Phoenix a Top 10 market for new office supply

By Roland Murphy for Arizona Builder’s Exchange

It’s no surprise to office renters or investors that the Phoenix-area market is hot. A recent report from CommercialCafé, relying on data from Yardi Matrix and Property Shark, however, shows just how much heat the market has generated over the past decade.

The study looked at space in buildings larger than 50KSF in which most of the area was dedicated to office use.

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