Insights

Q1 2025 Arizona Hospitality Market Report Key Findings The 2025 forecast indicates flat growth in ADR and RevPAR at -1.7% and -0.2%, with occupancy increasing by 0.2%. The Scottsdale submarket continues to outperform, recording the highest ADR and RevPAR in the region, commanding $30 over the Phoenix Central (Downtown) Submarket. Phoenix has one of the […]

Phoenix Industrial Market Report Phoenix Key Findings Past 12 Months | Source: CoStar Group The industrial sector in Phoenix is experiencing one of the largest supply waves in history, with around 38 million square feet in industrial deliveries over the past 12 months. Absorption levels increased to 11.7 million square feet during the same timeframe. […]

Scottsdale and Central Phoenix Industrial Market Report Market Overview The Phoenix industrial market is experiencing dynamic growth, contributing to Arizona’s economy and attracting private investors. Although there has been a slight increase in vacancy rates due to developments in Deer Valley and Scottsdale Airpark, these areas, along with North Airport, have piqued the interest of […]

Industrial Market Report | Phoenix, AZ Phoenix Industrial Market Overview Phoenix’s job market has shown remarkable resilience and growth, with an addition of 55,300 jobs in the past year, contributing to a total gain of 218,500 since before the pandemic. The city’s allure lies in its affordability, job opportunities, and business-friendly environment, attracting both individuals […]

Phoenix, AZ  Retail Market Report Market Overview The Phoenix retail market continues to be very competitive due to strong demographic trends, increasing income, and job growth. Aggressive rent growth, driven by low availability and strong consumption, has positioned Phoenix as a top market for rent increases. Phoenix continues to excel in employment growth, with 43,200 […]

Phoenix Self-Storage Market Report As the capital of Arizona and the fifth-largest city in the U.S., Phoenix carries a population of more than 1.6 million people. Phoenix continues to outperform in job growth, with an addition of 43,200 jobs in 2023, bringing the total to 166,000 more jobs than pre-pandemic levels, marking the sixth-largest gain […]

Phoenix Industrial vs. Los Angeles Industrial: A Comparative Study of Economic Dynamics & Growth Opportunities The growth of the Phoenix MSA is similar to the “Path of Progress” that occurred in Southern California in the 1980s and 1990s. Los Angeles got expensive and crowded, which pushed its growth to Orange County. As Orange County grew, […]

Phoenix & Glendale Retail Market Report Glendale Market Overview Glendale, AZ, is known for State Farm Stadium, home of the Arizona Cardinals football team. The submarket also contains the Arrowhead Towne Center shopping mall. Glendale’s strategic location provides easy access to the greater Phoenix area, making it an attractive place to live and work. General […]

Q4 Phoenix Retail Market Report Market Overview Factors like population growth, a diverse economy, affordability, and business-friendly regulations strengthen Phoenix’s value proposition. Competitive advantages and growth drivers, including relative affordability and job prospects, continue to stimulate growth in the Valley. An increase in remote work has attracted residents from dense and expensive cities to relocate […]