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s the Phoenix commercial real estate market continues to evolve, property owners and investors face challenges in navigating shifting demand, leasing complexities, and market uncertainty. Casey Blais, a real estate attorney at Burch & Cracchiolo, works with clients on issues such as landlord-tenant disputes and commercial evictions across the Valley.

    Blais identifies key trends in Arizona's real estate law landscape:

    1. Lease and loan defaults are being closely monitored, but both office and retail sectors appear to be stable for now.

    2. Property owners and managers are focused on ensuring timely rent payments, striking a balance between leniency and enforcement.

    3. The industrial sector is showing strength, while the office market remains uncertain due to high vacancies.

    4. Companies are adopting more conservative approaches when seeking new office space, often downsizing their existing footprints.

    5. E-commerce-driven demand for higher-end industrial parks and warehouses is expected to continue growing in the coming years.