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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

Arizona Cities See Higher Rents

While Apartment List’s National Rent Index is down 1.4 percent over the last year, rents in Tucson have increased 4.7 percent since the start of the COVID-19 crisis. BEX

November 3, 2020 // 0 Comments

Investors Flocking to Biolab Sector

By Sebastian Obando for National Real Estate Investor  Commercial real estate investors are showing increasing interest in biolab facilities as healthcare research and BEX

October 27, 2020 // 0 Comments

PHX Industrial Market Surges During Pandemic

Source: Colliers International  The Greater Phoenix industrial market has surged during the COVID-19 pandemic, driven largely by the country’s increased use of BEX

October 20, 2020 // 0 Comments

AZ Const. Reports No Job Gains/Losses in Sept.

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate increased to 6.7 percent in September 2020, from August 2020, according to the BEX

October 16, 2020 // 0 Comments

Phoenix Office Market Outlook

Source: JLL  Despite a sluggish first half of 2020, the Phoenix office market showed signs of growth during the third quarter, posting just over 300KSF of positive BEX

October 16, 2020 // 0 Comments

RLB: Phoenix Crane Count is Up

Source: Rider Levett Bucknall  International property and construction consultancy firm Rider Levett Bucknall has released its latest RLB Crane Index and BEX

October 6, 2020 // 0 Comments

September LMS Delves into APDM Contracts

By Rebekah Morris for AZBEX  On Wednesday, September 30th, 2020, more than 100 people logged on to the most recent Leading Market Series (LMS) event presented by BEX, BEX

October 2, 2020 // 0 Comments

Office Sublease Space Up 21.8 Percent

By Les Shaver for GlobeSt.com  As COVID-19 forced lockdowns across the country, the amount of vacant sublease increased in the first half of 2020, according to new figures BEX

October 2, 2020 // 0 Comments

Phoenix #2 in Data Center Growth

Source: JLL  COVID-19’s impact on public safety and stay-home orders drove significant demand for immediate digital connectivity around the world. JLL’s 2020 Mid-Year BEX

September 22, 2020 // 0 Comments

Ariz. Construction Gained 1,300 Jobs in August

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate decreased to 5.9 percent in August 2020, from July 2020, according to the BEX

September 18, 2020 // 0 Comments

Dollar Stores Show E-commerce Resilience

By Les Shaver for GlobeSt.com  While many CRE sectors and product types have floundered after COVID-19 hit, one industry has continued to flourish.  In the second BEX

September 15, 2020 // 0 Comments

Tucson Multifamily Remains Hot

By Gabriela Rico for Arizona Daily Star Investor interest in Tucson’s upper-end apartment complexes has been high for several years and, while there was some breath-holding BEX

September 11, 2020 // 0 Comments

Construction Employment Continues to Recover

Source: Associated Builders and Contractors  Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and BEX

September 8, 2020 // 0 Comments

Ariz. Construction Lost 1,200 Jobs in July

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate increased to 10.6 percent in July 2020, from June 2020, according to the BEX

August 21, 2020 // 0 Comments

Medical Office Market in PHX Thrives

Source: Colliers International  As cases of coronavirus and hospitalizations rose in Greater Phoenix following Memorial Day weekend, the area’s second quarter of real BEX

August 7, 2020 // 0 Comments

Construction Output Drops Significantly

Source: Associated Builders and Contractors  The U.S. economy contracted at an annualized rate of 32.9 percent during the second quarter of 2020, according to BEX

August 4, 2020 // 0 Comments

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