AZ in the News

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Wall Street Journal ranks Sky Harbor No. 1 in the U.S.

(AZ Big Media – November 15, 2019) – Phoenix Sky Harbor International Airport was named the top airport in the nation among large airports by the Wall Street Journal. Convenience. Reliability. Value. These are critical factors the Wall Street Journal looked at when conducting its annual Airport Rankings study. It examined 14 different measures within these categories, as well as surveying more than 2,500 subscribers. The results found that among other things, Phoenix Sky Harbor’s short taxi-to-takeoff times, restaurants and fast WiFi makes it the top airport in the country.

Zovio brings more than 800 jobs to new Chandler headquarters

(AZ Big Media – November 18, 2019) – Zovio, an education technology services company, cut the ribbon at their new Chandler headquarters yesterday. Andrew Clark, Founder, President, and CEO of Zovio, was joined by over 300 attendees, including Arizona economic leaders, elected officials, and community partners.

Phoenix retail market healthy despite national struggles

(AZ Big Media – October 21, 2019) – The Greater Phoenix retail market is performing well, despite the national trend of retail struggles, according to a report from Colliers International. Overall vacancy of retail space in the metropolitan area was approximately seven percent at the end of the third quarter, which was the 20th consecutive quarter at below ten percent levels. The metro began the year with negative net absorption, but leasing has improved since the first quarter and is expected to finish the year relatively strong.

UArizona ranks high among ‘Best Global Universities’

(Chamber Business News – November 12, 2019) – The University of Arizona was recognized recently as one of the top universities in the world by U.S. News & World Report.

Tourists spent more than $2 billion in Scottsdale in 2018, report finds

(KTAR News – November 4, 2019) – PHOENIX – Tourists spent around 30% more in Scottsdale in 2018 than they did a year earlier, according to an annual report released last week.

Cox and ASU launch collaboration to create smart region

(AZ Big Media – November 15, 2019) – Cox Communications and Arizona State University (ASU) announced at the 2019 ASU Smart Region Summit flagship event their partnership to create the Cox Connected Environments Collaboratory at ASU. This collaboration will drive the development of Arizona’s smart region infrastructure, delivering on the promise of ASU’s Smart City Cloud Innovation Center (CIC) to build smarter communities in the greater Phoenix metropolitan region by solving pressing community challenges.

Northrop Grumman opens massive 633K SF Chandler facility

(AZ Big Media – November 13, 2019) – Fast, but fabulous would be a fitting way to describe the development process and the finished product that is Northrop Grumman’s new 633,000-square-foot build-to-suit campus that sits in the Park Place Business Park in Chandler.

Mesa becomes first Autism Certified City in U.S.

(AZ Big Media – November 19, 2019) – Mesa is the first-ever Autism Certified City in the U.S. designated by the International Board of Credentialing and Continuing Education Standards (IBCCES), raising the profile of the East Valley city to millions of individuals with autism and millions of annual travelers impacted by autism. The innovative initiative is expected to raise the national profile of the city and inject a new source of visitor dollars to the region.

The Suns are shooting threes at historic rates, and it’s working

(Arizona Sports – November 16, 2019) – Forward Cameron Johnson finished off the Phoenix Suns’ three-point barrage on Thursday with a 26-footer in the final 2:06 against the Atlanta Hawks.

Phoenix Investment Sales, 2019 3Q Report

2019 3rd Quarter 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.