Development positive despite issues

Facilitator Nick Wood and panelists Chris Anderson, Mark Singerman and Rick Collins speaking to attendees at the CoreNet Mid-Year Market Update. /Photo Credit- Roland Murpy:AZBEX
Facilitator Nick Wood and panelists Chris Anderson, Mark Singerman and Rick Collins speaking to attendees at the CoreNet Mid-Year Market Update. /Photo Credit- Roland Murpy:AZBEX

By Roland Murphy for Arizona Builder’s Exchange

If recovery from the Great Recession were a baseball game, Arizona would be somewhere in the seventh inning, according to the general consensus of panelists at last week’s Mid-Year Market Update hosted by the CoreNet Global Arizona Chapter.

Among issues still impacting the market are a modest slowdown in new office construction starts, election year uncertainties and growing competition for space between multifamily and office development.

Continued:

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