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Metro Phoenix School Performance Map

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MAPS & FACTS™ UNLIMITED, INC. specializes in GIS (Geographic Information System) produced, architectural, driven, based, demographic, educational, and real estate maps to home buyers, brokers, developers, attorneys and lenders.


Map of the Month – July 2016

Class "A" Office Vacancy Revisited

Last July we mapped Class “A” vacancy rates by CoStar submarkets showing eight (8) submarkets with vacancy rates under 10%; a significant improvement over 2014, and, a leading demand indicator for new office construction.

This month we compared vacancy rates for July 2016 with July 2015, again by CoStar submarkets, noting that while only five (5) submarkets’ rates were lower than 10%, 19 additional buildings had been added to the Class “A” inventory  pushing some submarket vacancy rates over 10%.  I.e.: with five (5) new “A” buildings added to the Chandler submarket, Chandlers’ vacancy moved from 6.1% to 18.4%.  Even so, the Metro Phoenix Class “A” vacancy rate remained relatively stable at 16.2%.

Looking at the larger submarkets with no change in the number of buildings, the Camelback Corridors’ 22% vacancy rate hardly moved; the Midtown submarket improved from 30.2% to 24.1%; and, the Downtown submarket remained near 15%.

* Since July 2015, CoStar re-assigned six (6) Class “A” buildings from the 44th St. Corridor submarket to the Tempe submarket making time series vacancy rate adjustments for those submarkets risky.

To download map and chart click here: 2016 - Q2 Class "A" Office Vacancy (PDF)

Classa Vac-2q-72





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Phoenix Business Journal Article - April 24, 2009
Catering to the Hispanic market (PDF)
Maricopa County Cities Median FCV Chart - 2006 through 2012
% Change in FCV (PDF)
Condemnation Summit XII - 2013
GIS in Real Estate Appraisal & Consulting (PDF)
Arizona Commercial Mortgage Lenders Association 04/14/2015


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