Author Archives: Jennifer Farino

Vacancy rates beginning to flatline despite continued economic activity

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In the midst of one of the longest economic expansions, overall vacancy rates continue to fluctuate.

 

Core vacancy rates are the highest, however, class A office and multifamily developments and ASU’s growing Downtown campus will begin to attract an educated workforce to live, work and play. Block 23 leads Downtown’s overall class… Read More

Twenty straight quarters of positive office absorption

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Metro Phoenix has seen a trend like no other before, the end of second quarter 2018 it marked its 20th straight quarter of positive absorption recording at 327,392 square feet and reaching just over a million square feet of YTD absorption.

The strength of the under construction product in also another strong… Read More

JLL stats go digital: Strong demand for office continues

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Solid fundamentals held through the first half of 2018 show signs of a continuing healthy market. Learn about the key trends impacting the office market by viewing our new digital stats landing page.

Report highlights include:

  • Construction increases: Construction ramped up during the second quarter of 2018 with over 2.7
  • Read More