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Improved Market Fundamentals Have Phoenix Industrial Developers Taking Action

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PHOENIX, AZ – Strong employment growth, a recovering housing market and improved market fundamentals have the Phoenix Industrial Market well-positioned for sustained growth in the coming year. Healthy leasing activity is expected to continue, creating positive absorption this year. Vacancies levels will remain steady as much of the large vacancy remains in larger properties, which […]

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Cushman & Wakefield | Picor: Tucson Office & Industrial Q3 Market Snapshot

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Cushman & Wakefield | Picor in its Q3 2014 Office and Industrial reports say an improving national economy and an employment picture looking better has office leases being led by higher education and medical space. A slight negative absorption of 42,770-square-feet market-wide brought Q3 vacancy to 12.6% in the Tucson metro area. Class A space saw the

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Industrial Eastpoint Business Center in Chandler Sells for $6.5 Million

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Phoenix, Ariz. –Eastpoint Business Center located at 3191 N. Washington Street in Chandler, AZ has sold. The 77,303-square-foot, multi-tenant industrial building commanded a sale price of $6.5 million ($84 PSF). Evan Koplan and Mike Parker with CBRE’s Phoenix office, along with Bob Buckley, Tracy Cartledge, and Steve Lindley with Cassidy Turley’s Phoenix office, represented the

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