Bob Marra
Commercial properties often reach the market before the next chapter of a local economy becomes visible. A warehouse complex offered with substantial vacancy can signal both leasing pressure and confidence in future industrial demand. A specialized medical...
The unusual commercial real estate offering would transfer the landlord’s interest in the arena site and decades of lease-related income. It would not amount to a conventional sale of the Firebirds, the concert business or day-to-day control of the arena. From...
The Greater Palm Springs housing market delivered the kind of home sales data in June that are easy to misread. According to Jon Gordon, a local broker with Rosenthal Associates based in Palm Desert, sales increased, inventory fell, and more properties entered...
The City Council voted 5-0 to place a permanent sales and use tax increase on the Nov. 3 ballot. Officials cited rapidly rising insurance, public safety and road costs, while the city’s substantial reserves are likely to remain central to the campaign. Rancho...
The first quarter is when the Greater Palm Springs economy is supposed to show its strength. Seasonal residents are in town. Hotels and resorts are busy. Signature events fill calendars. Restaurants, shopping districts and auto dealerships benefit from some of...