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ASU’s “enterprise” model to drive Arizona’s new economy

(Chamber Business News – November 17, 2020) -From open spaces to open minds, Arizona has the “highest potential” of any state in the nation to successfully move into the new economy, said Arizona State University (ASU) president and innovation trailblazer Michael Crow. The university’s “enterprise” model will help lead the way.

Population growth expected to drive Phoenix medical office market

(AZ Big Media – November 11, 2020) – The Greater Phoenix Medical Office market has remained healthy during third quarter, despite an increase in sublease availability, according to a report from Colliers International.

Infosys, ASU partner to accelerate learning experiences for engineering students

(AZ Big Media – November 9, 2020) – Arizona State University and Infosys, a global leader in next-generation digital services and consulting, today announced a strategic partnership to enhance the learning experience for engineering graduate students in both on-campus and fully interactive remote classes.

Arizona Leads Nation In Homeownership Growth

(Arizona Business Daily – October 18, 2020) – Arizona is adding homeowners faster than any state in the nation, a sign of continued growing economic momentum in the state.

Here’s how ASU and UArizona have contained COVID-19 spread

(AZ Big Media – November 9, 2020) – As some universities continue to struggle with containing the outbreak of COVID-19 on campus, Arizona State University and the University of Arizona appear to have a successful way of preventing the spread.

4 Arizona cities among Top 20 in U.S. for bouncing back fastest

(AZ Big Media – November 2, 2020) – The employment market continued to recover in September, as the latest jobs report shows that the national unemployment rate has fallen to 7.9%, which is 46% below the peak of 14.7% during the height of the COVID-19 pandemic.

Tech. companies seeing a boom amid pandemic — and are hiring

(ABC 15 – October 30, 2020) – As industries like the hospitality, live events, and restaurant industries have been hit hardest amid the COVID-19 pandemic, the technological sector, specifically technology-based companies, have exceeded expectations and are growing.

Here’s what consumers think about the health of Arizona’s economy

(AZ Big Media – November 13, 2020) – The Greater Phoenix Chamber recently released the Arizona Business Index™ (ABI™), powered by OH Predictive Insights (OHPI). The study measures and interprets the health of the Arizona economy from the perspective of the Arizona consumer.

Arizona Sports NFL Power Rankings Week 11: Cardinals surge

(Arizona Sports 98.7 FM – November 17, 2020) – It was the “catch heard ’round the league.” The Hail Murray. The Holy Hop. Kyler Murray’s 43-yard desperation heave that was caught by DeAndre Hopkins was the highlight of the week, maybe the year, and a salvation of sorts for the Arizona Cardinals in their 32-30 win over the Buffalo Bills in Week 10.

Carvana is hiring hundreds in Phoenix

(AZ Big Media – November 12, 2020) – Carvana, a leading e-commerce platform for buying and selling used vehicles, is hiring for 285 open customer care positions in the Phoenix area. Carvana ranked no. 18 in Arizona on Forbes’ America’s Best Employers by State.

City of Phoenix wins award for handling of the COVID-19 pandemic

(Arizona Business Daily – November 8, 2020) – All around the country, localities are struggling to deal with the unique challenges that the pandemic is posing to business, society, and our everyday lives. For their stellar handling of the pandemic and the challenges that come along with it, the City of Phoenix is being awarded a Gold 2020 Winner award.

Colliers International 2020 Q3 Greater Phoenix Office Market Report

(Colliers International – October 12, 2020) – The outlook for the Greater Phoenix office market remains extremely optimistic. Healthy pre-leasing of new construction, rental rates that are holding strong and a diverse industry of tenants looking to migrate to Phoenix showcase that there is light at the end of this unprecedented year.

Colliers International 2020 Q3 Greater Phoenix Industrial Market Report

(Colliers International – October 13, 2020) – The outlook for the Greater Phoenix industrial market continues to be tremendously strong. The industrial market has benefited and thrived the most from the pandemic.

Colliers International 2020 Q3 Greater Phoenix Retail Market Report

(Colliers International – October 19, 2020) – As new dynamics are formed in the brick and mortar environment, new creative ways of consumer shopping will test the market. Multiple variations of retail sales will be analyzed.

Colliers International 2020 Q3 Greater Phoenix Medical Office Market Report

(Colliers International – October 23, 2020) – The forecast for the medical office market remains extremely favorable for the remainder of 2020. The healthcare industry is rebounding very quickly with employment close to pre-pandemic levels.

Phoenix Investment Sales, 2020 3Q Report

3Q 2020 Report Phoenix Investment Sales

The Colliers International Investment Team provides timely, accurate and comprehensive property and market analysis for office, retail and industrial properties throughout metropolitan Phoenix. Our mission is to inform and educate the buyers and sellers of commercial real estate in the 13th largest metropolitan area in the United States. For custom or submarket-specific analytics and property-level evaluations, please contact any member of our team.

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