February 2024 – Knowing the Numbers in Commercial Real Estate
The February 2024 in-depth look at Phoenix’s commercial real estate market shows that the office market sees continued uncertainty post-pandemic with increasing vacancies. Industrial spaces face a surge in vacancies due to excessive supply. The multi-family sector experiences rising vacancies despite strong leasing activity, while the retail market thrives with low vacancies and strong rent growth. This analysis highlights key market trends, challenges, and opportunities to guide strategic decision-making.
January 2024 – Knowing the Numbers in Commercial Real Estate
Office Market Phoenix witnessed a surge of 42,000 SF of new vacant office space entering the market, amplifying the challenges posed by sluggish demand and widespread economic uncertainty. The cumulative […]
September 2023 – Knowing the Numbers in Commercial Real Estate
Office Market In 23Q2, the Phoenix office market exhibits approximately 1 million square feet of negative net absorption, reflecting an extended period of demand disturbance. This culminates in a total […]
August 2023 – Knowing the Numbers in Commercial Real Estate
If you want to succeed in any business, then it’s important to know your numbers. In my chosen field of commercial real estate, we have no shortage of opportunities to […]
