Today’s News 7-29-2025
Phoenix office market sales close below the national average Most of the Western U.S. office markets surveyed for this report continued to see office vacancy rates above the national average of 19.4% throughout June. The highest market vacancy rate in the region last month was in northern California: office space in San Francisco was 27.7% […]
Today’s News 7-28-2025
Bonus Article! 2Q25 Market Update and 2Q26 Forecast Reports by Mueller Multifamily Drives June Increase in U.S. Housing Starts Residential construction starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported Friday. A 30% monthly increase […]
Today’s News 7-25-2025
Arizona malls, past and present: A closer look at shopping in the Valley Arizona malls, past and present: A closer look at shopping in the Valley: From Metrocenter to Fiesta Mall to Scottsdale Fashion Square, Arizona residents have never had a shortage of shopping options. Watch full video here…» How Arizona cities rank for increases […]
Today’s News 7-24-2025
Metro Phoenix’s malls are transforming. Here’s how When large-scale shopping malls were being developed, they were built in places with easy transportation access, near densely populated areas to create a built-in customer base. Online shopping, food delivery and other consumer habit changes have rendered many of the traditional indoor malls to be functionally obsolete, but […]
Today’s News 7-23-2025
Demand for US apartments remains strong as construction pipeline continues to slow The U.S. multifamily market continued to stabilize in the second quarter of 2025, as strong renter demand kept pace with a moderating pace of apartment completions. Net absorption — the net change in occupied stock — totaled 268,000 units in the first half […]
Today’s News 7-22-2025
10 biggest commercial real estate deals of the last 10 years In a blockbuster year for Arizona real estate, 2025 has already delivered three jaw-dropping megadeals—rewriting the record books and redefining the desert skyline. In an analysis of data collected by the commercial real estate tracking website Vizzda and AZRE magazine, three of the 10 […]