Tag Archives: Q4

Market tightening as vacancy falls, rents increase – JLL Q4 2015 Industrial Reports

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Industrial InsightStrong absorption, lots of activity in the Gilbert submarket
The Gilbert submarket, situated at the far end of the Southeast Valley, is the fifth-largest submarket in Metro Phoenix. Despite its modest inventory of 16.5 million square feet, Gilbert recorded 815,336 square feet of positive absorption in 2015, easily outpacing submarkets more than twice its size. While 52 percent of the submarket’s absorption gains… Read More

Phoenix Office Market Highlights | Q4 2013

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JLL Phoenix (image)

The Phoenix office market ended the year on a high note with steady absorption gains across the Valley and a subtle drop in vacancy thanks to limited construction completions. Although 2013 closed out in the black, occupancy gains were smaller compared to 2012 as tenants remain cautious about the state of the economy and… Read More