by Kaya Cortese | Nov 4, 2025
The Phoenix industrial market is showing early signs of stabilization, but near-term conditions remain uncertain. Vacancy, which had been rising sharply since early 2023 due to a surge in new construction, has flattened as completions ease and tenant demand remains...
by Kaya Cortese | Oct 27, 2025
Arizona’s largest metro is entering a new stage of commercial transformation. The Phoenix commercial real estate market, long fueled by population growth and industrial demand, is now expanding beyond the urban core into the fast-developing West Valley. Fueled by...
by Kaya Cortese | Aug 13, 2025
The Phoenix office market is experiencing historically high vacancy at 16.8 percent, reflecting weak demand, corporate downsizing, and an influx of new deliveries over recent years. Net absorption remains negative as tenants continue to reduce space, and sublease...
by Kaya Cortese | Aug 13, 2025
Phoenix’s industrial market is beginning to stabilize after a sharp rise in vacancies since 2023, now holding at 12.5 percent, the highest level since the Great Recession. Over the past year, net absorption reached 13.2 million square feet, ranking fourth nationally...
by Kaya Cortese | Aug 13, 2025
The Phoenix apartment market continues to face challenges as an ongoing imbalance between supply and demand weighs on performance. Despite strong leasing activity totaling 17,000 units of net absorption in the past year and ranking Phoenix among the nation’s top 10...
