Video: Nar Forecast Summit: Commercial & Reits Update 2022


On March 30, 2022, from 2:00–3:00 p.m. Eastern, National Association of Realtors held its virtual Real Estate Forecast Summit: Commercial Update event, which provided an outlook on the changing commercial real estate market. Watch the Recording: PowerPoint presentation below: Our Take: Industrial and multifamily/apartments are on fire. This area is considered a seller’s market. Retail and Office…

Phoenix-Mesa-Chandler ranks No. 2 among Most Active Self Storage Market


Phoenix, Arizona is The 2nd Most Active Self Storage Market, NY takes the top spot according to STORAGECafe This report shows how the 2020 pandemic has affected the Phoenix-Mesa-Chandler self storage market. It seems the PHX self storage inventory is somewhat below demand, so much so that street rates increased by 2.2% y-o-y. Highlights:  The…

ASU Campus CRIBS: West 6th Tempe Tower trades for $123 Million.


Institutional Property Advisors (IPA) a division of Marcus & Millichap (NYSE: MMI), sold West Sixth, a condo-quality 375-unit/625-bed student housing tower located just steps (less than a block) from Arizona State University (ASU) (ranked #1 in the U.S. for innovation, dedicated to accessibility and academic excellence.) in Tempe, Arizona. According to Ryan Sarbinoff, regional manager of the…

Industrial Property in Phoenix lists for $500K.


A 3,381-square-foot industrial property with two additional parcels of land just hit the market for $500,000. Juan Pesqueira of Attorneys Realty represents the seller and listing. The property, located at 4334 E WINSLOW AVE in Phoenix, AZ 85040— off Highway Arizona State Route 143 and University road — is in one of the tightest industrial submarkets in all…

– a Guide to Selling a Commercial Property in Phoenix (metro)


Selling commercial real estate (building, land, apartment, multi-family, auto shop, retail, industrial, etc.) in the Phoenix, Scottsdale, Tempe areas or throughout Arizona is more complex than selling residential real estate, and the buyers of commercial property have a different mentality than those of residential homes. Buyers of residential housing tend to be concerned with the…