by Alyxandria Carter | Feb 5, 2024
The Phoenix retail market is thriving ending 2023 and into early 2024, boasting multi-decade bests in vacancy rates, space availability, and rent growth. Tenant demand for retail space remains robust, driven by net migration, population growth, and rising incomes,...
by Alyxandria Carter | Feb 5, 2024
Into the last quarter of 2023, the impact of pandemic-induced shifts in demand continues to cast uncertainty over the market. Despite being more than four years removed from the onset of COVID-19, tenants continue to reevaluate the efficiency and size of their office...
by Alyxandria Carter | Feb 5, 2024
In the fourth quarter of 2023, the Phoenix Industrial market grapples with a significant supply surge, as over 23 million square feet were delivered in the latter half of the year. This influx, surpassing the combined completion total of 2017 to 2019, has caused...
by Alyxandria Carter | Nov 24, 2023
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 | Nov 6, 2023
Phoenix saw the addition of another -626,861 SF of net vacant office space to the market in 23Q3 as tepid demand and broad-based economic uncertainty continued to pressure the sector. Total empty space has climbed nearly 50% since the end of 2019, driving the...
