AZBEX Initial Forecast Event Surprises

By Peter Madrid and AZBEX Staff for Arizona Builder’s Exchange While it was nearly a given multifamily would be king of the hill in the 2017 commercial construction landscape, many other trends the Arizona Builder’s Exchange staff uncovered in preparation for its inaugural 2018 Construction Forecast event last Friday caught both them and several industry […]

Land Sales Accelerated in 1st Half

By Roland Murphy for Arizona Builder’s Exchange While pricing trends have been mixed, Phoenix area land sales in the first half of 2017 have accelerated, according to a Colliers International in Greater Phoenix report. Land parcel sales rose 11 percent from the second half of 2016, and transactions jumped 50 percent from the first half […]

RE Optimistic Though “Trump Bump” Fades

By Roland Murphy for Arizona Builder’s Exchange With the uncertainty of the U.S. presidential election over and promises of major infrastructure investment soon to come, the national real estate market experienced a pronounced bump in optimism between midyear 2016 and year end. Halfway through 2017, though that optimism has tempered somewhat, the industry experts have […]

Don’t Toll the Bell for Retail Just Yet

By Roland Murphy for Arizona Builder’s Exchange Over the past couple of years, the weeping and gnashing of teeth for retail, particularly in the Big Box sector, has been nearly biblical in its intensity. A lot of that doom and gloom, however, may just be an abundance of hype and a dearth of fact. Two […]

Reports Show PHX Retail, Big Box Doing Well

By Roland Murphy for Arizona Builder’s Exchange The Valley’s retail sector closed out 2016 on a high note, according to recently released findings by CBRE Research. The Q4 Phoenix Retail Marketview shows the quarter experienced nearly 600KSF of positive net absorption, the most in 2016, and vacancy dropped four basis points quarter-over-quarter, ending Q4 at […]