Tag Archives: Phoenix commercial real estate

Phoenix industrial vacancy approaches pre-recessionary low

0 CommentsBy

There have been no signs of a slowdown as the market continues to record strong absorption gains, consistent rent growth and healthy development activity. This year is on pace to record over 8.8 million square feet of positive absorption, marking the eighth consecutive year of positive absorption gains.

During the previous cycle,… Read More

The Phoenix market “runway” looks long and wide

0 CommentsBy
DSC_2556-1-edited

3131 E Camelback Road

JLL’s Q4 Office Investment Outlook identifies Phoenix as the sixth secondary market with the highest investment volume at $1.9 billion. Various sources predict strong growth within the local market for years to come:

  • Moody’s predicts 4.2% annual GMP growth in Phoenix for
  • Read More

Phoenix tops Western U.S. population growth

0 CommentsBy

cow_phoenix_population-growth_september-5-2016-croppedSurging 9.3 percent, Greater Phoenix recorded the highest percentage population gain of all the major metropolitan areas in the Western United States from 2010 to 2016.

More than 391,000 people moved to the Valley in the past six years, growing from 4.1 million residents in 2010 to nearly 4.6 million residents in 2016.

Source: JLL… Read More