Many leases in Phoenix remain bogged down amid pandemic

By Corina Vanek | Phoenix Business Journal

The Phoenix metro’s commercial real estate market is slogging away amid the Covid-19 pandemic, with some deals continuing to move forward but many major deals remaining stalled.

Andrew Cheney, principal for Lee & Associates in Phoenix, who specializes in office leasing, compared the current state of the market to a sandstorm. It is survivable, but it’s not fun getting through it.

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