I found another really interesting article in the Arizona Republic this week showing that the North-west part of the Valley of the Sun is seeing an uptick in commercial real-estate occupancy. There has been so much construction going in out in the NW, including the large commercial complex off Lake Pleasant and the Loop 303.
The article tells us this for example:
New retailers in Surprise, Peoria, Sun City and parts of Glendale took over more than 660,000 square feet of commercial space between January and March. The region was one of the only greater Phoenix markets to experience retail growth, up from about 265,000 square feet of absorbed space in the first quarter of 2007.
It goes on to say that the West valley should continue to see growth for the next few years.
You can read the rest of the article by clicking here.
Duane Slade, Mesa Arizona
