensions with China result in more manufacturing returning to North America, Camacho said he sees Arizona partnering even more with northern Mexico and Southern California on economic-development initiatives.

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Favorable Arizona factors

Factors that could encourage more businesses to set up or expand operations here, he said, include available labor, good telecommunications and other infrastructure, affordable housing and access to large markets such as California.

With the coronavirus shifting millions of workers across the nation to at-home jobs, speakers said the signals remain mixed as to whether demand for office space near downtown Phoenix and other U.S. urban centers will recover.

But that still could make suburban areas of metro Phoenix, with relatively modest housing prices, attractive for many.

If you’re a relatively young, well-educated employee, “Why not live in the East Valley and work for a Silicon Valley firm?” said Dennis Hoffman, an ASU economics professor.

DIG DEEPER

Top news headlines

Gov. Doug Ducey’s statewide curfew explained

Residents of Phoenix neighborhood say police, not protesters, were problem

Zero-emission truck maker Nikola readies for rebirth as $11B public company

Coronavirus closed Arizona restaurants for months. Now they face a curfew

Building on prior momentum

But until consumer spending picks up, unemployment drops, businesses open more fully and other signs emerge of an enduring economic recovery, many of these forecasts for Arizona and other states remain conjecture.

Still, Arizona had been on a roll prior to the pandemic, logging some of the nation’s largest population and employment gains. Major expansion announcements from ZoomTaiwan Semiconductor ManufacturingLucid MotorsNikola and Northrop Grumman were among recent examples that the state’s economy has diversified away from real estate and construction.

“Greater Phoenix and the East Valley will fare well in the next decade,” Camacho predicted, citing in particular the area’s “depth in engineering and technical talent.”

Reach the reporter at russ.wiles@arizonarepublic.com.

SEE IT ALL: https://www.azcentral.com/story/money/business/economy/2020/06/03/arizona-poised-rebound-well-virus-slump-say-business-education-leaders/3136982001/

FROM ME:                                                                    

Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM,  CREXI.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial en.wikipedia.org/wiki/CCIM     FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME –  cell: 520-975-5207 or email me walterunger@ccim.net

CLICK HERE TO VIEW ALL MY 50 MIL WORTH OF LISTINGS.   

 

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

 

History of Arizona from  900 BC – 2017 -Timeline.

 

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

 

8 Reasons You Should Invest in Land

  •  

History of Arizona from  900 BC – 2017 -Timeline.

 

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION

ARIZONA FACTS – YEAR 1848 TO 2013

VIEW ALL OF WALTERS LISTINGS

What is a CCIM.

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
  • The average age of the population is 34 years old.
  • The health cost index score in this area is 102.1. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).

LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17

Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience                                                                                                                         

Click here to find out what is a CCIM:

Click here to view my website:

Click her to join my mailing list :      

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

 

FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME

 

  “You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and  need an estimated value.   Phone: 480-948-5554     Prefer cell: 520-975-5207 or email me walterunger@ccim.net.       

 

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

 

Check out my professional profile and connect with me on LinkedIn.

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 Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map  shows the location of each community (10+ units) and each location is color coded by the size (number of total units). 

 Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

www.Walter-Unger.com

 

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me.

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