Phoenix, AZ. – With the recent release of Velocity Retail’s Research Solutions Team’s 1st quarter 2013 retail quarterly numbers, Velocity Retail is excited to report positive improvements to the retail vacancy rate and leasing activity.
As reported on AZRE Magazine’s website, Dave Cheatham, Managing Principal at Velocity Retail commented, “We are excited to report that the Phoenix area has recorded six straight quarters of improvement both in vacancy and leasing activity. The Phoenix market is clearly on its way to continued health at a gradual and steady pace,” he said.