X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The Phoenix market continues to see good news. Additional multifamily and industrial reports show a strong market with the potential for increased growth. Multifamily sales closed strong in the fourth quarter, and Maricopa County became the top spot in the country for population growth, with many residents from California migrating to the area. As a result, many California investors are also planting dollars there as well. The industrial market has also seen an increase in activity. The vacancy rate has now hit 7.8% and there is more than 6 million in new construction underway. To find out more about the Phoenix market and major transactions, as well as other deals in the Southwest region that you may have missed this week in Southern California, Utah, Arizona and Nevada, read on.

Kelsi Maree Borland

Dig Deeper

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.