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Phoenix 6th Hottest Multifamily Market

By CommercialSearch/Yardi Matrix  Over the past decade, the price-per-unit for multifamily properties surged 156 percent, reaching nearly $160K. This increase surpassed BEX

February 19, 2021 // 0 Comments

Construction Input Prices Up in January

By Associated Builders and Contractors  Construction input prices increased 2.5 percent in January 2021 compared to the previous month, according to an Associated BEX

February 19, 2021 // 0 Comments

Phoenix CRE Investment Down 20 Percent Y-o-Y

By CBRE Research  The spread of COVID-19 and the resulting government restrictions precipitated a pronounced decline in commercial real estate investment activity in the BEX

February 12, 2021 // 0 Comments

Nonresidential Construction Jobs Down in January

By Associated Builders and Contractors The construction industry lost 3,000 jobs on net in January 2021, according to an Associated Builders and Contractors analysis of data BEX

February 9, 2021 // 0 Comments

Nonres. Construction Spending Down 0.8 Percent

By Associated Builders and Contractors  National nonresidential construction spending declined 0.8 percent in December 2020, according to an Associated Builders and BEX

February 5, 2021 // 0 Comments

Phoenix Medical Office Market Stays Healthy

By Colliers International  The medical office market in Greater Phoenix remains strong as population grows and companies relocate to the area. Demand for healthcare is BEX

February 5, 2021 // 0 Comments

December Leasing and Finance Index Down Y-o-Y

By Equipment Leasing and Finance Association  The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index – the MLFI-25 – which reports BEX

February 2, 2021 // 0 Comments

Arizona Construction Lost 5,100 Jobs in December

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate decreased to 7.5 percent in December 2020, from November 2020, according to the BEX

January 29, 2021 // 0 Comments

Phoenix 3rd Most Favorable Development Market

By CBRE  Phoenix offers one of the most favorable development markets for commercial construction in the U.S. according to CBRE’s U.S. Development Opportunity Index. The BEX

January 22, 2021 // 0 Comments

BEX Predicts Positive Growth for 2021

By Tasha Anderson for AZBEX  Despite the collective gut-punch that COVID-19 brought in 2020, Arizona’s state economy and construction industry has done really well, and BEX

January 19, 2021 // 0 Comments

CBRE Releases PHX Q4 Industrial and Office Data

CBRE has released its reports on the Industrial and Office markets’ Phoenix-area activity in the Fourth Quarter.  Industrial saw a decrease in quarter-over-quarter BEX

January 19, 2021 // 0 Comments

Contractor Optimism, Backlog Both Up

By Associated Builders and Contractors Associated Builders and Contractors has reported its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an BEX

January 15, 2021 // 0 Comments

Pandemic’s Q4 Phoenix Office Impacts

By Colliers International Impact of the COVID-19 pandemic has clearly arrived in Phoenix office market statistics for fourth quarter 2020. The city had its first quarter of BEX

January 15, 2021 // 0 Comments

Phoenix Sees Increases in RLB Cost Report

The recently released “Fourth Quarter 2020 North America Quarterly Construction Cost Report” from Rider Levett Bucknall showed increases in 11 of the 12 U.S. markets. BEX

January 12, 2021 // 0 Comments

Nonresidential Construction Adds Jobs

By Associated Builders and Contractors  The construction industry added 51,000 net new jobs in December, according to an Associated Builders and Contractors analysis of BEX

January 12, 2021 // 0 Comments

Who will be the Top Players in 2021 and Beyond?

By Rebekah Morris for AZBEX  Next week the BEX research team will present detailed market analytics at the fourth annual Construction Forecast Event. The topic will BEX

January 8, 2021 // 0 Comments

Construction Has Highest COVID Positivity Rates

A study administered by testing firm Curative showed construction workers have the highest COVID-19 positivity rates for asymptomatic cases across all occupations. In BEX

December 22, 2020 // 0 Comments

LMS Looks into Owner’s Perspective for 2021

By Tasha Anderson for AZBEX  To prepare for the final Leading Market Series of 2020, BEX President and Founder, Rebekah Morris, asked hundreds of owners, from private BEX

December 11, 2020 // 0 Comments

West-MEC CTE Program Helps Shrink Labor Shortage

America is dealing with an unprecedented shortage of skilled labor. The Department of Labor reports that while there are 7.6 million unfilled jobs, only 6.5 million people BEX

December 1, 2020 // 0 Comments

Nonresidential Const. Employment Expands

The construction industry added 84,000 net new jobs in October, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor BEX

November 10, 2020 // 0 Comments

Nonresidential Const. Spending Dipped in Sept.

National nonresidential construction spending fell 1.6 percent in September, according to an Associated Builders and Contractors analysis of data published by the U.S. BEX

November 6, 2020 // 0 Comments

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