By ADI News Services
This month, the W. P. Carey School of Business at Arizona State University brought together a group of the area’s most successful brokers for a forum and survey about progress on apartments, retail, industrial, offices and more. Some of the survey answers may surprise you.
“We talked with a lot of people feeling the market from their own individual perspectives, and because of that, it was hard to get consensus on many of the issues,” explains the forum organizer, Mark Stapp, Director of the Master of Real Estate Development program at the W. P. Carey School. “Everyone generally agreed we’re recovering in the commercial market, but we’re not there yet. At this point, lots of investor money is chasing only a few good deals in specific areas of the Valley.
