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08/18/07
Phoenix ranks No. 1 in retail building
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:27 pm

Metro Phoenix has more retail space under construction than anywhere else in the country, according to a report by a national real-estate information service. The fast growth can be attributed not only to the Valley’s increasing population and low unemployment but perhaps also to residents who love to shop, said Garrett Newland, vice president for development at Westcor, a shopping-center development company. Most of the retail growth is along the new Loop 101 and Loop 202 extensions.  More…

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