The Phoenix retail market recently hit an inflection point that hasn’t happened in at least 15 years. The share of space available to lease declined to 4.6% in the third quarter, surpassing the 4.9% U.S. level.
Phoenix Retail Space Availability Falls Below US for First Time in 15 Years
Robust Demographics, Lack of New Supply Further Tighten Market Conditions
CoStar Analytics
December 11, 2023 | 9:27 P.M.
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