December 22, 2024 5:53 pm
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Experts: CRE investment market will remain strong

AZBigMedia

Greater Phoenix experienced its largest investment transaction on record during 4th quarter of 2017, continuing robust market conditions. The sale of more than two-million square feet at Marina Heights for $928 million finished the year strong.

According to a 2017 Q4 Greater Phoenix Investment Report by Colliers International, investment performance has been strengthening across all sectors in the Greater Phoenix area.

Sales generally accelerated during fourth quarter 2017 with shopping centers and industrial properties posting the largest increases in activity. Medical office was the only sector that did not gain momentum during the three-month period.

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© 2024 Rose Law Group Reporter

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.