PHOENIX, AZ – October 11, 2012 – (RealEstateRama) — The Phoenix offi ce market continues to push forward by shaking off its multi-year decline by posting several successful quarters with promising market data. Phoenix, the king of the boom-and-bust market, saw feverish overbuilding in the middle of the last decade and players in the market have been paying the price for it ever since. Even though the road back has been slow, the offi ce market is making steady strides. That has helped to shore up a renewed optimism in this market.
RealEstateRama Offi ce Market Gains Strength As Absorption Numbers Shine