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07/21/07
Investors, light rail boost Central Corridor rental rates
Filed under: General, Business, Real Estate
Posted by: Lillian Wong @ 7:00 pm

Mike Thomas had a rude awakening when he set out to find a new office for his environmental consulting firm almost a year ago. Lease rates had jumped, and not just in prime areas like the Camelback Corridor, north Scottsdale and downtown Phoenix. Rates in the city’s Central Corridor - a submarket long viewed as the redheaded stepchild to those other corridors - had also risen significantly.  More…

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