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Office Demand Continues Upward Trend

(Connect National – June 14, 2021) – Led by New York City, April marked the fourth consecutive month when demand for office space nationally continued to recover.

ASU tops in nation for impact in achieving “a better world”

(Chamber Business News – June 17, 2021) – For the second year in a row, Arizona State University in Tempe is ranked No. 1 in the nation for its impact in reaching goals set forth by U.N. countries to achieve “a better world” by 2030.

Fiesta Bowl celebrating 50 years of economic impact, charitable giving

(Chamber Business News – June 15, 2021) – As the Fiesta Bowl marks its 50th anniversary this year, there is more to celebrate than the action on the field.

Arizona ranks No. 5 for pandemic recovery

(AZBigMedia – June 14, 2021) – Research by TOP Data indicates that some states are fairing much better than others.

How the Intel $20B investment will transform Arizona economy

(AZBigMedia – May 31, 2021) – According to Sandra Watson, president and CEO of the Arizona Commerce Authority, Intel’s decision to open two new semiconductor factories is transformational in adding new jobs.

6 projects that helped Arizona earn ‘Gold Shovel’ award

(AZBigMedia – June 14, 2021) – Arizona was awarded a prestigious “Gold Shovel” award from Area Development Magazine for the state’s “success in terms of new job creation and company capital investment” in 2020.

Suns in 4: Valley erupts as Phoenix heads to Western Conference Finals

(Arizona Sports 98.7 FM – June 13, 2021) –

The Phoenix Suns are heading to the Western Conference Finals in their first playoff appearance in over a decade.

Arizona No. 1 in U.S. for biggest personal income increase

(AZBigMedia – June 8, 2021) – Arizona and Montana had the largest increase in state personal income for 2020 at 8.4 percent, according to data from Bureau of Economic Analysis.

Maricopa County No. 1, Metro Phoenix No. 2 for fastest growth

(AZBigMedia – June 14, 2021) – When the news gets out that Greater Phoenix is one of the top places in the nation to find a new job opportunity, people start heading to Arizona and Phoenix growth explodes.

Carvana debuts on Fortune 500 list after 8 years

(AZBigMedia – June 7, 2021) – Carvana is one of the youngest companies to make the 2021 Fortune 500 List.

Tempe named among world’s Smart 50 cities

(AZBigMedia – May 28, 2021) – Alongside cities from Canada, Hong Kong, Israel and Chile, the City of Tempe was named a winner of the Smart 50 Award.

Phoenix Children’s will build $135M hospital in Glendale

(AZBigMedia – June 1, 2021) – Phoenix Children’s will soon break ground on a freestanding hospital and a new multi-specialty clinic in Glendale.

Photos: Arizona heads to College World Series with blowout win over Ole Miss

( – June 14, 2021) – The Arizona Wildcats are heading to Omaha, Neb. for the 2021 Men’s College World Series after their 16-3 win over Ole Miss.

Colliers 2021 Q1 Greater Phoenix Office Market Report

(Colliers – April 14, 2021) – The metro Phoenix office market ended Q1 2021 posting -372,905 square feet of net absorption, marking the second consecutive quarter of more than 100,000 square feet of negative absorption.

Colliers 2021 Q1 Greater Phoenix Medical Office Market Report

(Colliers – May 3, 2021) – Greater Phoenix medical office market ended Q1 2021 posting -12,431 SF of net absorption.

Colliers 2021 Q1 Greater Phoenix Industrial Market Report

(Colliers – April 16, 2021) – The Greater Phoenix industrial market for Q1 2021 saw rental rates continue to climb, increasing over 8% year-over-year.

Colliers 2021 Q1 Greater Phoenix Retail Market Report

(Colliers – May 17, 2021) – The Greater Phoenix retail market ended Q1 2021 posting 246,897 SFof net absorption.

Phoenix Investment Sales, 2021 1Q Report

Phoenix Investment Sales 1Q 2021 Report

Phoenix Investment Sales, Year End Report

2020 Year End 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.