by Alyxandria Carter | May 1, 2024
The Phoenix office market is facing significant challenges, with vacancy rates steadily increasing since Q4 2019, a trend accelerated by the expiration of pre-pandemic leases and shifting tenant demand dynamics. This increase in vacancies is expected to continue as...
by Alyxandria Carter | May 1, 2024
Phoenix’s industrial sector has seen a surge in development, with a record 39.5 million square feet of new space delivered over the past year, pushing the vacancy rate from 4.2% in mid-2022 to 10.0% by Q2 2024. Despite this, demand remains strong, particularly...
by Alyxandria Carter | Apr 26, 2024
SVN® International Corp. Economic Update – Keeping our clients up-to-date about the latest real estate landscape trends. In the first quarter of 2024, the US economy experienced a modest 1.6% annualized expansion, falling short of the 2.5% forecasted pace,...
by Alyxandria Carter | Apr 24, 2024
SVN® International Corp. presents Future of Warehouse, a report prepared by Director of Research, Cameron Williams. The industrial real estate sector is undergoing significant transformations, fueled by the exponential growth of online retail and the rise of...
by Alyxandria Carter | Apr 12, 2024
SVN® International Corp. Economic Update – Keeping our clients up-to-date about the latest real estate landscape trends. Fannie Mae’s recent survey indicates that while home buyers are adapting to higher mortgage rates, sentiments toward the housing market...
