CRE

By CBRE A recent survey of commercial real estate investors ranked Phoenix as a Top-10 target among America’s metros. The Sun Belt market jumped five spots to #4 in CBRE’s 2021 Americas Investor Intentions Survey. …

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 JLL Industrial commercial real estate assets traded to the tune of nearly $96B in the United States in 2020, the second-best year on record, and the outlook for 2021 already looks bright. With increased …

The recently released NAIOP Research Foundation “Economic Impacts of Commercial Real Estate, 2021 U.S. Edition,” study lists Arizona in eighth place, nationwide, contributions to state GDP for both warehouse and manufacturing development. Data for 2020 showed commercial construction and …

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 region. Investment volumes for the Phoenix metropolitan area in 2020 totaled $9.0B, a …

By Sebastian Obando for National Real Estate Investor  Commercial real estate investors are showing increasing interest in biolab facilities as healthcare research and development has accelerated due to the pandemic.  “[There is] an increased demand for laboratory space which, when coupled …

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 …

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 …

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 quarter, cap rates for dollar stores fell a 12-basis point decrease …

Source: Colliers International  As cases of coronavirus and hospitalizations rose in Greater Phoenix following Memorial Day weekend, the area’s second quarter of real estate market activity was also surging. The medical office market posted its strongest quarter …

Source: Colliers International   The Greater Phoenix office market remained relatively healthy during second quarter, despite business interruptions caused by Stay-at-Home orders and impact of coronavirus. The office sector posted its 33rd consecutive quarter of positive net …

Source: ABI Multifamily   ABI Multifamily has published its Q1 2020 Phoenix Multifamily Quarterly Report. And while the start of 2020 was strong, with rent growth, healthy occupancy rates, lower cost of living, and high renter demand all pointing to …

By Rodric Hurdle-Bradford for Bisnow  Gov. Doug Ducey issued a statewide stay-at-home order Monday to stop the spread of the novel coronavirus, while naming essential businesses that can continue operations for now.   CRE and construction are still on that essential services list, …

Source: Colliers International The Greater Phoenix industrial real estate market has a healthy equilibrium in the midst of bringing millions of new square feet to its inventory. Vacancy remains below 10 percent after the city …

Source: Colliers International Goettl Air Conditioning & Plumbing has purchased approximately six acres of land at 8701 E. McDowell Road for approximately $5M. The company plans to build a new corporate facility on the site …

By Peter Madrid for Institute of Real Estate Management Greater Phoenix Chapter The theme of the 13th Annual IREM-CCIM Economic Forecast was “The Real Scoop.” Judging by the comments of economists and industry panelists, the …

By Steve Burks for AZ Big Media Consistency may be boring, but when it comes to the commercial real estate outlook and the Greater Phoenix commercial real estate industry, no change is good for business. …

By Roland Murphy for Arizona Builder’s Exchange Autumn is rolling across North America, and capital is continuing to roll into commercial real estate locally, regionally and globally. However, investors are looking outside their traditional comfort …

By Richard Sarkis for Reonomy Despite a recent resurgence in form – their 93-69 record was good enough for fifth-best in the Majors last year – the Arizona Diamondbacks have struggled to fill seats at …

By Roland Murphy for Arizona Builder’s Exchange Four commercial real estate and development leaders gave their predictions for what lies ahead in 2018 at Valley Partnership’s Friday Morning Breakfast program, Jan. 26. Following a brief …