IRR-Phoenix Mid-Year Viewpoint 2015 Local Market Report - Retail
Retail has improved in the metro Phoenix market with Power Centers, General Retail, and Specialty Centers showing vacancy rates in the sub-7% range. We expect to see 1.0 to 1.5 million SF of construction with an absorption of 2.0 to 3.0 million SF. Infill projects are increasingly popular.
Download the full version PDF of this Local Market Report below. It includes graphs and tables.
IRR Mid-Year Viewpoint 2015 comprises a National Overview report and 300+ two-page Local Market Reports for all key property types as well as additional resources, including metrics methodology, graphs, and tables; these free reports may be downloaded from IRR’s site here.