AZ in the News

Featured Story

North Scottsdale Business Parks Competitive Set

(Colliers – September 15, 2023) – This report demonstrates the extremely high occupancy and scarcity of available space within business parks throughout North Scottsdale.

Governor Katie Hobbs Statement on Record-Setting Job Numbers in Arizona

(Office of the Governor Katie Hobbs – September 14, 2023) – 3,144,600 Arizonans Have Jobs, 56,700 Jobs Created in the Past Year, Median Household Income Jumps over $3,000.

Phoenix retail market posts historic low vacancy

(AZBigMedia – September 9, 2023) – The Greater Phoenix retail market vacancy level hit a historic low 4.8 percent at the end of June, reflecting strong tenant demand.

Home run for Arizona: Spring Training pumps over $710 million into economy

(KTAR News – August 28, 2023) – Spring Training generated more than $418 million in new revenue for Arizona’s economy this year and more than $710 million in total economic activity.

Arizona Board of Regents releases 2023 annual report, touts big wins for state

(Chamber Business News – August 28, 2023) – The Arizona Board of Regents released its annual report last week. The report outlines how state’s public institutions of higher learning have grown enrollment, adopted a new tuition structure, and more.

Here’s why Arizona will avoid recession this year and next

(AZBigMedia – September 17, 2023) – The diversified Arizona economy has positioned itself so that it will avoid recession this year and next, according the EBRC.

Trends to watch with Phoenix construction labor, supply chain, material costs

(AZBigMedia – September 17, 2023) – Here are the trends within construction labor, supply chain and material costs across the Metro Phoenix region and other key markets.

Google bringing $600 million investment to Mesa

(Chamber Business News – September 7, 2023) – Your next email might be routed through Mesa. Google on Wednesday announced it will make a $600 million investment in the East Valley city to build a new data center to host services like search, Gmail, maps and cloud storage.

Here’s how many Californians — and others — have moved to Arizona

(AZBigMedia – September 18, 2023) – What states send the most new residents and migrants to Arizona? Here’s how many Californians have moved to Arizona.

Arizona has 3 of the 5 best charter schools in the U.S.

(AZBigMedia – September 12, 2023) – Arizona is home to three of the five best charter schools in the U.S., according to U.S. News & World Report. Here’s a look.

Phoenix-Area Town Funding Battery Makers Infrastructure Needs

(connectcre – September 11, 2023) – G Energy Solution has agreed to build two battery factories in the Town of Queen Creek at a cost of $5.5 billion. It’s the largest single investment ever for a stand-alone battery manufacturing facility in North America.

Semiconductor manufacturing in space? ASU is working on it

(AZBigMedia – September 18, 2023) – ASU is working as a co-primary investigator on NASA research to build a blueprint for manufacturing semiconductor devices in space.

Banner Health first in country to utilize new innovative therapy for atrial fibrillation

(AZBigMedia – September 9, 2023) – Banner – University Medical Center Phoenix is the first hospital in the U.S. to use an innovative technology to treat atrial fibrillation.

Phoenix Investment Sales, 2023 Quarterly Reports

Phoenix Investment Sales, 2022 Quarterly Reports

Phoenix Investment Sales, 2022 Year End Report

The Colliers 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.