Economic uncertainty combined with online shopping is having an impact on the metropolitan Phoenix retail market study prepared by CBRE Global Research and Consulting. As evidenced by the amount of available retail space, due in large part, to the change in saving and spending habits and the growing presence of internet sales according to the […]
Phoenix Retail Vacancy & Lease Rates Slip, Construction Up – Q3 Read More »
Construction spending in the US and Arizona unexpectedly fell in March, reflecting the biggest slump for government projects in 11 years according to AZBEX, Arizona’s Builder’s Exchange. Spending on commercial structures was little changed however, dropping 0.3%. The following are open invitations to bid for trades in new construction for the area: TIs RETAIL SPACE-
TUCSON CONSTRUCTION–WEEK APRIL 29 – MAY 3 Read More »
Picor Commercial Real Estate an affiliate of Cushman & Wakefield released its ‘Marketbeat Retail Snapshot’ for Q1 2013 last week. The report indicates little change in retail vacancies, with little more than a percentage point in movement since Q3 2009, “for years, Tucson’s retail vacancy has inched up and down”. To see Picor’s full Retail