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...
by Alyxandria Carter | May 1, 2025
The Phoenix retail market remained resilient in Q1 2025, posting 310,263 SF of net absorption despite a modest rise in vacancy to 4.8%. While national closures like 99 Cents Only and Big Lots increased available space, overall availability remains historically low at...
