Phoenix is the United States’ 17th largest office market and we still have the highest vacancy rate in the country (21% versus the national average 13%). For 2009 Phoenix has had over $224 million in office space sales at an average of $134/sf. New York on the other hand leads the country with an average [...]
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Posted in Commercial Real Estate Market, Office Market, Phoenix Metro CRE Market on July 16, 2009 | 1 Comment »