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Q1 2021 Industrial Market Report

Click the image below for a Q1 2021 overview of the Metro Phoenix Industrial Market.

NAI Horizon’s Top 10 producers have a single-minded goal

NAI Horizon’s 2016 Top 10 Producers (left to right) are Gabe Ortega, Rick Foss, Horth Hong, Isy Sonabend, Denise Nunez, Lane Neville, Shelby Tworek, Barbara Lloyd, Chris Gerow, and Russ Warner. (Photo courtesy of NAI Horizon)

NAI Horizon’s 2016 Top 10 Producers (left to right) are Gabe Ortega, Rick Foss, Horth Hong, Isy Sonabend, Denise Nunez, Lane Neville, Shelby Tworek, Barbara Lloyd, Chris Gerow, and Russ Warner. (Photo courtesy of NAI Horizon)

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The diversity of property types represented by NAI Horizon’s Top Producers makes two points very clear:

First, the Valley’s commercial real estate industry is growing once again.

Second, the collective success of its professionals was driven by strong engagement, vast experience, and forward-thinking mindsets.

NAI Horizon’s Top 10 Producers closed transactions totaling more then $275 million in office, retail, industrial, and investment sales.

“NAI Horizon’s broad range of specialties combined with our broker ownership program were instrumental in the company’s overall success last year,” said CEO and President Terry Martin-Denning. “This diversity allowed our agents to secure the best possible outcomes for their clients.

“The broker ownership program offers agents an opportunity to play a direct role in the company’s future,” Terry adds. “This creates a culture in which our agents can maximize their own business while still benefiting from the resources of a national platform. An overwhelming majority of our top producers have ownership in the firm and are members of the Executive Committee.”

Commercial real estate is an ever-changing industry. NAI Horizon has not only embraced change, it has built a platform that helps its brokers thrive. This platform will be a driving force as it adds new brokers in 2017.

NAI Horizon’s 2016 Top Producers:

1: Russ Warner – Investment Sales (Manufactured Housing and RV Parks)

2: Rick Foss – Industrial

3: Isy Sonabend – Industrial

4: Chris Gerow – Retail

5: Shelby Tworek – Retail

6: Barbara Lloyd – Investment Sales

7: Gabe Ortega – Retail

8: Lane Neville – Investment Sales

9: Horth Hong – Retail

10: Denise Nunez – Investment Sales (Self Storage)

 

 

 

Phoenix 3Q14 Industrial Snapshot

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The Phoenix industrial sector remained steady this quarter with vacancy continuing to decline and net absorption remaining positive. The overall Phoenix vacancy rate fell slightly this quarter to 12.1%, down from 12.5 % posted at the mid-year point. This brings vacancy rates down almost a full percentage point compared to the same quarter in 2013 when the rate was 13.2%. The Southwest Valley posted the highest vacancy rate at 14.7%, while the Northwest Valley posted the lowest at 9.0%.

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