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Sporadic White-Collar Hiring Dampens Office Fundamentals, but Existing Tenant Base Steadying, Giving Back Less...

Phoenix, AZ - November 16, 2011 - (RealEstateRama) -- Although Phoenix office market fundamentals remain soft, improvements in other industries and property types will continue to seep into white-collar sectors and stimulate leasing. So far this year, metrowide employment levels have risen by 26,700 jobs through the end of the third quarter. Hiring within the blue-collar and education and health services sectors accounted for 14,700 positions. Layoffs in the professional and business services industries, however, drove overall office-using losses of 4,300 positions during that stretch. Despite the net loss of jobs, white-collar employers added workers during the second quarter and Phoenix’s business-friendly climate will further encourage relocations similar to Wal-Mart’s regional consolidation and AT Security Service’s complete move from California.

Robust Blue-Collar Hiring Supporting Industrial Space Demand in Phoenix, Though Rents Decline

Phoenix, AZ - May 18, 2011 - (RealEstateRama) -- In step with national economic growth, the outlook for the Phoenix industrial market continues to improve. Nationwide blue-collar sectors expanded by 1% over the past two quarters, the greatest six-month gain since mid-2006. Moreover, both manufacturing production and new factory orders increased for more than 21 consecutive months through March.

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Property for Sale: Houses for sale: Property24

Property24.com is South Africa's largest property search portal and is the first place to start your property search! Property24.com lists houses, flats, vacant land...