Commercial Real Estate & Business News – March 3, 2025

Supply chain problems and high interest rates are contributing to a shaky first half for the multifamily sector, according to the National Association of Home Builders (NAHB). Other challenges include the cost and availability of labor and developed lots, as well as higher material…»

The Greater Phoenix office market posted its highest net absorption in two and a half years, as well as a decrease in vacancy, according to a report released by Colliers. The Southwest city’s decreased construction activity added the lowest level of new office inventory in more than 10 years…»

Now two months into 2025, Phoenix’s housing experts have developed a feel for how the market is shaking out. But one thing is clear: every sector of the residential real estate market is built differently. After numerous conversations in recent weeks, we’ve broken down all the trends to see…»

Kansas-based QTS Data Centers has partnered with Arizona community colleges to address ongoing workforce challenges in the industry. As it expands it footprint in Phoenix, the tech giant is collaborating with other data center operators and Maricopa Community Colleges to train a new…»

Confidence among real estate brokerage leaders is at a record high. More than 100 brokerage executives polled during Delta Media Group’s third-annual real estate leadership survey expressed optimism about their economic, housing and business outlooks for 2025. This…»