Phoenix industrial vacancy rate falls to 9.7%
Limited new developments and healthy tenant activity drove industrial vacancy in Greater Phoenix down 10 basis points during fourth quarter to 9.7 percent at the end of 2025, according to a report released by Colliers. Fourth quarter 2025 marked the third consecutive period of decline in vacancy following seven straight quarters or rising vacancy that ended in early 2025. Year-end 9.7 percent vacancy reflected a 90-basis-point decline year-over-year. While total inventory continues…»
Core Multifamily Buyers Turn More Bullish, But Don’t Loosen Their Models
Core multifamily investors ended 2025 feeling better about buying than at any point in the past year—but they are not rewriting their models just yet, according to a new CBRE survey that underscores a cautious, metrics-driven thaw in sentiment rather than a full-fledged turn in the market cycle. In CBRE’s Q4 2025 Multifamily Underwriting Survey, 76% of respondents reported positive sentiment toward core acquisitions, up from 64% in Q3 and just 44% a year earlier. That shift..»
Economists review nation’s fiscal health and the challenges facing AI expansion
The National Association for Business Economics’ Economic Policy Conference in Washington, D.C., last week brought together economists, policymakers and executives to discuss a range of topics, including the impact of artificial intelligence and the challenge of an aging population on the nation’s fiscal future. Here are a few takeaways from those discussions. Demographic headwinds and higher interest rates will make deficit reduction more…»
Data Center Changes Result in Plan Change to Mixed-Use
When the City of Phoenix narrowed its conditions for acceptable data center development sites in 2025, it put Vintage Partners in a complicated situation. AZBEX has extensively covered the move to restrict data center conditions in Phoenix and other jurisdictions around the state. Most of that reporting is available here. Vintage owns a 63-acre property at the SWC of Loop 202 and Lower Buckeye Road. The site, which the company purchased from the Arizona Department…»
Here are the new restaurants coming to Verrado Marketplace
Vestar, one of the largest privately held shopping center owners and operators in the western United States, has announced a new wave of restaurants coming to Verrado Marketplace, opening in 2026. Among the newest additions are: OHSO Brewery – A locally owned brewery, distillery, and eatery with multiple valley locations; Paris Baguette – A neighborhood bakery offering coffee and teas, delicious cakes, pastries, and more; BJ’s Restaurant – Known for its craft beers, deep-dish..»