AZ in the News

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Arizona budget projections positive despite Covid-19 effects

(Phoenix Business Journal – October 12, 2020) – The state ended the 2020 fiscal year in better shape than anticipated, and now is forecasted to end fiscal 2021 on a positive note.

South Mountain Freeway is a finalists for nationwide transportation award

(AZ Big Media – October 8, 2020) – The Arizona Department of Transportation is asking for people to vote for the Loop-202 South Mountain Freeway project in America’s Transportation Awards to help fund $10,000 in scholarships for members of the Gila River Indian Community.

Phoenix Sky Harbor Airport leads biggest airports in customer satisfaction

(Phoenix Business Journal – October 13, 2020) – Sky Harbor was buoyed in the rankings by an overall increase in customer satisfaction attributed to travelers being pleased with improvements in check-in as well as in food, beverage and retail during the Covid-19 pandemic.

Keep Phoenix Beautiful host volunteering events to keep city clean and green

(AZ Big Media – October 5, 2020) – Amidst COVID-19 concerns, Keep Phoenix Beautiful is continuing to host monthly volunteering events and provide cleanup kits to families in order to maintain a clean and green Metro Phoenix.

Arizona ranks third for economic momentum, report shows

(AZ Big Media – October 13, 2020) – Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports. The report ranks states’ economic momentum based on growth in personal income, employment and population.

ASU moves up to No. 4 in Sierra Club’s ‘coolest schools’

(AZ Big Media – September 30, 2020) – Sierra magazine, the national publication of the Sierra Club, released its 14th annual “coolest schools” competitive ranking of North America’s greenest colleges and universities on Sept. 28, ranking Arizona State University fourth out of more than 300 institutions.

5 Valley cities among Top 25 real estate markets in U.S.

(AZ Big Media – October 13, 2020) – Gilbert resident Nadia Saco bought the home of her dreams this August. But landing it, she said, was a “nightmare” in the current real estate market.

More Than 100 Arizona Companies Named to Inc. 5000

(The Arizona 100 – September 21, 2020) – This year, the Inc. 5000 named 107 Arizona companies as among the fastest-growing in the nation, with 70 repeat recipients and 37 new to the list.

Why new Glendale entertainment district resort with lagoon is a ‘game changer’’

(AZ Big Media – October 13, 2020) – A new resort and water park planned for the Glendale entertainment district can help anchor economic development and keep West Valley residents spending time and money closer to home, city officials and developers said.

Southwest Airlines launches 1st international service from Phoenix

(AZ Big Media – October 11, 2020) – Travelers at America’s Friendliest Airport now have new flight options to Mexico as Southwest Airlines launched its nonstop, inaugural service from Phoenix to Cabo San Lucas and Puerto Vallarta today, making Phoenix Southwest’s newest international gateway.

Gilbert makes Money’s list of Best Places to Live

(AZ Big Media – September 30, 2020) – Gilbert is among the top-ranked places in the country to call home according to Money’s 2020-21 Best Places to Live rankings.

Phoenix Investment Sales, 2020 2Q Report

Q2 2020 Market Report

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.