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Phoenix continues to attract investor attention. According to a survey from CBRE, Phoenix ranks in the top-10 target investment markets for 2019, coming in at number 9 on the list. The city jumped two spots from a previous survey by CBRE. The survey analyzes all asset classes, and showed investor interest in all four of the major food groups: retail, multifamily, industrial and office. It is no surprise that Phoenix’s growing economy is fueling the investor attention.

“Simply put, it’s all about the economic fundamentals. Strong employment and population growth, economic diversity and relatively tempered development of new product across all property types have contributed to significant investor interest in Phoenix,” Paul Komadina, senior managing director and Arizona market leader for CBRE, tells GlobeSt.com. “Over the last decade, the Phoenix market has transformed, shifting its perception away from ‘boom and bust’ to a market with sustainable growth. Phoenix is a dynamic and fast growing market and our supply and demand story is much healthier than ever before. This story positions Phoenix well to capture investors looking to secondary markets with strong fundamentals and higher yields.”

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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.

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