office properties: Q1 2010 Light Rail Market Report - Metro Phoenix - The Office Market - 05/24/10 01:44 AM
The Office Market        (Submarkets: Phoenix, Tempe, and Mesa)
The Light Rail Corridor Office market vacancy increased to 19.0% in the first quarter of 2010.  That marks an increase of 3.0% over the previous quarter's vacancy rate.  Vacancy rates in the Light Rail Corridor have been on a steady increase since 2007 when the market experienced a drop.  Before then, the vacancy rate had decreased to 9.1% for 2006.  The highest vacancy rates for all Light Rail Corridor submarkets can be found in Tempe (24.0%).  The lowest of the submarkets is Mesa (which does not represent much office space), which was still … (0 comments)

 
Bryan600a

Bryan Watkins

Mesa, AZ

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LRA Real Estate Group

Address: 637 S 48th St, Suite 201, Tempe, AZ, 85281

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