Retail report Archives

Retail absorption dips to start 2014, gains likely later in the year

by in AZRE Magazine

Colliers International in Greater Phoenix released its 1Q report for retail in 2014. Read the highlights below. Link to full report at the end of the post. Net absorption in the Greater Phoenix retail market turned negative in the first quarter for the first time in three years. Negative net absorption was approximately 103,000 square… Read More →

Safeway sale creates looming cloud over Phoenix retail real estate market

Shea Scottsdale Safeway

Over the past two years, the Phoenix retail real estate market continues to improve with lowered vacancy rates and strong absorption. The one area that persists as a cause for concern is the number of vacant big boxes in the market. With the recent announcement of the impending sale of Safeway to one or more… Read More →