Absorption

By CBRE Driven by demand from cloud service providers and large tech companies, Phoenix saw the sixth-most data center leasing in North America in 2020, according to CBRE’s latest North American Data Center Trends Report. …

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 growing, which is projected to drive demand for medical office space throughout …

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 vacancies from 6.1 percent to 6.0 percent. During Q4 there were 5.09MSF of net absorption and 8.04MSF of gross …

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 negative net absorption in more than eight years. …

Source: Colliers International  The Greater Phoenix retail market posted positive net absorption in third quarter, despite the continued impact of the COVID-19 pandemic. Vacancy rose slightly during the quarter to 7.7 percent as the city was recognized for comparatively …

Source: Colliers International  The Greater Phoenix industrial market has surged during the COVID-19 pandemic, driven largely by the country’s increased use of e-commerce and elevated grocery shopping while restaurants were closed. Completion of new industrial projects in 2020 has been …

By Rayna Katz for GlobeSt.com  Given corporate America’s reluctance to return to offices rather than work from home, current conditions in office properties—and the likely near-term future—are looking bleak. Looming excess supply on the horizon …

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 Data Center Outlook finds data centers’ resiliency and reliability established the sector as one of …

Source: Colliers International  The Greater Phoenix industrial real estate market remains healthy, despite business conditions during the pandemic. America’s growth in online purchasing is driving expanded demand for warehouse/distribution space.  Net absorption of industrial space peaked …

Source: Colliers International The Greater Phoenix office market experienced its best year since 2008, posting strong net absorption and adding more than 3.4MSF of new space to the inventory. The metropolitan area has been recognized …

Source: Colliers International in Arizona The Greater Phoenix office market remained strong through third quarter 2019 and remains in the Top Five metro areas for job creation in the United States. Since July, more than …

By Florentina Sarac for RentCafé Following an almost decade-long period of vigorous expansion, the growth of the U.S. renter population has reached a plateau in 2016. Construction had continued to break records – until this year, …

By Roland Murphy for Arizona Builder’s Exchange The “Decade of the Renter,” as the current state of housing has been called by ABI Multifamily Research Director Thomas Brophy, continues unabated. In the company’s Q1 2018 …

By Roland Murphy for Arizona Builder’s Exchange A recently released report form Colliers International – “Top 10 Emerging U.S. Industrial Markets to Watch in 2018” – named the Phoenix area as a national leader. “The …