X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The Phoenix market is continuing to grow with increasing investor interest. This week, the Phoenix market saw trades in all asset class and significant office lease expansions. While housing is the most active, the market is still struggling in other asset classes. Industrial and retail were flat or slowed in the third quarter, but office absorption was strong and is up for the year. Still, Southern California continues to lead the Southwest market in terms of activity, with office market activity dominating this week. Anaheim and San Diego had a major office campus trade and Los Angeles closed a major lease deal in Downtown Los Angeles. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

BY THE NUMBERS

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

Dig Deeper

GlobeSt

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.