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CBRE: Phoenix retail reports robust demand amid rise in new supply

Phoenix, Arizona – CBRE Research has released its Q4 2016 Phoenix Retail MarketView and Big Box reports, and overall the Valley’s retail market performed well to close out the year. Top-level highlights included: Overall market fundamentals & general leasing activity: Q4 was highlighted by roughly 600,000 sq. ft. of positive net absorption, which was the …

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DSW Designer Shoe Warehouse Signs 20,000-Square-Foot Lease at Tempe Marketplace

CBRE has negotiated a 20,000-square-foot lease at Tempe Marketplace in Tempe, Arizona on behalf of DSW Designer Shoe Warehouse. Todd Folger with CBRE’s Phoenix office negotiated on behalf of DSW. David Malin, director of acquisitions and development for Vestar, Inc. represented Tempe Marketplace. “This transaction continues to show the overall improvement in the Phoenix economy …

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