Vacant offices draining $800 million from Arizona’s economy
New data reveals that vacant offices in Phoenix and Tucson have led to more than $800 million in lost rent. MORE NEWS: Metro Phoenix sees 1st office vacancy rates decrease…

New data reveals that vacant offices in Phoenix and Tucson have led to more than $800 million in lost rent. MORE NEWS: Metro Phoenix sees 1st office vacancy rates decrease…
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading commercial real estate developers, today announced that it has purchased approximately 3.68 acres of land for…
Continuing its successful office transformation track record, Phoenix-based developer George Oliver has secured a string of new leases at Bond, its amenity-driven office redevelopment nearing completion in the heart of the Camelback Corridor. …
It was known as the Pointe when it opened nearly 50 years ago, nestled in Piestewa Peak near 16th Street and Northern. Today The Hilton Phoenix Resort at the Peak,…
Arizona Land Consulting, the Valley’s leading, female-owned real estate consulting firm, announced today its purchase of 600 acres in Pinal County. The newly acquired property considered the “Gateway into Casa…
Keyser Commercial Real Estate recently represented MLS Realty LLC in its sale of a 78,682-square-foot industrial property at 7885 North Glen Harbor Boulevard. The property traded for $15,600,000, which equates…
Cushman & Wakefield has arranged the sale of Pima Street Logistics Center, a 97,240-square-foot standalone industrial building on approximately 4.2 acres in Phoenix, Arizona. Set in the highly sought-after Sky…
On behalf of Dallas-based Mohr Capital, JLL announced today the completion of West Summit at Surprise, a 707,380-square-foot, Class A industrial development in Surprise, Arizona. The project sits on almost…
Uncertainty throughout the Phoenix office market is expected to continue through the end of 2024, according to a report from Kidder-Mathews. MORE NEWS: Here’s how work from home in Metro…
A wave of new Metro Phoenix industrial construction continues to drive vacancy rates, according to a report from Kidder Mathews. MORE NEWS: Phoenix defies trends to lead U.S. in industrial…
Despite record supply and economic uncertainty, the distribution and warehousing sector remains resilient. While the pandemic-driven e-commerce boom is well in the rear-view, distribution still dominated the largest industrial projects…
While many markets have seen their pipelines shrink considerably in 2024, Phoenix is an exception. There are 36.8 million square feet of industrial development underway in Phoenix, with 10.6 million…