bryon carney Archives

NAIOP Arizona names chairman, board for 2016

by in AZRE Magazine

NAIOP Arizona named Bob Hubbard of LBA Realty as its Chairman for 2016. The commercial real estate industry group also named its new officers, five new board members and re-nominated an existing board member. Hubbard, Vice President at LBA, will be joined by officers Larry Probuba, Vice Chairman, The Opus Group; Matt Mooney, Programs Chair,… Read More →

Demand for Class A office space improves vacancy


Cushman & Wakefield announced that the Metro Phoenix office vacancy dropped to 18.9% in the third quarter, largely due to demand for prestigious, Class A space. The metropolitan area has added nearly 45,000 jobs in the past 12 months with almost one-third of those being office sector jobs. Demand for office space led to the overall vacancy… Read More →

Arizona’s Commercial Real Estate Market On Path To Slow-Going Recovery

Commercial Real Estate Market - AZRE Magazine March/April 2011
by in Economic Development

Arizona’s commercial real estate market is on the path to recovery, but the climb is steep and slow-going, local brokers predict. The Phoenix market experienced slight positive absorption of space in its too-many, too-empty properties last year, and the plodding progress will continue through 2011, says Craig Henig, senior managing director at CB Richard Ellis.… Read More →