metropolitan phoenix Archives

Vacancy rate falls to single digits for 1st time since 2008

by in AZRE Magazine | Featured | Retail

Retail vacancy rates for Metropolitan Phoenix have fallen into the single-digit range for the first time since 2008, according to a recent retail study by CBRE’s Phoenix office. While the retail market continues to improve at a more gradual pace than previously anticipated, retail real estate experts point to the 9.6 percent vacancy rate as… Read More →

CBRE closes more than $6.4M in transactions

The Brittany
by in AZRE Magazine | Multi-Family | Real Estate

CBRE has negotiated the following multi-family sales transaction(s): Asset Preservation, Inc. from Los Angeles, California has purchased Desert Green Apartments, a 16-unit multi-family property located at 16243-16401 North 31st Street in Phoenix, Ariz., from Dramms, LLC of Poway, California. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both the buyer and the seller… Read More →

East Valley Energy: Leaders In Business, Government And Education Are Working To Keep The Region Growing

People in lab coats working in a wet lab office environment

The East Valley has experienced unprecedented growth since 1980. With nearly 1.7 million residents and more than 54,000 businesses, community and business leaders alike are looking to the future to prepare for greater global competition. They also are working to sustain a strong and vital economy that will protect and preserve the quality of life… Read More →