by Alyxandria Carter | Aug 13, 2025
Phoenix’s retail market remained one of the strongest in the nation in Q2 2025, with vacancy holding at a record-low 4.5% and annual net absorption reaching 2.8 million SF. Demand from grocery, fitness, dining, and healthcare tenants continued to outpace new supply,...
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...
by Alyxandria Carter | May 12, 2025
Discover the latest happenings in the SVN Southwest Region Perspective! Stay informed about current trends and enticing commercial real estate opportunities in this flourishing region. Our seasoned team of professionals is dedicated to delivering valuable insights,...
by Alyxandria Carter | May 1, 2025
The Phoenix multifamily market continued to face headwinds in Q1 2025, with vacancy climbing to 11.9% amid ongoing supply pressure. Despite healthy leasing activity and 18,000 units of net absorption—well above the pre-COVID average—construction remains elevated, with...
by Alyxandria Carter | May 1, 2025
The Phoenix office market posted its second straight quarter of positive absorption in Q1 2025, totaling 677,003 SF. Still, vacancy rose to 16.7%, the highest in 15 years, as pre-pandemic leases continue to roll off. Leasing demand remains focused on smaller,...
by Alyxandria Carter | May 1, 2025
The Phoenix industrial market faced rising vacancy in Q1 2025, reaching 12.4% as 31.1 million SF of new supply outpaced demand. While net absorption remained strong at 14.4 million SF, rent growth slowed to 2.6% year-over-year. Large-bay logistics properties are...