April 20, 2024 5:27 am
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5 biggest real estate deals in April

By AZRE | AZ Big Media

The Metro Phoenix commercial real estate sector continues to stay red hot, as evidenced by the biggest commercial real estate deals in April, according to the commercial real estate tracking website Vizzda.

In terms of the overall Metro Phoenix market, here’s what experts are seeing, according to a report from CBRE:

• The Phoenix industrial market’s momentum continued into the first quarter with 5,622,877 square feet of positive net absorption, its 44th consecutive quarter of gains.

• Phoenix industrial vacancy was 5.6%% in Q1 2021, a decrease of 40 bps quarter-over-quarter.

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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.