Tag Archives: Scottsdale

Labor shortage increases costs of Phoenix contractors, engineers and architects

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Construction activity is robust in the Phoenix market, and is expected to continue through at least the first half of 2018 based on current forecasts. Office, industrial and multifamily development is at an all-time high, and there are many new ground-up, build-to-suit projects underway throughout the… Read More

Where to Find Talent? Four Trends at the Core of any Successful Tech Ecosystem

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The escalating war for tech talent in major tech hubs is real. Unemployment in traditional tech hubs like Silicon Valley and San Francisco is historically low at a time when tech drives 24.2 percent of U.S. office leasing activity. While these hubs boast access to talent and a culture of innovation,… Read More

Valley cities and towns some of the healthiest in the U.S.

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Scottsdale (#3) and Tempe (#11) both ranked highly in an annual report on the Healthiest Cities in America.

Recognizing the correlation between fitness and nutrition, Tempe ranked 2nd in Healthy Restaurants per capita.

With almost year-round sunshine and plenty of hiking options, biking trails, golf courses and swimming pools, the Phoenix… Read More

Arizona State University recognized for innovation driving economic growth in Phoenix

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Arizona State University (ASU) ranked 21st in the Milken Institute’s “University Technology Transfer and Commercialization Index.” The Index quantitatively measures how public and private universities capitalize on their research success by converting it for private-sector applications.

With an index score of 100, the University of Utah ranked first in the… Read More

Scottsdale, Deer Valley Submarkets Prevail in JLL Q1 Phoenix Industrial Report

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Growth among traditional and non-traditional industrial users continues to push the Phoenix industrial market forward. This is particularly true in Scottsdale and Deer Valley, where asking rents surged as much as 30 percent in the first quarter of the year as demand surpassed new product in Scottsdale and matched new supply in Deer Valley, according to our Q1 2017 Phoenix Industrial Insight report.

While the average asking rental rate for local industrial space… Read More

Scottsdale named No. 1 active lifestyle city in U.S.

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The city of Scottsdale ranked No. 1 in WalletHub’s “2016 Best and Worst Cities for an Active Lifestyle” study, which compared the 100 most populated cities in the U.S.

Using 24 key metrics identifying an active lifestyle, Scottsdale scored 57.01 points out of a possible 100. Categories include: number of… Read More

Three Phoenix Metro cities named best places to start a career

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  • In a study conducted by WalletHub, the cities of Scottsdale (#15), Tempe (#48) and Chandler (#49) were all ranked as some of the best cities to start a career for young professionals. The cities also ranked highly in the quality of life category, ranking #1, #18 and #2, respectively.
  • Moreover, several Arizona cities ranked highly for affordable housing, with Gilbert (#1) and Chandler (#4)
  • Read More

[VIDEO] Phoenix Tech Outlook – 2015

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Phoenix tech companies will soon have plenty of attractively priced, build-to-suit opportunities to choose from. The market currently has more than 3.9 million square feet of office space underdevelopment, which will likely include competitively priced build-to-suit opportunities and incentives.

In the shorter term, though, tech tenants must compete for space within top submarkets like the Southeast Valley and Scottsdale, where vacancy rates have tightened.

In the video below, JLL’s Senior Vice President Keith… Read More

Institutional-Quality Multifamily Asset Snapped Up in Scottsdale

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JeffersonSimpson Housing, LLLP purchases Jefferson on Legacy

Highly amenitized multifamily opportunities continue to garner top billing among developers and investors. In an off-market deal, Simpson Housing, LLLP purchased Jefferson on Legacy, a 322-unit multifamily property located in Scottsdale, Arizona. JLL’s Capital Markets experts brought the new buyers to the table after securing… Read More

JLL Signs Latest Tech Tenant to Old Town Scottsdale: OutboundEngine

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4110-bldgThe Phoenix office of JLL has signed OutboundEngine, the 100 percent done-for-you email, social media and content marketing platform, to a new lease at 4110 N. Scottsdale Rd. in Old Town Scottsdale, a market that is becoming increasingly flush with high-tech and internet-related corporate office tenants.

Based in Austin, OutboundEngine specializes in content, email and social media marketing to drive engagement, leads and referrals. The company will use the new location as a regional sales and business development center, and plans to hire 60 employees over the next year.

“Phoenix has a vibrant economy that is attracting a great deal of top talent,” said Branndon Stewart, founder and CEO of OutboundEngine. “As we looked to expand our office and grow our sales team, the Phoenix area seemed like the ideal next step.”… Read More