PHOENIX, Ariz. - My Home Group's team, MHG Commercial has been featured in Big AZ Media's Top Commercial Real Estate Producers of 2022 list. This prestigious recognition is a testament to MHG Commercial's exceptional dedication, expertise, and achievements in the Phoenix's commercial real estate market.
According to research from Transwestern Real Estate Services, the Phoenix industrial real estate market is one of the strongest in the U.S.. This market has 293.5 million square feet of industrial space and has an additional 56 million square feet of industrial space in construction, a figure that is dwarfed by the 108 million square feet of proposed space. The market's average rents increased approximately 20% year-over-year across all submarkets to $11.84 per square foot. Absorption for the quarter totaled 4.8 million square feet, bringing the year-to-date total to 22.8 million square feet.
MHG Commercial's expert team (Aaron Dutcher, Nick Skogen, David Pierce, Carla Magee and Justin Skogen) have been instrumental in navigating this highly competitive real estate market by providing clients with tailored solutions to meet their unique needs. MHG Commercial has a proven track record of success in the Phoenix-Metro industrial real estate market, and their expertise and professionalism have earned them the trust and loyalty of their clients. Their vast industry knowledge and experience have enabled them to navigate this highly competitive market and provide clients with the highest level of service and expertise.
For more information about MHG Commercial and their services, please visit their website or contact their team today. Congratulations to MHG Commercial on this well-deserved recognition from Big AZ Media's Top Commercial Real Estate Producers of 2022 list!