Author: Reisman Realty

Industrial development in Greater Phoenix has seen an impressive growth streak in recent years, with an unprecedented amount of investment coming to the Valley. Other sectors, such as retail and office, have struggled in the post-pandemic landscape, with some product types outperforming others within both segments. As 2024 nears its halfway point, here’s what we see as bright spots and the state of commercial real estate and the challenges that lie ahead. “We remain cautiously optimistic,” says Mike Reisman, designated broker of Reisman Realty. “Phoenix has advantages over other parts of the country because of the weather, the constant influx of people…