Layoffs, Withdrawals and Closures Belie the Strength of the Phoenix Construction Market
By Rebekah Morris for Arizona Builder’s Exchange Go for a drive any Saturday morning through commercial construction hotspots like Downtown Tempe or between the 7s (Ave & St in Phoenix), and you’ll see crews racing through framing and other trades visible from the street. Market sectors from highways and transit to multifamily and industrial are […]
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 […]