Phoenix retail market Archives

Report: Phoenix’s retail sector slows in second quarter

by in AZRE Magazine | Retail

Absorption of retail real estate in Greater Phoenix slowed during the second quarter, but investors were busy purchasing retail properties. The mid-year retail research report released by Colliers International in Greater Phoenix forecasts improvement in the retail sector for the second half of 2017. Vacancy remained flat at 9.3 percent in the second quarter and net absorption… Read More →

Velocity Retail Group Reports First Retail Absorption Since Recession

Velocity Retail Group

Phoenix Metropolitan retail recorded positive net absorption for the third straight quarter as recorded in statistics just released by Velocity Retail Group through June 30, 2012.  This is the first positive absorption recorded since before the “Great Recession” in November of 2008. After 12 consecutive quarters of negative absorption, the last three quarters of positive… Read More →