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recent survey by CBRE ranks Phoenix as the 10th most attractive market for commercial real estate investors in the US. The city's pro-business environment, strong population growth, and robust demand across asset types have made it a key target for investors.

    Investors are focusing on gateway markets with discounts and high-growth Sun Belt markets like Phoenix. Dallas remains the top investment market for the fourth consecutive year, followed by Miami. Boston is emerging as an attractive market, while Washington D.C. and San Francisco rejoin the top 10 list.

    Phoenix's business-friendly policies have contributed to its ranking, according to Charlie von Arentschildt, Senior Vice President for CBRE Capital Markets. "Demand for top-tier assets across all product types is particularly robust in the region," he said.

    Key findings from the survey include:

    * 70% of investors plan to acquire more assets in 2025 due to favorable pricing and improving real estate fundamentals.

    * Investors are broadly positive about the market, with 75% anticipating a rebound in their own investment activity by the first half of the year.

    * High-quality assets like multifamily (75%) and industrial/logistics (37%) are top priorities for investors.

    * Value-add and core-plus strategies are favored by two-thirds of investors, indicating a focus on higher returns with lower risk.

    * Elevated interest rates, higher operating costs, and uncertainty about future interest rates are the biggest challenges facing investors in 2025.