Phoenix ranked 8th nationally for office investment activity since 2020, with 477 transactions. The market peaked in 2021, when 141 office sales closed, according to CommercialSearch’s newest report. Key Takeaways Since 2020, the U.S. office market has been…
The post-COVID-19 labor market has seen major changes, including a rise in job switches (job-to-job flows). This shift, driven in part by inflation and limited wage growth, reflects growing worker…
In 2025, industrial development is expected to continue decelerating, in response to the rapid expansion seen early in the decade. But the good news for Valley residents is that the…
CommercialSearch just released the latest mid-year industrial development report. With 39.1 million square feet currently underway, Phoenix topped the list as the market with the most industrial space currently being built. The…
Phoenix ranked 13th among the best U.S. cities for the gig economy and landed 3rd-best among the Western U.S. locations, according to the newest study published by CommercialSearch ranking the best U.S. metros…
With a total of over 52 million square feet of industrial space under development, Phoenix ranks 2nd among the largest U.S. markets by industrial real estate currently under construction, according to CommercialSearch’s latest…
Based on provisional estimates, up to 592.5 million square feet of industrial space is currently under construction nationally. With industrial development gearing up and demand high, 2022 is shaping up…
Using information provided by CRE data and listing platform CommercialEdge, we analyzed how industrial real estate has transformed in the last 10 years — between 2012 and 2021 — a period…
Last year was tough for everyone and most industries. However, industrial real estate construction was more insulated. Shelter-in-place mandates, working from home and online schooling meant that Americans weren’t going…
New research shows that Phoenix is the sixth hottest U.S. market for multifamily sales over the last decade. Over the past decade, the price-per-unit (PPU) for multifamily properties surged 156%,…
