By Wayne Schutsky | East Valley Tribune
Big-box stores – the oft-referenced poster child for the struggling retail market – are experiencing an uptick in the East Valley as grocers and non-traditional users aggressively expand in the market.
Half of the 14 big-box completions in metro Phoenix in the last 12 months are in the East Valley, including two of the largest facilities on the list, according to CBRE’s Phoenix Retail Big Box Report for Q2 2017.
“It just goes to show us that retail isn’t dying; it is adapting,” said Jami Savage, CBRE first vice president.
