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Fourth quarter reports continue to roll in, and they paint a healthy picture for the Southwest market. In Los Angeles, office investment sales price per square foot increase, although transaction volume fell dramatically. It was the only California market to see an increasing in pricing. In Phoenix, the multifamily market continued to improve. While numbers haven’t returned to pre-recession highs, the market is experiencing a boost in construction activity and strong demand. Phoenix and Las Vegas were also listed among the top emerging industrial markets in the nation. Sales activity was also healthy. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.


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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