Investment Report Shows Q2 Improvement

Source: Colliers International in Greater Phoenix Colliers International in Greater Phoenix has released its Investment Report for Q2, and things are generally looking up. Investment Overview After a slow start to 2017, many of the trends that emerged during the first quarter reversed course during the second quarter. More properties sold, prices trended higher and […]

Costs Up, Vacancies Incorrect, Market Strong

By Roland Murphy for Arizona Builder’s Exchange Around 120 people packed a ballroom at the Phoenix Country Club this week to catch up on commercial real estate trends at the Arizona Association for Economic Development’s August luncheon. Featured speaker Mark Singerman, VP and Regional Director for Rockefeller Group, took the lectern to share his insights […]

PHX Industrial: Lowest Vacancy Since 2006

Source: CBRE The Phoenix industrial market reflected strong growth and a healthy local economy during the second quarter. Net absorption increased from 1.67MSF during the first quarter of 2017 to 3.1MSF during the second quarter of the year. Meanwhile, overall vacancy decreased from 8.2 percent to 7.7 percent during Q2 2017 (its lowest level since […]

Big Box Bounds Back

By Roland Murphy for Arizona Builders Exchange The Industrial sector is firmly back and, “Firing on all cylinders,” according to the Q4 2016 Phoenix Industrial Insight report released earlier this week by JLL’s Phoenix office. Vacancy has dropped to an even 9 percent, a nine-year low. Despite a decrease in leasing volume brought about by […]