Phoenix Brokerage Firms Accelerate Growth

Mike Baumgardner

Phoenix is one of the top growth markets in the country. Local economic and population growth have attracted new capital to the market. The activity has translated into growth for local brokerage firms, which are expanding to keep up with client needs. Phoenix-based Levrose had a record-breaking year in 2018, and this year, it expects to top last year’s deal volume. As a result, the firm has focused on talent recruitment and creating a collaborative company culture.

“Phoenix has led the nation in growth for the last three years, and we are seeing our clients starting to grow,” Mike Baumgardner, sales director at Levrose, tells GlobeSt.com. “We have sat down to find out what their goals and objectives are, and a lot of it is repeat business. Clients want to take advantage of new concepts in the market, like shared offices. That has been fueling the momentum as we go into this year and next.”