Phoenix

Features

Self-Touring Technology ‘Has Become a Necessity’

Kelsi Maree Borland |

The self-touring trend erupted last year, but with social distancing measures, it is crucial to apartment leasing.

Hines Plans New Apartment Development in Phoenix

Kelsi Maree Borland |

Along with its joint venture partner, Hines acquires 11 acres to develop a 325-unit luxury for-rent residential property in north Phoenix.

Features

Will Virtual Transactions Become the Future of Deal Making?

Kelsi Maree Borland |

Many brokers have shifted to virtual showings and meetings to sell properties during the pandemic, but the trend could outlive social distancing.

Phoenix Retail Most Impacted by the Coronavirus Pandemic

Kelsi Maree Borland |

Rising interest rates and restricted capital is also a major impact on the Phoenix market.

Why the Pandemic Won’t Derail Growth in Phoenix

Kelsi Maree Borland |

Job growth has been a major driver of expansion in Phoenix, but the job diversity gained in recent years will help keep the market on track.

How One Condo Developer Is Getting Deals Done Digitally

Kelsi Maree Borland |

Optima Kierland has transitioned to all-digital showings in response to the pandemic, and has completed two sales.

Features

Why Some Investors Are Seeing Opportunity Today

Kelsi Maree Borland |

Long-term residential housing investors are seeing opportunity with the possibility of pricing adjustments.

Phoenix Cap Rates Tightened Last Year in Phoenix

Kelsi Maree Borland |

Apartments, industrial, retail and hotels all saw cap rate compression in the second half of last year.

Phoenix Medical Office Vacancy Rate Expected to Increase This Year

Kelsi Maree Borland |

Jobs have driven strong medical office activity in Phoenix, but new supply will likely drive vacancy up this year.

Features

Phoenix Among Top Tech Markets

Kelsi Maree Borland |

The city is ranked fourth in the nation for the top tech office leases with a total of 1.3 million square feet in transactions.