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Page 16

C O M M E R C I A L

REAL ESTATE

Phoenix Commercial Brokers Sales & Leasing – Commercial, Industrial, Office, Land

2018: OFF TO BLAZING START By Chris Keeley

I

Specializing in the Greater Deer Valley Airpark

Feel free to stop in our Deer Valley location on the NEC of 19th Avenue and Knudson Drive in the heart of Deer Valley Airpark. 22849 N 19th Avenue, Suite 140 Phoenix, Arizona 85027

623-516-7744

Almost 350,000 of industrial space have been leased over the last 12 months and the average rental rate is up to $0.75 psf (NNN).

ndustrial sales in the Deer Valley Airpark are on a record breaking pace in the first quarter of 2018. Asking rents are now typically $0.80 With the most recent sale of the psf (NNN) in Deer Valley. 310,000 square foot portfolio at Parc Pinnacle Licensed | Bonded | Insured AZ ROC #303981 The office market has remained for $30,300,000 sluggish with just about 110,000 and with many square feet leased over the same other buildings in Rep slease rates 12-month period, and with escrow, the second air/R orie ess rising to $12 psfAc(NNN). epla quarter looks just as c ce | G tors | ate Operato promising. rs | Door Opera Office typically follows industrial as It looks like the only far as occupancy rate in this market. thing that will slow down this industrial The Deer Valley Airpark remains one market will be a lack of inventory. We of the hottest markets in the Greater should expect a hefty influx of new Phoenix Area and this next year looks construction over the next 18 months very positive for continued growth. just to catch up with demand.

GARAGE DOORS & GATES • RESIDENTIAL & COMMERCIAL Licensed | Bonded | Insured

AZ ROC #303981

Rep ies GARAGE DOORS AND GATES air/R sor s e epla c Ac ce | G tors | ate Operato rs | Door Opera

Schedule Your Appointment Online or Over the Phone

(480) 744-6368 | GatewayDoorAZ.com

Schedule Your Appointment Online or Over the Phone

(480) 744-6368 | GatewayDoorsAZ.com 16 • June 2018 • DEER VALLEY TIMES

Schedule Your Appointment Online or Over the Phone

deervalleytimes.com

Profile for Deer Valley Times

Deer Valley Times, June 2018  

With each issue, the Deer Valley Times direct mails our community newspaper to more than 20,000 homes and businesses within 85027 & 85085 (D...

Deer Valley Times, June 2018  

With each issue, the Deer Valley Times direct mails our community newspaper to more than 20,000 homes and businesses within 85027 & 85085 (D...

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