Phoenix Job Growth Great News For Capstone's Phoenix Real Estate Investments


Over the last number of months, there have been a number of new job announcements in the Phoenix area. This is great news for the Phoenix economy and real estate market. This is also really great news for investors in Capstone Real Estate’s RRSP eligible Phoenix real estate investment funds; which will continue to benefit from the improving market conditions. Here are some of the recent job announcements:

Phoenix ranks as the 4th fastest growing city in the U.S. for new tech jobs - March 11, 2013 The Phoenix area has seen at least 50 percent growth in tech jobs this year versus last year. Phoenix also ranked 4th in the nation for tech salary growth, up 12 percent year over year. Click here to read the full article. GM Hiring 1,000 Employees in Phoenix – March 6, 2013 GM chose the locations by looking at IT talent-rich areas that also offer a strong community, lower cost of living and a high-tech industry presence. Click here to read the full article. USAA to expand campus, hire 1,000 in Phoenix – March 5, 2013

USAA, a financial services and insurance provider to military service members and their families, plans on hiring as many as 1,000 new workers and will add 380,000 square feet to its north Phoenix campus. Click here to read the full article. New Phoenix Premium Outlet Mall Hiring 800 - February 15, 2013 Phoenix Premium Outlets is looking to hire 800 people. The outlet mall will open April 4 in Chandler. Click here to read the full article. Forbes names Phoenix among fastest-growing cities for population, economy – January 23, 2013 Forbes magazine named Phoenix as one of the fastest-growing cities in America. Factors assessed were the estimated rate of population growth for 2012 and 2013, the rate of job growth in 2012, and the rate of gross metro product/economic growth for 2012. Click here to read the full article. Wells Fargo to hire 900 in Phoenix area, staff new Tempe mortgage center - January 4, 2013 Wells Fargo will hire roughly 900 people to staff a new home loan operations center in Tempe, as well as existing mortgage offices around Phoenix. Click here to read the full article.


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