by Alyxandria Carter | Aug 1, 2024
In Q2 2024, Phoenix’s retail market remains strong, driven by demographic growth, rising incomes, and job gains. Tenant demand is robust, with significant activity from quick-service restaurants, beverage shops, discount retailers, and experiential tenants. The...
by Alyxandria Carter | May 1, 2024
As we approach the second half of 2024, Phoenix’s retail market is experiencing historically tight conditions, driven by strong demographic trends, sustained income growth, and significant job gains. These factors, along with a modest construction pipeline and...
by Alyxandria Carter | Apr 2, 2024
SVN® International Corp. presents the 2024 State of the Market Report, giving insight into the retail sector. Though once considered a laggard in commercial real estate, the retail sector has rebounded and is now showing resilience in the market. Despite facing...
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 | Nov 6, 2023
Following another quarter of steady improvement, the Phoenix retail sector boasts some of the tightest market conditions in recent memory heading into late 2023. The combination of robust population gains, healthy consumption growth, a lack of store closures, and...
