After a slow and steady rise upwards in 2016, the Metro Phoenix retail sector ended the year with market indicators showing a continuation of sustainable market growth from 2014 & 2015.
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“The Metro Phoenix office market ended 2016 in a stable position. After years of ups and downs, including high vacancy rates and spikes in leases and sales, the office market found a new, steady pace. Vacancy continues to decrease while leasing activity remains consistent and rates increase.”
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Click the image below for a quick overview of the Metro Phoenix Retail Market.