Mortgage And Real Estate News

Sunday, September 8, 2013

Metro Phoenix big-box market is bouncing right back

The big-box real-estate market in metro Phoenix is rebounding after several big retailers left storefronts and shopping centers vacant during the housing crash.

Retail expert Judi Butterworth with Velocity Retail said the lease and sale of big boxes in the region has been “robust” in the past six months, with traditional and non-traditional users moving into vacant space.

Large national retailers including Burlington Coat Factory, Wal-Mart Neighborhood Market and Ross are filling big spots again.

Read more...Metro Phoenix big-box market is bouncing right back

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