Attractive Yields Draw Out-of-State Private Investors to the Valley of the Sun
Geoffrey Turbow
Senior Vice President @ CBRE | Capital Markets | Investment Properties | We Help Investors Complete Their Commercial Real Estate Journey
There’s movement afoot. A movement from Southern California investment to the Phoenix MSA.
Investors of all stripes are discovering the wisdom of placing their capital in the growth potential to be found in the Valley of the Sun. The particular focus of our team – which spans the Pacific Southwest region -- is on private clients who, even though based in the Southern California region, are turning to the Phoenix MSA.
In fact, our CBRE research shows that over the past five years, some 78 percent of private industrial and office buyers in Phoenix came from out of state, and the majority of those were from SoCal.
Why is that? Read more HERE.
Vice President / Principal at Urban Elevator Service AZ
5 年Nice
Sr. Corporate Communications Manager at CBRE
5 年Boom!