Tag Archives: recovery

Chart of the Week: 2013 was wrapped in caution tape

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 COW_Phoenix_February 17

Economic uncertainty coupled with political brinkmanship in an already slow recovery led to hesitation among many tenants in 2013. Office leasing activity  in Phoenix dropped below the 10-year average of 6.4 million SF in 2013, but expect this trend to reverse as tenants begin to re-evaluate their real estate needs in… Read More

U.S. Employment Update | January 2014

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January 2014 employment update

December saw the U.S. economy add just 74,000 jobs, the second-lowest monthly figure recorded throughout the recovery so far. It caps off a year that registered a 2.2-million-job expansion, unemployment falling to 6.7 percent and a more consistent as well as geographically broadening expansion. While trade and manufacturing were some… Read More

Chart of the Week: Employment Highs and Lows

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COW_Phoenix_November 11

Phoenix was hit hard by the recent recession and lost over 300,000 non-farm jobs across almost every employment sector. Construction was one of the hardest hit sectors shedding 57.0 percent of its labor force. Fortunately, since early 2010, Phoenix has rebounded substantially outpacing national job growth and adding almost 150,000 new non-farm… Read More

U.S. Construction Outlook Fall 2013: Construction industry advancing in a challenging environment

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Construction-outlookThe construction industry today is in a vastly different state than it was one year ago. Despite a lagging recovery, the construction industry managed to withstand systemic shocks to the U.S. economy and build off of positive momentum in certain sectors during late 2012 into 2013. The resurgence of the U.S. housing market is helping to propel construction activity… Read More

Apartments likely to become more popular as West Valley cities develop urban downtowns

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JLL brokered $4.73 million sale of Main Street Lofts at Verrado in Buckeye

JLL brokered the $4.73 million sale of Main Street Lofts at Verrado in Buckeye

In a recent article published by the Arizona Republic, Jones Lang LaSalle’s Phoenix multifamily expert, John Cunningham, discussed the recent sale of Main… Read More

Southeast Valley is leading the Phoenix market

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 COW_Phoenix_July 25 - SE Valley Absorption

Click here for more market insight on our Phoenix research group web page: Phoenix – Research

Tweet this: @JLLNews says tenants have been choosing #Phoenix‘s Southeast Valley over other submarkets. http://bit.ly/12OP0or  

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