November 5, 2024 2:09 pm
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Rose Law Group

Report: Phoenix hits late stages of real estate expansion cycle

Downtown Phoenix/Wikicommons

AZBigMedia

The Greater Phoenix commercial real estate market has experienced an upswing of investment activity for the past several years, but the expansion has shown signs of slowing during third quarter. This is according to a report released by Colliers International in Greater Phoenix. The full report can be accessed by clicking Here.

Sales of commercial properties were mixed during third quarter, with activity rising in some segments and declining in others. Declines outweighed increases, so the year-to-date sales velocity is trailing levels from the first three quarters of 2016. 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.