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Commercial real estate sales volume rebounded in Phoenix last year

Industrial unseats multifamily as top segment for investment
CoStar Analytics
February 18, 2025 | 4:11 P.M.

The Phoenix commercial real estate investment market staged a comeback in 2024. About $11.8 billion worth of multifamily, retail, office and industrial properties traded hands last year, a 32% increase compared to 2023.

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