Passco News

Downtown Scottsdale is experiencing unprecedented employment growth from healthcare, technology and financial services companies. Proximity to advanced education, abundant amenities and excellent demographics continue to attract top companies such as Yelp,…

The Austin area’s multifamily allure is attracting national attention and numerous investors, but could the high volume of new construction scare some away? It’s a concern for California-based Passco Cos,…

Many often wish they had a glimpse into the future in order to better prepare for the roads ahead, but those in the multifamily business don’t need a crystal ball to…

The industry is split about the Fed’s recent decision to keep interest rates at historic lows, and while Alan Clifton, Passco Cos. SVP of investments and operations, didn’t take any sides, he said that…

Given a choice of retail acquisition/disposition, holding/managing properties or developing ground-up properties, the best money is made in the process of acquiring, renovating and selling, said panelists at ICSC’s Western Division…

Homegrown and independent tenants — the types landlords might well have overlooked roughly a decade ago — have come into high demand in California as shopping centers re-create themselves to…

When it comes to retail development in the West Coast, while there may not be a lot of new development, there is a lot of activity. “The biggest trend we…

Asset management is the key to finding the right property manager, according to Todd Siegel, VP of retail at Passco Co.—a firm that uniquely packages the two together so that owners can get the…

“Balancing a complex and appealing building design with the cost to construct it, while maintaining the established budget, is like choreographing an elegant dance set to music that is finite…

Passco Cos. received 10 offers from investors for the Howard Hughes Center, a 248,841-square-foot retail property. Earlier this week, GlobeSt.com reported that the Laurus Corp. purchased the property for $111 million and plans to invest an additional…