3 major CRE sectors show continued strength

By Roland Murphy | Arizona Builder’s Exchange

Cushman & Wakefield last week issued their Q4 2017 Metro Phoenix MarketBeat reports for Industrial, Office and Retail, noting high degrees of activity across all three sectors.

Industrial

Industrial posted an overall vacancy rate of 7.9 percent for the quarter. Twelve of the 17 submarkets showed positive absorption for the quarter and the year as a whole. Only Tempe had more than 100KSF of negative absorption for the year.

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