The retail space and office buildings in downtown Chandler are hot

The retail space and office buildings in downtown Chandler are hot. It is common to see signs indicating that commercial space has been sold out or rented out in downtown Chandler. The vacancy rate in the city center...

Retail and office space in downtown Chandler are hot. It is common to see signs in downtown Chandler that commercial space has been sold out or rented out. The vacancy rate in the city center has dropped to 0.9%, down from 14.1% two years ago. The city of Chandler's economy has remained strong, with a $10 million streetscape project introduced in 2010 during the housing downturn to support the needs of more businesses downtown. The city development program manager said he already has a waiting list, with many people lining up for the retail properties. Office vacancy rates are also very low, at 5.5% in June and 22.9% two years ago. In recent news, a huge data center and branches of high-tech companies are also eyeing the Chandler area. More job opportunities and a better urban service system will directly affect the value of real estate in this area. Despite the rising trend of overall real estate prices in Phoenix, prices in the Chandler area are still rising steadily. In addition, Chinese Americans pay more attention to the quality of education for the next generation. High-quality schools have also become a buying point. This has also become one of the places where many Chinese invest and settle down. For more information about real estate, please contact Tinna of Goldtrust Realty (480) 287-0180E-mail: Goldtrustrealty2010@gmail.com.