Commercial Real EstatePhoenix, AZ Market Trends Lease rates for office properties have risen 0.4% versus last quarter to $17.10 per square foot. For the year, asking lease rates have still declined 0.1%. Lease rates for office properties hit a three-year peak in March 2008 at $22.08 per square … [Read more...] about Office Property Asking Rent – Lease Trends
Retail Property Asking Rent – Lease Trends
Commercial Real EstatePhoenix, AZ Market Trends The average asking lease rate for retail properties in the metro area was $14.16 per square foot for the month. This is down 5% from the previous year, and down 0.7% from the end of the second quarter of 2012. Asking lease rates for retail … [Read more...] about Retail Property Asking Rent – Lease Trends
Office Property Sale Prices – Sale Trends
Commercial Real EstatePhoenix, AZ Market Trends The median sale price per square foot for office properties in the metro area has risen 4.9%. There was a 11.8% decline earlier this year during a five-month period ending in July. For office properties, the average sale price per square foot has … [Read more...] about Office Property Sale Prices – Sale Trends
Retail Property Sale Prices – Sale Trends
Commercial Real EstatePhoenix, AZ Market Trends Currently, the median sale price per square foot for retail properties in the metro area is in seven-month decline, falling 4.1% in that time. Previously, sale prices rose 22.4% over a eight-month period ending in March. Sale prices per square foot … [Read more...] about Retail Property Sale Prices – Sale Trends
Commercial Real Estate & Business News – December 13, 2012
Here are the news articles you might find interesting today for commercial real estate and business: Business Spotlight - Orion Investment Real Estate (Tempe Chamber Article) What makes you special? We are a smaller company with a proven track record of helping our clients achieve their goals. … [Read more...] about Commercial Real Estate & Business News – December 13, 2012