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Wednesday, May 17th - Time: 4-6pm
Location: Arizona Multihousing Assoc. 818 N 1st St, Phoenix
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Keynote Speaker : Christine Mackay – Dir. of Economic Development - City of Phoenix
This is a unique opportunity to not only understand the Current and Future Development plans for Downtown Phoenix Including the “HOT” Apartment Market BUT ALSO what that means to all apartment owners (small and large) with properties in or near downtown.
- If you own Apartments ( or any property) in or near Downtown, the detailed information will be essential to maximizing your value.
- What’s Driving the Current and Projected Development of the Downtown Area New Apt. Construction, Future Demand and the Effect of the High Rental Rates on Local and Outlying Apartment Communities
- How tenants search for apartments? Is your advertising effective?
- Is South Phoenix perfect for investing with the recently approved light rail extension?
- KLCG will also provide Q1 2017 insight into recent trends on sales, value, vacancy rate, rental growth, interest rates and all things critical for understanding the apt. market. Knowledge to make Informed Decisions
Event Sponsors
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E-Zine for the Week Ending May 4, 2017
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Online used car retailer Carvana, which is headquartered in Phoenix but does not have one of its signature automated car vending machines in the Phoenix market, could be bringing one to Tempe. The company has asked the Tempe City Council to approve a glass, nine-story vending machine and allow automotive retailing at the northwest corner of Scottsdale Road and Gilbert Drive, the Phoenix Business Journal reports.
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When it comes to site selection, Phoenix has star power. Its attractiveness, along with organic economic growth marketwide, will help keep demand for office and other commercial space healthy in the foreseeable future. "Phoenix continues to be a strong market for business relocation and job creation," DMB Associates executive vice president and general counsel Mary Alexander said. "This fuels positive growth in the office market and in residential real estate. Rental rates are up and tenants are actively pursuing new deals for both office and retail."
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With new ownership and a new name, the large commercial builders RJM Construction Phoenix announced it will be doing business as Venn Companies moving forward.
Established in the Valley in 2010, RJM Construction Phoenix had built a reputation of delivering high quality commercial interiors and building success from the ground up. Venn Companies is the commercial tenant improvements specialist behind some of the Valley’s most impressive spaces, including the Rio Salado Communiversity, Aveda Institute and the Meritage Homes corporate headquarters to name a few.
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“No’ is a hard thing to say to people who need help,” Joe Keeper said.
As director of real estate development at Native American Connections, Keeper advocates for affordable housing in Phoenix, and he said he is constantly turning people away who don’t fit the requirements but need assistance affording rent in Phoenix.
Development in Phoenix is rising, and it is causing even more obstacles for affordable housing advocates like Keeper.
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12,759 Units Under Construction
In addition to the 12,759 units currently under construction, there are 19,254 planned and 9,137 units noted as Prospective. That's a total of 41,150 units.
Email Jim for detailed list of new construction or use the map link above.
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Map of Apartments Available
We keep track of all apartments advertised. The interactive map shows the location and quantity of units advertised in Phoenix Metro area.
CLICK HERE for a detailed list of Apartments Available or use the map link above.
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Kasten Long Commercial Group
Jim Kasten, CCIM - Designated Broker
602 445 4113 Office 602 677 0655 Cell
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