Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Construction is taking off in the Southwest market. A new report from Colliers International shows a boost in office construction throughout the market, driven by lower vacancy rates—now at 15.5%— and strong absorption. The report wasn’t the only sign that construction is doing well. This week, there were several new developments started from affordable and senior housing projects to luxury apartment projects and residential communities. Housing continues to dominate the construction activity in the Southwest as well as in the investment sector. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.


Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author

Dig Deeper


Join 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
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.