Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Roland Murphy Roland Murphy

Mesa, a submarket of Phoenix, has become the newest hotspot for Phoenix multifamily investment. According to the second quarter report from ABI Multifamily, Mesa saw the biggest increase in multifamily investment activity in the greater Phoenix area. It isn’t surprising that investors have turned to Mesa. The city’s geography makes it a good candidate growth and there is strong rent and population growth. This combination of rising demand and rents will could trigger new apartment development in a market that has seen little new construction in the past.

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


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 © 2019 ALM Media Properties, LLC. All Rights Reserved.