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As Spurs-Suns rivalry heats up, hot Phoenix and San Antonio commercial real estate markets cool down

Following years of rapid expansion, the two cities are headed for slower growth
Phoenix, left, and San Antonio both have NBA teams and cooling real estate segments in the Southwest. (CoStar)
Phoenix, left, and San Antonio both have NBA teams and cooling real estate segments in the Southwest. (CoStar)

While the San Antonio Spurs and the Phoenix Suns are set to reignite their NBA rivalry, both Phoenix and San Antonio are facing a broader slowdown in the Sun Belt that threatens to cool the region’s commercial real estate markets alongside the weather this year.

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News | As Spurs-Suns rivalry heats up, hot Phoenix and San Antonio commercial real estate markets cool down