Our Latest Market Reports and Analysis
Office, retail and industrial investment sales through January 2020 totaled $375 million consisting of 38 properties. While prices are trending up and cap rates are trending down, rental rates and pricing are still well below replacement costs for most properties, providing definitive value-add opportunities, even for stabilized assets. New investors regularly enter the Phoenix market, while repeat buyers are successfully growing their Phoenix portfolios, adjusting to the new pricing. Now is the time to trade, as it is a good time to take chips off the table and prices are on the rise.