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Phoenix has a healthy retail market, with activity surpassing national averages. Scottsdale and North Scottsdale is the most active retail submarket within the Phoenix area. New retailers in particular are flocking to the submarket for its stability.

“North Scottsdale and Scottsdale generally represent the most stable and hottest markets for retail, especially for new retail concepts entering our region that prefer an affluent local customer profile, “Matt Milinovich, principal at Avison Young in Phoenix, Arizona, tells GlobeSt.com.

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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