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Colliers: Greater Phoenix Retail Market Finishes Year with Moderate Improvement

2017 Expected to Bring Economic Growth to Balance Struggling Retail Sector Phoenix, Arizona –   Colliers International is reporting the Greater Phoenix retail market experienced positive net absorption in fourth quarter of 2016, pushing vacancy rates lower in a trend that prevailed through most of 2016. Net absorption totaled approximately 545,000 square feet in the fourth […]

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Phoenix Commercial Lease Report Nov. 28 – Dec. 2, 2016

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Commercial Lease Report from November 28 thru December 2, 2016. INDUSTRIAL – 2910 S. HARDY, TEMPE Broadway Industrial Park leased a ±25,619-square-foot industrial property located at 2910 S Hardy, Suite 104 in Tempe to Tier Power Systems, Inc. on October 24,

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Colliers International Negotiates Sale of Tucson Area $47.5 Million Apartment Portfolio

Tucson showing strong signs of market recovery Phoenix, AZ — Colliers International in Greater Phoenix has negotiated the sale of a portfolio containing five apartment communities in Tucson.  The properties were the first Arizona acquisition for a Colorado-based investment group and commanded a sale price of $47.5 million ($47,311 per unit) in a bulk portfolio

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