“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “ I AM YOUR LAND / COMMERCIAL AND INVESTMENT REAL ESTATE SPECIALIST / LOOKING FOR OWNERS & BUYERS. Call me if you want to sell your property and need an estimated value. Phone: 480-948-5554 Prefer cell: 520-975-5207 or email me walterunger@ccim.net.
Walter Unger 8/26/2019 http://walter-unger.com/
Population growth, a large and growing labor pool, the diversifying economy, an attractive cost of living and doing business, and a business-friendly regulatory environment have strengthened the Phoenix value proposition. These characteristics are attracting new residents and businesses to the region, making Phoenix one of the most dynamic metros in the country.
Phoenix is the 11th-largest metro and the second-fastest growing MSA in the nation, adding more than 96,000 residents in 2018. During the same period, metro Phoenix ranked second for net migration, attracting 72,900 new people, for an average of 200 people moving to Phoenix daily. Despite its reputation as a retirement community, the median age in Phoenix is 36 years, below the U.S. median of 38 years. The millennial age group (20–34-year-olds) accounts for the largest share of the metro’s population, making Phoenix attractive to companies searching for a vibrant and young workforce. Net migration and the presence of large educational institutions and colleges are growing the local labor pool.
Metro Phoenix is home to the largest public and private universities in the country: Arizona State University (ASU) and Grand Canyon University (GCU). ASU enrollment surpassed 111,000 students in fall 2018, spread across five campuses and the ASU Skysong Innovation Center. ASU’s main campus in Tempe is the largest, with more than 51,500 students, serving as a substantial economic driver. Meanwhile, Grand Canyon University’s presence in the West Valley has grown considerably over the past decade, contributing to significant transformative growth in that part of the metro. GCU enrollment swelled from 1,000 students in 2008 to more than 20,000 students on campus, and total enrollment (which includes online students) exceeds 98,000 students today. Beyond producing new graduates, these universities are also prominent employers in the metro.
Thanks to the large and growing labor pool, businesses are flocking to Phoenix. Companies looking to scale know that their current and future labor needs will be met with the outsized existing workforce and growing talent pipeline. While labor is the primary driver behind the market’s business attraction efforts, Phoenix’s relative affordability compared to coastal cities and metros of its size lures relocating and expanding businesses. Recent. job announcements by Intel, Allstate, Deloitte, Mayo Clinic, Nikola Motor Company, Fox Corporation, Wells Fargo, Infosys, and USAA have contributed to thousands of high-quality jobs and are bolstering the quality of life in the metro. While the number of companies expanding to metro Phoenix is noteworthy, the diversity of industries is necessary in sustaining the region’s long-term viability.
Diversification of the local economy is shifting Phoenix away from its “boom-and-bust” tendency towards a more sustainable economy. The Phoenix economy has transformed over the past 10 years. Whereas the local economy was dependent on industries associated with household growth—construction, lending, brokerage, etc.—today, growth is more prominent in healthcare, professional and business services, and financial activities. Because of the metro’s past reliance on housing, Phoenix was among the hardest-hit markets during the recession; the market lost more than 300,000 jobs, 25% of which were in the construction industry alone.
Today, Phoenix is leading the nation in job growth. The market has become a hub for financial services. State Farm selected Tempe for its 2.1-million-SF campus in 2015, which is expected to house up to 8,000 employees. Following State Farm’s lead, insurance and financial services companies have increased their footprints across the Valley, including sizable expansions by Farmers, Voya, Freedom Financial, Bank of the West, and Nationwide.
Phoenix is also gaining recognition as a growing technology center. Its expanding portfolio of tech companies includes Amazon, Indeed, ZipRecruiter, Uber, Waymo, Offerpad, and Houzz. These employers are particularly attracted to live/work/play submarkets in Tempe, Chandler, Scottsdale, and downtown Phoenix that help to attract quality talent. Many of these companies are migrating from California and other coastal markets, fleeing intense competition for talent and costly labor and real estate. A significant share of the metro’s tech jobs are with non-tech companies that have established IT centers such as USAA, Deloitte, General Motors, and Charles Schwab.
FROM ME:
Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial en.wikipedia.org/wiki/CCIM I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS, PLEASE CALL ME – cell: 520-975-5207 or email me walterunger@ccim.net
I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS
“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “ ARE YOU READY TO SELL OR PURCHASE YOUR INDUSTRIAL / OFFICE OR RETAIL BUILDING OR YOUR LAND in Phoenix, Maricopa County and Pinal County, Arizona, please call me. Office: 602-445-4113, , cell: 520-975-5207 or email me walterunger@ccim.net.
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
History of Arizona from 900 BC – 2017 -Timeline.
8 Reasons You Should Invest in Land
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION
ARIZONA FACTS – YEAR 1848 TO 2013
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
- The average age of the population is 34 years old.
- The health cost index score in this area is 102.1. (100 = national average)
- Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).
LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17
Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience
Click here to find out what is a CCIM:
Click here to view my website:
Click her to join my mailing list :
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS
“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages. The interactive map shows the location of each community (10+ units) and each location is color coded by the size (number of total units).
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
Reasons to Consider me for Commercial Referrals
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