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06/09/07
Surprise has office surplus
Filed under: General, Real Estate
Posted by: Lillian Wong @ 12:51 pm

Cheap land and overzealous development have made Surprise one of the few Valley areas with an excess inventory of office condominiums, commercial real estate brokers report. They add, however, that the oversupply should be absorbed in the long run as Surprise and the West Valley continue to grow. Office condos are buildings with individual units popular among medical professionals, insurance companies, lawyers, accounting firms and similar businesses. Occupants typically buy the spaces rather than lease, and the units appreciate.  More…

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