Knight-Swift snags former FedEx facility in Phoenix for $30M
An Arizona commercial trucking company acquired a former FedEx facility in Phoenix for $30 million on Feb. 18. AAA Cooper Transportation – an affiliate of Phoenix-based Knight-Swift Transportation Holdings – bought the property, at 7160 West Sherman St., from EQT Real Estate. EQT had bought the facility from FedEx in 2021 for $24.1 million…»
Phoenix apartment market kicks off 2026 with positive rent growth
Valley apartment rents started the new year on solid footing, following sluggish performance through most of 2025. The average asking rent at Phoenix multifamily properties climbed 0.2% in January 2026, building on December’s 0.1% gain. This marks the first period of positive, consecutive monthly rent growth since the same time a year ago...»
Office construction starts to pick up as prices begin to rebound
According to Yardi Matrix research, the average sale price of an office building marked the first increase since 2021 last year — up 6.1% from $172 a year ago to $182 per square foot in 2025. Although most markets are still far below their 2019 values, many have begun to recover after significant increases in average prices last year…»
Metro Phoenix rental market now renter-friendly as vacancy rate climbs to 8.4%
The U.S. rental market has officially tipped in favor of tenants. According to the Realtor.com® January Rental Report, the average rental vacancy rate across the nation’s 50 largest metros climbed to 7.6% in 2025, a notable improvement from 7.2% in 2024. The Metro Phoenix rental market says its vacancy rate climb to 8.4% in 2025, a jump from 7.9% in 2024…»
Multifamily Lending Enters ‘New Phase of Stress’
After years of stability, the multifamily lending market is showing unmistakable signs of strain. By the third quarter of 2025, delinquency rates had climbed to levels not seen since the global financial crisis, signaling, as CRED iQ described, a “new phase of stress” sweeping through the sector…»