Building Arizona’s Future: Development Strategies for Growth
Phoenix’s commercial real estate market is experiencing significant growth, with new construction starts reaching 506,742 in 2023 despite a 25.3% year-over-year decline. Phoenix’s commercial real estate market is seeing notable expansion and redevelopment. Infrastructure projects in North Phoenix significantly boost property values, supporting continued regional growth. The market also faces challenges, such as managing energy demands and addressing shifting policy regulations. Gain firsthand insights into the latest market data and forecasts, helping you make informed decisions and identify opportunities in Arizona’s rapidly expanding commercial market.